Oil prices are currently trading around the $80 a barrel mark on Thursday, after a 4m barrel steep decline in US crude inventories sent prices up 1 percent the previous ...
Oil Company Emirates National Oil Co. on Monday agreed to buy out the shares of Dragon Oil PLC that it doesn't already own for £1.15 billion ($1.89 billion), underscoring the ...
The IEA is set to forecast global supplies of natural gas will rise faster than demand in coming years, the Financial Times newspaper reported on Thursday."Global gas markets have evolved ...
The UAE has remained the third largest money earner memeber country in OPEC despite a massive reduction in its crude oil output in line with an agreement by the 12 ...
