Output cuts by OPEC and other producers such as Russia and Oman have started to pay off.
Read More »France`s Total to Invest $2bn in Qatar`s Al-Shaheen Oilfield after Stake Award
State-owned Qatar Petroleum (QP) will keep the remaining 70 percent in the new joint venture for the Al-Shaheen field.
Read More »UAE`s Dana Gas Reaches Deal Over Delayed Kurdish Natural Gas Project
Kurdistan Regional Government says it will immediately pay $600m to Dana and its partners in the Pearl Petroleum consortium.
Read More »UAE Pledges to Cut Oil Output by 10%
Decision by ADNOC is attempt to meet the country'.s latest OPEC commitments.
Read More »Japan Won`t Invest in Saudi Aramco IPO
Shinzo Abe backs away from huge listing. but adviser flags '.cooperation in new industries'..
Read More »