Energy Industry

Aug 9, 2018

Saudi official says Canada dispute won't affect oil sales

Saudi energy minister assures Canada that kingdom's diplomatic dispute with Ottawa won't affect oil sales


Aug 6, 2018

Iran president strikes hard line as some US sanctions resume

Iranian President Hassan Rouhani has struck a hard line in a televised interview as the U.S. re-imposes some sanctions that had been lifted under the 2015 nuclear deal


Aug 5, 2018

Iran receives more airplanes ahead of renewed US sanctions

Iran has acquired five new airplanes a day before the U.S. begins restoring sanctions suspended under the 2015 nuclear deal


Aug 4, 2018

Saudi Arabia resumes oil shipments through Red Sea strait

Saudi Arabia says it will resume oil shipments through the Bab al-Mandeb strait after they were temporarily halted following attacks by Yemen's Shiite rebels


Jul 30, 2018

In Iran, economic worries grow as new US sanctions loom

Fears mount in Iran as currency plunges to record low a week before the restoration of US sanctions


Jul 26, 2018

Oil prices spike after Saudi halts shipments after attack

Oil prices rise to 10-day high after Saudi Aramco temporarily halts crude shipments through key strait after Yemen rebel attack


Jul 25, 2018

Saudi TV: Yemen rebels attack ship causing slight damage

Saudi state-run TV reports that Yemen's Shiite rebels have attacked a Saudi ship off the country's western coast


Jul 24, 2018

Egypt inaugurates several power generation plants, projects

Egypt has inaugurated several power generation projects, including three power plants built by the German conglomerate Siemens


Jul 24, 2018

Egypt hikes natural gas prices by up to 75 percent

Egypt has raised natural gas prices for households and businesses by between 33.3 and 75 percent


Jul 21, 2018

Iran's top leader endorses warning over oil supplies

Iran's top leader has endorsed a warning made earlier by the country's president over Mideast oil supplies