Oil
Turkey doubled its imports of Russian oil this year, Refinitiv Eikon data showed on Monday, as the two countries are set for broader cooperation in business and especially energy trade in the face of western sanctions against Moscow. Trade between..
The revenues of the oil and gas sector in the State of Qatar increased 67 percent in the first half of 2021, official numbers showed Thursday. Data released from the Ministry of Finance showed that oil and gas revenues increased to QR 117.6 billio..
The Clean Fuels Project (CFP) is one of the most significant and largest projects in the history of the Kuwaiti oil sector since it is widely expected to change Kuwait's status and future, and place it among major exporters of high-quality and ec..
Two top OPEC oil producers, Saudi Arabia and the United Arab Emirates, can barely increase oil production, French President Emmanuel Macron on Monday said he had been told by the UAE's president. Saudi Arabia and the UAE have been perceived as..
Russia has become China's biggest supplier of oil as the country sold discounted crude to Beijing amid sanctions over the Ukraine war. Imports of Russian oil rose by 55% from a year earlier to a record level in May, displacing Saudi Arabia as ..
U.S. President Joe Biden, under pressure over sky-high gasoline prices, on Wednesday demanded oil refining companies explain why they are not putting more fuel on the market as they reap windfall profits. Biden wrote to executives from Marathon Pe..
Faisal risks his life to drive tanker filled with petrol away from fuel station and crowd A Pakistani driver is being hailed as a hero after he saved many lives by driving a burning oil tanker away from a fuel pump in Balochistan province. Moha..
An earthquake of magnitude 5 struck Kuwait, the ministry of information tweeted on Saturday. The ministry said "the Kuwait National Seismic Network recorded an earthquake measuring 5 ... southwest of al-Ahmadi, and it occurred at exactly 04:2..
Saudi Arabia is prepared to raise its oil production if Russia's output falls substantially because of the western sanctions imposed on it, the Financial Times reported on Wednesday, citing sources. Discussions had been held about an immediate..
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