oil
Philippines will explore for oil in South China Sea even without a deal with Beijing: Marcos
World
December 4, 2022
Philippines will explore for oil in South China Sea even without a deal with Beijing: Marcos
The Philippines must find a way to explore for oil and gas in the South China Sea even without a…
Europe agrees to cap the price of Russian oil at $60 a barrel
World
December 4, 2022
Europe agrees to cap the price of Russian oil at $60 a barrel
London CNN Business — The European Union has reached a consensus on the price at which to cap Russian oil…
Egypt’s wheat reserves cover 5 months: minister
Egypt
November 14, 2022
Egypt’s wheat reserves cover 5 months: minister
The Egyptian Minister of Supply and Domestic Trade, Ali al-Moselhi, announced that Egypt has a safe strategic reserve of various…
Cartoons and Quranic verses form the latest Saudi-Iran battleground
Middle East
November 5, 2022
Cartoons and Quranic verses form the latest Saudi-Iran battleground
Abu Dhabi CNN — The animated simulation shows a fleet of drones approaching an oil facility belonging to Aramco, Saudi…
India has no moral conflict buying Russian oil, says government minister
World
November 1, 2022
India has no moral conflict buying Russian oil, says government minister
India’s oil minister has said he has “absolutely” no moral conflict about purchasing Russian gas amid Moscow’s brutal war in Ukraine. …
Gulf states use new oil riches to gain regional influence
Middle East
November 1, 2022
Gulf states use new oil riches to gain regional influence
Abu Dhabi CNN — Big Gulf Arab oil states are using the newfound riches they’ve reaped as a result of…
Egypt, UAE and Bahrain comment on Saudi Arabia’s position on OPEC+ decision
Egypt
October 19, 2022
Egypt, UAE and Bahrain comment on Saudi Arabia’s position on OPEC+ decision
Egypt, UAE and Bahrain on Monday expressed their “full support and solidarity” with Saudi Arabia, and their categorical rejection of…
As the US-Saudi oil spat intensifies, what are Biden’s options?
Middle East
October 15, 2022
As the US-Saudi oil spat intensifies, what are Biden’s options?
Abu Dhabi CNN — The Saudi-American relationship appears to have hit rock bottom. After a move by the Saudi-led OPEC+…
Democratic senator says ‘there’s got to be consequences’ for Saudi Arabia after OPEC+ announces oil production cuts
Middle East
October 12, 2022
Democratic senator says ‘there’s got to be consequences’ for Saudi Arabia after OPEC+ announces oil production cuts
CNN – A Democratic member of the Senate Foreign Relations Committee said Sunday that “there’s got to be consequences” after…
Israel and Lebanon reach historic agreement, paving the way to potentially rich gas exploration
Middle East
October 12, 2022
Israel and Lebanon reach historic agreement, paving the way to potentially rich gas exploration
CNN – Israel and Lebanon have reached a historic agreement, leaders on each side said separately on Tuesday, settling a…