Oil

  • National Guard deployed to Kuwait oil facilities

    National Guard deployed to Kuwait oil facilities

    Apr 14, 2016 01:28

    Kuwait has deployed National Guard troops to operate and protect several oil facilities as oil workers announce an open-ended strike, says a report.

  • Iranian, Italian oil associations sign cooperation agreement

    Iranian, Italian oil associations sign cooperation agreement

    Apr 12, 2016 11:42

    Chairman of the Iranian Association of Oil Equipment Manufacturers Reza Khayyamian said his association has signed a cooperation deal with Italian Association of the Oil Industry (ASSITOL).

  • Iran: Saudi cannot ban oil tankers

    Iran: Saudi cannot ban oil tankers

    Apr 10, 2016 13:29

    Iran says Saudi Arabia cannot ban its oil tankers from travelling in international waters – a move that experts believe Riyadh has devised to slow down Iran’s oil exports through a political context.

  • UAE oil minister says output freeze already in place

    UAE oil minister says output freeze already in place

    Mar 07, 2016 13:49

    The United Arab Emirates says it has already put in gear a plan agreed to by a number of major oil producing countries to freeze their output level in order to reduce global market glut.