May 20, 2013
The alleged wrongdoing concerning price fixing in the oil industry primarily concerns traders making money off other traders. Read Article Oil trading all about profit with no easy fix for the system
May 20, 2013
Economic growth, urban migration, small reserves: the gap between oil production and consumption in China is set to increase for decades to come. Read Article Economic growth feeds China's insatiable appetite for foreign oil
May 19, 2013
Saudi crude exports fell to 7.42 million barrels per day (bpd) in March, 34,000 bpd less than in February, as Saudi power sector oil use rose and output edged lower. Read Article Saudi oil exports fell in March as power use rose
May 19, 2013
Fujairah hotels are experiencing an uptick in meetings business boosted by the developing petrochemicals sector. Read Article Petrochemicals sector given lively reception at hotels in Fujairah
May 17, 2013
The International Finance Corporation could add to Masdar's financial firepower. Read Article World Bank's IFC agrees to support Masdar projects
May 17, 2013
Lebanon's energy minister has produced an illustrated booklet that explains how we will spend the vast riches that our natural oil and gas reserves will apparently spew into the nation's coffers. Read Article All over Lebanon, the restaurants' lights are going out
May 16, 2013
Concerns that companies may have colluded in reporting distorted prices to a price reporting agency to manipulate published prices. Read Article Single agency identified in oil price fix investigation
May 15, 2013
Abu Dhabi pushes further downstream with a plant to make a specialised material for oil refining. Read Article $200m Kizad plant catalyst for growth
May 15, 2013
Dana Gas, the oil and natural gas producer forced to restructure debt last year, boosted first-quarter profit 17 per cent as gains from an asset sale outweighed a decline in revenue. Read Article Dana Gas first-quarter profit rises after MOL stake sale
May 15, 2013
Use of crude in developing economies will outstrip oil consumption in member countries of the Organisation for Economic Cooperation and Development for the first time this quarter. Read Article Shale boom challenge to Opec power balance
