by Asharq Al-Awsat | Jun 2, 2014 | World
Moscow, Bloomberg—Russia gave Ukraine an extra week to pay in advance for gas supplies or risk a cutoff, as the Ukrainian government said its forces killed five pro-Russian rebels in an upsurge in fighting in the eastern city of Luhansk. Russian gas export monopoly...
by Asharq Al-Awsat | Dec 1, 2013 | Business
London, Asharq Al-Awsat—Iranian President Hassan Rouhani vowed on Saturday to speed up development of the giant South Pars gas field off the coast of southern Iran, amid expectations of the easing of sanctions following November’s interim agreement on Iran’s...
by Asharq Al-Awsat | Nov 11, 2013 | Business
Moscow/Kiev, Reuters—Ukraine halted Russian gas imports last Friday in a dispute over pricing, sources in Russia’s gas industry and state export monopoly Gazprom told Reuters on Monday, but the flow to Europe via Ukraine is so far unaffected. The gas imports to...
by Asharq Al-Awsat | Nov 10, 2013 | Business
Aby Dhabi, Reuters—Subsidized petrol and electricity programs are causing a huge waste of energy across the Gulf and threatening economies, Oman’s oil and gas minister said on Sunday, in a rare official warning over surging demand in the region. Energy prices...
by Asharq Al-Awsat | Sep 27, 2013 | Business
London, Reuters—An offshore gas find in the Nile Delta is strong new evidence that Egypt has the resources to end power cuts and get export income flowing again. Its challenge is to persuade wary international oil companies to develop them. In the deepest well ever...
