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OPEC, Russia head for oil cut extension but wary of overheating market

OPEC and Russia look set to prolong oil supply cuts until the end of 2018 this week while signalling that they may review the...

Iraq boosts southern ports oil export capacity to 4.6 mln bpd -statement

BAGHDAD, Oct 29 (Reuters) - Iraq has announced that it has managed to boost oil export capacity from its southern ports to 4.6 million...

Workers rights get Qatar nod as ILO poised decide on abuse probe

DOHA, Oct 25 (Reuters) - Qatar has signed 36 worker protection agreements with countries that provide much of its labour force, state media reported...

Saudi public fund to double assets by 2020

Riyadh, Oct 25, 2017 (AFP) - Saudi Arabia, smarting from a three-year oil slump, said Wednesday that it aims to nearly double the assets...

Saudi Aramco IPO never been linked to oil market – CEO on TV

DUBAI, Oct 24 (Reuters) - Saudi Aramco's planned intitial public offering has never been linked to developments on oil markets, its chief executive told...

Businesses Flock to Saudi Arabia’s Future Investment Initiative

RIYADH, Saudi Arabia (AP) — Saudi Arabia has opened a major investment conference aimed at shining a spotlight on the country's efforts to diversify...

Iraqi foreign minister to discuss Kurdistan, oil projects in Moscow

MOSCOW, Oct 21 (Reuters) - Russian Foreign Minister Sergei Lavrov and his Iraqi counterpart Ibrahim al-Jaafari will meet in Moscow on Oct. 23 to...

Oil market is increasingly improving, Saudi oil minister says

BAGHDAD (Reuters) - The global oil market is improving and stabilizing, Saudi Oil Minister Khalid al-Falih said in Baghdad on Saturday. In a speech at...

Malaysia Airlines selects new CEO after departure

Kuala Lumpur, Oct 20, 2017 (AFP) - Malaysia Airlines on Friday named veteran senior executive Izham Ismail as its new CEO after his predecessor's...

Iraq's Qayyara oil fields won't return to production before Mosul retaken

Iraq doesn't expect to resume production from the northern Qayyara oil region before the capture of nearby Mosul from Islamic State (ISIS), an oil...

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