UK-based energy giant and state-owned Oman Oil signed a deal on Sunday to develop a second phase of the Khazzan natural gas field. The estimated cost of developing the entire project is around $16...
Read moreBP outlook: gas will be the fastest growing fossil fuel UK-based oil and gas giant BP expects fossil fuels to remain the dominant form of energy over the period to 2035, according to the 2016 edition...
Read moreIn its last report as an independent company, BG Group said it was one of the few companies in the struggling sector to report a full-year profit. The company issued its last report ahead of a $7...
Read moreRoyal Dutch Shell has assured investors its US$70 billion acquisition of BG Group is profitable even if the US$50 per barrel oil price persists for further two years. Prior to the January 27 meeting...
Read moreThe price of crude sold by OPEC members slid below $30 a barrel, the lowest level in almost 12 years, as turmoil in Chinese markets deepened the global commodities rout. according to data compiled by...
Read moreAnalysts have greeted the first few business days of the New Year with a variety of prognostications for 2016. Modeling a potential jump to $70 oil by the end of 2016, increased cuts in capital...
Read moreAt almost any other time, an escalating diplomatic conflict between OPEC members Iran and Saudi Arabia would mean a spike in oil prices. That the rally this time couldn’t be sustained shows just...
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