Power & Energy

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    Major oil producers to consider cuts

    Agence France-Presse . Dubai | Updated at 12:00am on November 12, 2018

    Major oil producers meet in Abu Dhabi on Sunday to consider reverting to output cuts after a sharp slide in crude prices revived fears of...

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    Angola and Total launch new $16b offshore oil platform

    Agence France-Presse . Angola | Updated at 12:00am on November 11, 2018

    Angola and French oil giant Total formally launched a major new offshore oil project Saturday to aid the country’s economy that plunged into crisis following...

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    Govt eyes to install 72.81 lakh smart prepaid metres

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:00am on November 11, 2018

    The government has set a target of installing 72.81 lakh smart prepaid metres across the country under the Seventh Five Year Plan period through various...

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    US Poland LNG deal way for Europe to ease reliance on Russia: Perry

    Agence France-Presse . Warsaw | Updated at 01:09am on November 10, 2018

    Washington’s energy secretary on Thursday hailed a 24-year deal to deliver US liquefied natural gas (LNG) to Poland as signal for Europe on ensuring energy...

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    Iran tankers go dark to keep selling oil

    Agence France-Presse . Tehran | Updated at 12:00am on November 04, 2018

    Working from their small offices in Stockholm, analysts at a new watchdog that monitors global oil shipments have been run ragged by Iran’s efforts to...

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    US allows eight importers to keep buying Iran oil for now

    Reuters . Washington | Updated at 12:00am on November 04, 2018

    The United States said on Friday it will temporarily allow eight importers to keep buying Iranian oil when it re-imposes sanctions on Monday to try...

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    Oil steadies before US sanctions on Iran

    Reuters . London | Updated at 12:00am on November 03, 2018

    Oil prices steadied on Friday after a week of heavy falls as markets braced for the imposition next week of US sanctions on Iran, which...

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    Oil refiners face rollercoaster ride as fuel margins seesaw

    Reuters . Singapore | Updated at 12:00am on November 01, 2018

    Oil product margins have been tossed around on a wild rollercoaster ride in October, as factors like impending Iran sanctions, the Sino-American trade war and...

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    Trump’s Iran sanctions resolve faces test from oil-thirsty China, India

    Reuters . Washington/Singapore | Updated at 12:00am on October 30, 2018

    Shortly after US president Donald Trump announced in May he would reimpose sanctions on Iran, the state department began telling countries around the world the...

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    Import payments for fuel oils jump 105pc in Jul-Aug

    Staff Correspondent | Updated at 12:00am on October 26, 2018

    The country’s import payments for fuel oils soared by 105.07 per cent in the first two months (July-August) of the current financial year (2018-19) compared...

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