Oil And Gas Industry

In Iran, economic worries grow as new US sanctions loom

Jul 30, 2018

Fears mount in Iran as currency plunges to record low a week before the restoration of US sanctions

Oil prices spike after Saudi halts shipments after attack

Jul 26, 2018

Oil prices rise to 10-day high after Saudi Aramco temporarily halts crude shipments through key strait after Yemen rebel attack

Saudi TV: Yemen rebels attack ship causing slight damage

Jul 25, 2018

Saudi state-run TV reports that Yemen's Shiite rebels have attacked a Saudi ship off the country's western coast

Egypt hikes natural gas prices by up to 75 percent

Jul 24, 2018

Egypt has raised natural gas prices for households and businesses by between 33.3 and 75 percent

India cuts oil imports from Iran by a quarter in past year

Jul 23, 2018

Facing the threat of U.S. oil sanctions on Iran, India continued to rely on Iraq as its top oil supplier in the April-June quarter, followed by Iran and Saudi Arabia

Iran's top leader endorses warning over oil supplies

Jul 21, 2018

Iran's top leader has endorsed a warning made earlier by the country's president over Mideast oil supplies

Turkey, US officials hold talks on upcoming Iran sanctions

Jul 20, 2018

Turkey's foreign ministry says it is monitoring American sanctions on Iran, following a meeting with a United States delegation.

Southern Iraq's woes to continue, renewed protests possible

Jul 19, 2018

Frustration, anger in southern Iraq likely to continue, with renewed protests a possibility in the short term

Chinese president visits UAE amid push to increase influence

Jul 19, 2018

Chinese president visiting Abu Dhabi as the two countries look to strengthen trade ties, expand investment

Abu Dhabi awards $1.6 billion survey project to China's CNPC

Jul 19, 2018

State-owned Abu Dhabi National Oil Company says it has awarded contracts worth $1.6 billion to China's largest state-owned oil company to conduct what is says it the world's largest continuous 3D offshore and onshore seismic survey

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