The firm has appointed new chief executives for six of its 18 operating units
Crude prices are struggling to rise despite signs of demand growth, says Reuters columnist John Kemp
An earlier plan to agree on measures to stabilise soaring oil production failed during talks in Doha in April
Nuclear-related sanctions had kept Iranian tankers from European waters for five years
Saudi Arabia is expected to sell up to 5 per cent of Aramco via an IPO
Bijan Namdar Zanganeh’s comments were carried by state-run Tasnim News Agency
Iranian Oil Terminals Company managing director Pirouz Mousavi confirmed the move on Friday, according to report
DEWA said there were five bidders interested in the solar park’s third phase
Maersk Oil has been operating the Al Shaheen field since 1992
Dana’s first-quarter revenue was $82m, down from $115m
Reports had suggested that TAQA was mulling the sale of overseas assets
EmiratesLNG LLC planned to use the facility to import 9 million tonnes of gas a year
At stake, fundamentally, is whether the Organisation of the Petroleum Exporting Countries puts its traditional role of fixing supply to prop up prices
Loss-making TAQA has been scaling back investments overseas and cutting costs to cope with the slump in crude oil prices
Oil prices hit 2016 highs on Friday with Brent crude reaching $48.50 a barrel
In its first phase, the storage facility will have a capacity of between 6 million and 10 million barrels of oil
A three-day strike by oil and gas workers ended last Wednesday
Seven stations are operational while two more are under construction
Markets are unlikely to rebalance before 2017, the International Energy Agency said
The country’s acting oil minister had said negotiations were underway to avert the strike
World demand will grow by 1.2 million barrels per day in 2016, 50,000 bpd less than expected
However Iran is believed unlikely to join any freeze
A meeting of oil producers is planned for Sunday in Doha
Workers expect cuts to jobs, salaries and benefits as low oil prices hit government coffers
The state-owned company will import 2.5 million tonnes of liquefied gas
Suhail Al Mazrouei asserted that diversification efforts have helped the country
Oil minister suggests the country would look to return to pre-sanctions levels