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$1 trillion energy projects at risk
The steep fall in energy prices will hit investment in oil and gas projects worldwide and the industry may cancel about $1...
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Khurais expansion decision in June
Saudi Aramco is expected to make a decision in June whether to go ahead with the $3- billion Khurais oilfield expansion project...
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Bahrain refinery expansion to cost $5bn
An expansion of Bahrain’s Sitra crude oil refinery is expected to cost around $5 billion and the facility is likely to be...
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Russia, Opec to discuss shale oil
Russia has said that it would meet Opec in June to discuss the impact of shale oil on global markets, just days before the producers’ group decides whether its policy of...
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In Brief
Iraq builds up arrears to oil majorsLONDON: Iraq is building up debts to the oil companies developing its giant fields, industry sources said, a further sign of how the...