Two Russian tankers damaged, cause oil spill in Black Sea Two Russian oil tankers were severely damaged, and one person... Businessmen Team 16 Dec 2024 The first tanker, Volgoneft-212, was carrying fuel oil and 13 crew members when it ran aground, sev...
Canada considering export taxes on uranium, oil to the U.S. Canada is considering imposing export taxes on key goods it... Businessmen Team 15 Dec 2024 Officials familiar with the discussions within Prime Minister Justin Trudeau's government said expo...
OPEC renews Haitham Al-Ghais as Secretary-General OPEC has renewed the mandate of its Secretary-General, Haitham Al-Ghais,... Businessmen Team 11 Dec 2024 Al-Ghais, a veteran of Kuwait's oil sector with over 30 years of industry experience, previously se...
Saudi Arabia to boost oil production by 1 million bpd by 2026, says Bloomberg Saudi Arabia plans to add 1 million barrels per day... Businessmen Team 10 Dec 2024 The country's oil production will increase from around 8.9 million barrels per day in January 2025...
Saudi Arabia deepens oil price cuts for Asian buyers Saudi Arabia has significantly reduced its oil prices for Asian... Businessmen Team 09 Dec 2024 Saudi Aramco, the state-owned oil giant, announced that its flagship Arab Light crude will trade at...
ADNOC Gas aims to boost processing capacity ADNOC Gas, a subsidiary of the Abu Dhabi National Oil... Businessmen Team 04 Dec 2024 In a statement released on the Abu Dhabi Securities Exchange on Wednesday, the company revealed tha...
UAE reduces fuel prices for December 2024 The committee overseeing gasoline and diesel prices in the United... Businessmen Team 01 Dec 2024 The new fuel prices in the UAE are effective as of Sunday, December 1st, until the end of the month...
OPEC+ postpones oil output meeting The OPEC+ alliance has postponed its online meeting on oil... Businessmen Team 28 Nov 2024 The alliance will convene to discuss plans for gradually restoring suspended oil supplies. While an...
KSA, Russia, Iraq emphasize need for stable oil markets Saudi Arabia, Russia, and Iraq, three key OPEC+ nations, convened... Businessmen Team 27 Nov 2024 Iraqi Prime Minister Mohammed Shia' al-Sudani hosted Russian Deputy Prime Minister Alexander Novak...
OPEC+ to hold virtual meeting this week The OPEC+ alliance, led by Saudi Arabia and Russia, is... Businessmen Team 26 Nov 2024 While no official reason has been given for the shift to a virtual format, the decision was anticip...
Saudi oil export revenues decline for fourth consecutive month Saudi Arabia's oil export revenues fell for the fourth consecutive... Businessmen Team 24 Nov 2024 Official data indicates a 24.5% year-over-year decrease in Saudi Arabia's oil revenues in September...
Bloomberg exposes secret Iranian oil shipping network to China A clandestine fleet of aging vessels has emerged as a... Businessmen Team 23 Nov 2024 A five-year analysis of satellite imagery by Bloomberg News reveals the staggering scale of these o...
