Energy

New York: Americans have until recently been spared the dramatic hike in natural gas prices seen in other regions of the world. While energy bills have...

Germany agreed an energy partnership with Qatar as Chancellor Olaf Scholz met with Emir Sheikh Tamim bin Hamad al-Thani in Berlin on Friday.Germany is...

Vienna: The Organisation of the Petroleum Exporting Countries (Opec) on Thursday revised its forecasts for this year's global economic growth and oil...

New York: Oil prices rose sharply on Wednesday after the European Union (EU) unveiled a plan to phase out Russian oil, triggering concerns over tight...

New York: Oil prices reversed earlier losses to end higher on Monday as concerns over supply risks gripped the market.The West Texas Intermediate (WTI) for...

Baghdad: Iraq exported about 101 million barrels of crude oil in April, bringing in revenues of 10.55 billion US dollars, the Iraqi oil ministry said...

Moscow: Russian energy giant Gazprom on Wednesday halted gas supplies to Bulgaria and Poland for failing to pay for gas deliveries in rubles. This is...

Muscat: Tethys Oil’s share of the production, before government take, from Blocks 3&4 onshore the Sultanate of Oman, in March 2022 amounted to 317,947...

Tripoli: Libya's National Oil Corporation (NOC) announced Sunday it was forced to shut down an oil field amid a political impasse that threatened to drag...

New York: Oil prices jumped as much as 4%, returning US crude to above $100 per barrel, as more Western sanctions planned for Russia along with news of a...