Qatar Petroleum signed preliminary deals worth more than $2.47 billion on Monday with oil services firms Schlumberger and Baker Hughes to boost the local energy industry.
Qatar, the world’s top liquefied natural gas exporter which is facing a trade boycott by some Arab states, wants to reduce...
The stage has been set for a European natural gas price war that will help boost demand and enable both Russia and the US to increase sales to the region.
The battle will not brutalize earnings too much because gas supply is just so profitable in Europe, where prices are more than double the...
Oil prices on Monday hit their highest levels since November last year, lifted by OPEC-led supply cuts, US sanctions on Iran and Venezuela, and hopes that the Sino-US trade dispute may soon end.
International Brent crude futures were at $66.66 per barrel, up 41 cents, or 0.6 %, from their last...