Energy Industry

May 11, 2017

UN envoy: Cyprus peace talks at risk from possible 'crisis'

A United Nations envoy says an "international crisis" revolving around Cyprus could ruin the "tremendous progress" that has been achieved talks aimed at reunifying the ethnically divided island


May 11, 2017

Iraq, Algeria support extension of oil production cuts

Iraq and Algeria say they support the extension of oil production cuts by OPEC and non-OPEC members through the end of the year to try to boost prices


May 9, 2017

Iranian state TV: Death toll in mine explosion rises to 42

Iranian state TV: 7 more bodies found at the site of last week's coal mine explosion, bringing death toll to 42


May 8, 2017

Cyprus: Turkey's gas search 'threats' could sink peace talks

The spokesman for Cyprus' government says Turkey's "threats" to prevent oil and gas exploration off the ethnically divided island could be designed to scuttle ongoing reunification talks


Apr 20, 2017

Saudi oil minister says production cuts may need to continue

Saudi Arabia's oil minister is suggesting that production cuts agreed to by OPEC and non-OPEC members may need to continue


Apr 5, 2017

ExxonMobil, Qatar Petroleum sign drilling deal with Cyprus

ExxonMobil and partner Qatar Petroleum have signed a deal with Cyprus to carry out exploratory drilling off the east Mediterranean island's southern coast


Apr 3, 2017

AP Interview: Trump's pro-business stance buoys Saudi effort

The Saudi prince tasked with attracting foreign investment says U.S. President Donald Trump's pro-business administration can be a good thing for the kingdom


Apr 2, 2017

Minister: Iraq to boost crude oil production by year's end

Iraq's oil minister says the country plans to increase daily crude oil production to 5 million barrels by the end of this year, up from the current rate of about 4.4 million barrels per day


Mar 28, 2017

Qatar to invest 5 billion pounds in Britain over 3-5 years

Energy-rich Qatar says it plans to invest 5 billion pounds in British economy within next half decade


Mar 26, 2017

Qatar Foundation looks at job cuts amid low oil, gas prices

The Qatar Foundation says it is looking at possible job cuts, the latest Qatari organization to acknowledge being hurt amid low global oil and gas prices