LIBYA S NATIONAL OIL CORP
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- President Trump set to add China's SMIC and CNOOC to defense blacklist, says report
The Trump administration is poised to add China’s top chipmaker SMIC and national offshore oil and gas producer CNOOC to a blacklist of all...
- Oil regulator PNGRB simplifies gas pipeline tariff
The Petroleum and Natural Gas Regulatory Board (PNGRB) has notified regulations for a 'unified' tariff structure for over a dozen pipelines...
- China set to eclipse America as world’s biggest oil refiner
The Covid crisis has hastened a seismic shift in the global refining industry as demand for plastics and fuels grows in China and the rest ...
- Oil prices slip as new wave of COVID-19 cases weigh on outlook
Brent crude was down 8 cents to $44.26 a barrel by 1218 GMT. U.S. West Texas Intermediate crude slipped 28 cents to $41.54 a barrel.
- Oil falls on rising Libya output, coronavirus surge
Libyan oil production has risen to 1.2 million barrels per day (bpd), a Libyan oil source told Reuters, up from the 1.0 million bpd reporte...
- Libya's rivals urge Security Council to back ceasefire deal inked in Geneva last month
The agreement also called for ``military deals on training inside Libya'' to be frozen and for foreign trainees to leave the country. It di...
- Behind Arab nations' disproportionate economic pain, there is a reason older than coronavirus
Nobody knows why some world regions are worse-hit than others. However, the situation in the Arab MENA becomes more inexplicable still when...
- Oil drops on rising virus cases, increasing Libyan output
The rising number of cases "not only highlight the risks posed by immediate transport restrictions, but also dampen long-term demand expect...
- State-run oil firms spend only a quarter of Capex target as pandemic delays projects
All state-run oil companies have together spent Rs 24,626 crore in five months through August, 25% of the total capital expenditure of Rs 9...
- Oil falls nearly 3% after Trump tests positive for COVID-19
In a tweet, Trump said that he and First Lady Melania Trump tested positive for COVID-19.
- Oil extends losses as rising virus cases spur demand worries
Brent crude for November delivery dropped 57 cents, or 1.4%, to $40.46 per barrel by 1005 GMT. West Texas Intermediate fell 14 cents, or 0....
- Oil falls on fuel demand growth concerns as coronavirus lingers
Both benchmarks climbed slightly on Wednesday after government data showed U.S. crude and fuel stockpiles dropped last week. Gasoline inven...
- Oil rises on expectations demand can survive new lockdowns
U.S. West Texas Intermediate (WTI) crude for October, due to expire on Tuesday, rose 58 cents, or 1.5%, to $39.89. The more active November...
- PM Narendra Modi to dedicate to nation 3 petroleum projects in Bihar
The 193-km long Durgapur-Banka pipeline section, built by state-owned Indian Oil Corp (IOC), is a part of the Paradip-Haldia-Durgapur Pipel...
- Indian Oil Corp's VLCC catches fire off Colombo, according to sources
The full loaded vessel was heading to Paradip in eastern India from Mina Al Ahmandi in Kuwait, Refinitiv's ship tracking data shows.
- Indian state refiners halt oil imports from Chinese cos: Sources
Last week, Indian state refiners decided to stop sending crude import tenders to Chinese trading firm like CNOOC Ltd , Unipec and PetroChin...
- Oil rises as Int'l Energy Agency boosts demand forecast
Brent crude settled up 89 cents, or 2%, at $43.24 a barrel and US oil settled up 93 cents, or 2.4%, at $40.55 a barrel.
- Oil steadies on resurgence of virus cases
Brent crude was up by 1 cent, or 0.02%, at $42.36 a barrel by 1338 GMT, and U.S. oil was up 4 cents, or 0.1%, to $39.66 a barrel.
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