Tag: Oil

Oil prices rise as US cold snap boosts demand

Brent North crude gained also 37 cents to stand at $107.10 in…

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Libya budget crisis looms as oil strikes wipe out finances

Oil exports, which account for practically all the government's annual revenue of…

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Egypt Auctions 22 Oil, Gas Exploration Concessions

Exploration companies have been hesitant to develop untapped gas finds in Egyptian…

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Syria inks oil, gas exploration deal with Russian firm

The agreement was signed by Syrian Oil Minister Suleiman Abbas, Syria's General…

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Oil prices rise amid South Sudan violence

Brent North Sea crude for February gained 26 cents to $111.82 a…

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Egypt says to complete $1.5bn payment to oil firms this week

Approval of the $1.5 billion payment was announced by the government on…

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Egypt to pay $1bn to foreign oil firms Monday: Central Bank

Egypt pledged last week to pay $300 million of the money it…

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Egypt approves oil and gas exploration agreements

The deals are with firms including BP, Dana Gas Emirati, Petroceltic International,…

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Big Oil sets out lobbying on Iran as US Congress stands firm

It is an unusual tack for an industry known for its strong…

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Unrest grips south Yemen after tribal chief death

Schools and public offices were closed and shops shuttered in the south…

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