Nigerians sue Shell in UK court for oil spills contamination
Tens of thousands of Nigerian fishermen and farmers are suing multinational oil giant Shell in two new lawsuits filed Wednesday in a British High...
Coronavirus outbreak could slow the global economy
Shares tumbled in Asia on Thursday as concern over the impact of the virus outbreak in China deepened.
Shares also retreated in India and Southeast...
Crude prices up on Canada fires and Saudi oil minister replacement
Crude prices extended gains in Asia Monday as raging wildfires hit production in Canada, while traders digested news that Saudi Arabia had replaced its...
KSA able to use space technology to prevent Ebola
Canadian born Assistant Professor, Dr. Farhan M. Asrar at the University of Toronto in Canada, has disclosed that Saudi Arabia can use space technology...
OPEC November oil output rises, led by Saudi Arabia and Iraq
OPEC oil output has risen in November from the previous month, a Reuters survey found on Monday, led by a rebound in Iraqi exports...
Israel regulator seeks to ban bitcoin firms from stock exchange
Israel's markets regulator will propose regulation to ban companies based on bitcoin and other digital currencies from trading on the Tel Aviv Stock Exchange,...
Oman to raise taxes and gas prices amid global oil slump
Oman is going to cut government spending and also raise taxes and gasoline prices to cover an anticipated budget shortfall in the coming year.
That's...
Oil exports suspended from Libya oil terminal
Libya's National Oil Corp announced Thursday it had imposed a state of "force majeure" on one of the country's main oil terminals after exports...
Samsung Galaxy S7 may be launched this January
Samsung is reportedly moving up the launch of its next flagship smartphone, the Galaxy S7, to January in order to ramp up competition with Apple...
Saudi Prince Mohammed considering subsidy cuts after oil price slump
Saudi Arabia may reduce energy and water subsidies for wealthy citizens among other reforms to diversify its economy away from oil amid a sustained...
