Oil prices wobble as traders await OPEC
World oil prices diverged Tuesday but held below the key level of $50 per barrel, as traders eyed this week's crucial OPEC oil meeting...
Skype founder gives thumbs-up to European IT sector
Skype co-founder Niklas Zennstrom on Wednesday praised European information technology, saying 2015 had been an "amazing year" for the sector.
"This is the most exciting...
Liquidity crisis, jobs at risk at Middle East airlines
The International Air Transport Association (IATA) said on Thursday that Middle East airlines are facing a liquidity crisis and hundreds of thousands of jobs...
Boeing and Iran airlines in talks on new aircraft sales
U.S. aerospace giant Boeing expressed caution Monday after executives held talks in Iran on providing new aircraft to Iranian carriers last week.
Two months after...
A $70 oil floor? Fat chance, but OPEC price plan may be first step
The safe money for oil traders is betting that Venezuela's plan to resurrect OPEC's old price band mechanism, attempting to set a $70 floor...
Turkmenistan and Afghanistan to lay new gas pipeline
Turkmenistan and Afghanistan have agreed to jointly launch the construction of a multi-billion dollar pipeline that will pump natural gas from Turkmenistan through Afghanistan,...
Nigeria's Barkindo emerges as frontrunner for OPEC boss
A Nigerian oil technocrat has emerged as frontrunner to take the top job at OPEC, with members seeing Mohammed Barkindo as what would be...
Israel soon to open Abu Dhabi office for renewable energy
Israel's Foreign Ministry says the country will soon open an office at a renewable energy agency in Abu Dhabi, the United Arab Emirates' capital...
Al Qaeda still reaping oil profits in Yemen despite battlefield reverses
Al Qaeda may have been pushed out of the enclave it carved out in Yemen as the country descended into civil war, but the...
Pro-Brexit Boris Johnson says nothing will change in short term
Ex-London mayor Boris Johnson, a leading campaigner for Britain to leave the EU and the bookmakers' favourite to replace David Cameron as Prime Minister,...
