Iran to Sign Gas Production Deal With France’s Total Iran will sign a deal with France’s Total on Tuesday for the development of gas production at...
Ten Oil Majors Invest $1bn in Low-emission Technologies Ten global oil and gas companies on Friday announced they will invest £1 billion in low-carbon-emission technologies to...
Oil Prices Slide as Iraq Joins Others in Seeking an Exemption From OPEC Deal The prospect of a crude oil production cut from OPEC — tentatively...
Oil Prices Slump 1% as OPEC’s Output Hits Eight-month High Oil prices fell about one per cent wednesday after the Organisation of Petroleum Exporting Countries (OPEC)...
Russians and Saudis Pledge Joint Effort to Limit Oil Production Saudi Arabia and Russia, the world’s two largest crude oil producers, said they’re ready to cooperate...
Putin Pushes Oil Prices to $53 One-year High Oil prices hit one-year high yesterday, as Russian President Vladimir Putin said his country would join the Organisation...
Oil Price Hits $50, Nigeria’s Exports to Rise Global oil benchmark, Brent crude, extended its rally on Sunday to hit the $50 per barrel mark, the...
Despite the decision of the Organisation of Petroleum Exporting Countries (OPEC) to cut output by 200,000-700,000 barrels per day to achieve price recovery, oil prices fell...
Barely 24 hours after OPEC members reached consensus, Iranian Oil Minister Bijan Zanganeh has debunked the agreement saying the figures used by OPEC are too low compared...
Some of the world’s biggest oil producers have agreed to cut production for the first time in eight years, sending crude prices higher by more than...