Reuters/Melbourne/London BP has agreed to buy US shale oil and gas assets from global miner BHP Billiton for $10.5bn, expanding the British oil major’s footprint in some of the nation’s most productive…
ExxonMobil second-quarter net income jumps 18% to $4bn
Higher Oil prices drove increased profits for US Oil giant ExxonMobil, but the earnings report yesterday missed analyst expectations due to natural gas outages and refining downtime. Net income jumped 18% in…
Vatican launches live translation app for papal events
Catholics can now listen to Pope Francis’ speeches live in five languages following the launch of a new smartphone app, the Vatican announced on Friday. Vatican Audio translates Francis, who usually addresses…
GLOBAL LNG-Prices rise as heat grips Japan, but more Yamal flows seen
July 27 (Reuters) – Asian spot liquefied natural gas (LNG) prices rose this week as a heatwave gripped Japan and high temperatures swept across South Korea and parts of China boosting cooling…
Donald Trump hoping to call Gulf states to Washington summit
US hopes to defuse simmering dispute between Qatar and other key states in the region Donald Trump’s advisers are hoping to call the leaders of the Gulf states to a summit in…
Mueller Examining Trump’s Tweets in Wide-Ranging Obstruction Inquiry
WASHINGTON — For years, President Trump has used Twitter as his go-to public relations weapon, mounting a barrage of attacks on celebrities and then political rivals even after advisers warned he could…
How a diplomatic crisis among Gulf nations led to a fake news campaign in the United States
By now, the story of how Russia used fake news to push its own agenda in the United States is well known. But it’s not just Kremlin-produced disinformation that Americans may have…
UAE denies report of Houthi drone attack on Abu Dhabi airport
(Reuters) – The United Arab Emirates (UAE) denied reports on Thursday that Yemen’s Iranian-aligned Houthi movement had attacked Abu Dhabi airport with a drone, and said operations were unaffected. Houthi-run media said…
KSA suspends oil shipments through Bab Al Mandab after Houthi terror attack
Houthi terrorists earlier attacked two Saudi giant oil tankers, causing “slight damage” to one oi the vessels The Arab Coalition helping Yemen’s legitimate government said the Houthis almost caused an environmental disaster….
Qatar to maintain its position as world’s largest LNG producer: NBK
With non-oil growth expected to taper as the government’s investment programme reaches an advanced phase, Qatar has turned back to gas/liquefied natural gas (LNG) production as it intends to maintain its position…