Saudi Arabian stocks jumped the most in six weeks, leading a rally across Arab equity markets, after the country’s king pledged to restore stability in Yemen.
Genel Energy has priced an issue of $230 million in senior unsecured bonds due 14 May 2019 on the same commercial terms as the existing GENEL01 PRO $500 million bond
China National Offshore Oil Corp (Cnooc) has decided to shelve its shale gas project in Anhui province in the latest sign that the shale gas revolution that transformed the US energy industry is unlikely to replicate itself in China.
The Emirates Nuclear Energy Corporation (Enec) has filed the Operating License Application (OLA) for Barakah Units 1 & 2 with the UAE’s Federal Authority for Nuclear Regulation (FANR).
Minister of Economic Affairs and Finance Ali Tayyeb-Nia has emphasized that serious plans have been devised to cushion the economy against what is internationally known as “the Dutch Disease”.
Blackstone Group LP’s Chairman Stephen Schwarzman is seeing “remarkable” opportunities in debt and equity that are emerging out of the slump in crude oil.
The U.S. Justice Department said on Wednesday that a subsidiary of Schlumberger Oilfield Holdings had pleaded guilty to violating U.S. sanctions related to Iran and Sudan and would pay a $237.2 million fine.
Ukraine's president fired powerful tycoon Ihor Kolomoisky as a regional governor on Wednesday in a risky move that could affect the internal balance of power and Kiev's fight against Moscow-backed separatists.
The 19th Arab Oil and Gas Show (OGS) will focus on promoting innovative solutions and technologies at this year’s event, according to Saeed Mohammed Al Tayer, managing director and CEO of Dewa, president and founder of Wetex.