Billions wiped off energy shares as investors rush for exit

Billions wiped off energy shares as investors rush for exit

Fund managers describe the last 24 hours of trading as 'capitulation' after losses of $33bn

Pakistan talking to Qatar about LNG imports in 2015

Pakistan talking to Qatar about LNG imports in 2015

Energy-starved Pakistan is negotiating with Qatar to begin imports of LNG early next year, says minister

GCC petrochemical revenues rise by 7%, driven by Saudi Arabia

GCC petrochemical revenues rise by 7%, driven by Saudi Arabia

Industry chief warns that regional producers must not be complacent despite seeing $6bn revenues rise

Saudi Arabia wins case for no OPEC output cut

Saudi Arabia wins case for no OPEC output cut

Gulf oil producers led by Saudi Arabia override calls from poorer OPEC member for action to halt oil price slide

UAE's Dana Gas in talks with Egypt over revising gas prices

UAE's Dana Gas in talks with Egypt over revising gas prices

Discussions come as Egyptian authorities have been negotiating with a number of international energy firms

UAE minister says no need to panic after oil price slump

UAE minister says no need to panic after oil price slump

Oil minister Mohammed al-Mazroui agrees with Saudi Arabia that the market will 'fix itself ultimately'

New delays said to hit Saudi Aramco's Jizan refinery

New delays said to hit Saudi Aramco's Jizan refinery

Industry sources say contract disagreement with South Korean builders is delaying refinery construction

Saudi's al-Naimi sees oil market 'stabilising itself'

Saudi's al-Naimi sees oil market 'stabilising itself'

Oil minister signals he is unlikely to push for major output change as oil price falls to below $79 per barrel

Russian oil tsar to meet OPEC as Saudis keep market guessing

Russian oil tsar to meet OPEC as Saudis keep market guessing

Igor Sechin in Vienna for talks as market awaits response of Saudi Arabia to flagging oil prices

Saudi's Naimi says 'as happy as can be,' brushing off oil price concerns

Saudi's Naimi says 'as happy as can be,' brushing off oil price concerns

Saudi oil minister offered no insight on what the world's biggest oil exporter planned to say to its fellow OPEC members


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