Articles
US crude prices reach $43 as inventory falls
WTI gained 5.8% last month, while Brent rose 4.6%
Iraq looks to ramp up development of chemicals complex
Baghdad has prioritised raising production capacity and increasing its oil exports following the defeat of ISIS
UK carbon emissions decline by a third during lockdown
The plunge coincides with the share of renewables increasing by 32 per cent in the second quarter
Brent at five-month high as supply continues to tighten
Crude benchmarks rallied as hurricane disrupts US supplies and Opec holds reins on output
Saudi Aramco discovers two new oil and gas fields
The new deposits in the north of the country have significant deposits of gas and associated condensate
Bahrain cancels air show amid pandemic
The next edition of the aviation event will now take place in 2022
Libyan crude output unlikely to flood markets, analysts say
North African country produced 1.2 million bpd in 2018 and 2019 but is not expected to repeat that feat in the near future
Lack of female board chiefs still a stumbling block for diversity
Sheikha Lubna Al Qasimi singled out the exclusive nature of 'men’s clubs' in limiting women’s access to broader opportunities
Oil rises to five-month high as tropical storms shut Gulf Coast output
US inventories also continued to decline, adding to further tightening of supply
Emarat signs agreement with Aquacool for LPG supply
The deal allows Emarat to supply LPG to Aquacool's residential, commercial and industrial portfolio
US oil exploration firms to struggle in a low-price environment
The number of highly leveraged companies in the American oil market 'will shrink amid waning support' from banks and investors, Moody's says
Turkey's gas find comes at a time when economy faces pressure
Ankara could transform into a net exporter of gas by 2023 if it is able to navigate energy relations with its neighbours
Saudi Aramco sets up corporate development body
In July, the oil giant said it would reorganise the downstream segment of its energy arm into four commercial business units
US elections and return of Libyan oil to weigh on markets, analysts say
Oil supply from the North African country has been off the market for most of this year but is now set for a return
Saudi Arabia's renewables sector could generate up to 750,000 jobs by 2030, report says
Renewables projects could provide 7% of the kingdom's total electricity output by 2030, US-Saudi Arabian Business Council says
