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Sabic eyes US shale gas for petchem unit
Saudi Basic Industries Corporation (Sabic) is targeting North America for the shale gas needed to fuel growth at one of the...
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Analysts grow more bullish
Analysts are growing increasingly confident that a near-two-year rout in oil has ended, and raised their price forecasts for a second month running, as healthier demand...
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Oil bottoming ‘depends on global growth’
International Energy Agency (IEA) chief Fatih Birol said that oil prices may have bottomed out, providing that the health of...
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Dana Gas Q1 net halves
Abu Dhabi-listed energy firm Dana Gas reported a 50 per cent drop in first-quarter profit that it blamed on lower hydrocarbon prices and reduced output in Egypt and...