by Asharq Al-Awsat | Sep 30, 2014 | Business
Algiers, Reuters—Algeria awarded four of 31 oil and gas field blocks on offer to foreign consortiums on Tuesday in its first attempt since a disappointing 2011 bid to draw investors to help offset its stagnant production. Spain’s Repsol in partnership with Royal...
by Asharq Al-Awsat | Jun 2, 2014 | Business
Kuwait, Reuters—Kuwait’s oil minister said his country was looking to sign an agreement with Iran to secure much-needed natural gas supplies. The minister’s comments to the state news agency KUNA late on Sunday came on the sidelines of a visit by...
by Asharq Al-Awsat | Dec 24, 2013 | Business
Doha, Reuters—Qatar wants to help Iran develop its share of the world’s largest gas field so both countries can reap the maximum long-term rewards, sources at state-run Qatar Petroleum (QP) say. The Gulf state has offered its support in response to a request...
by Asharq Al-Awsat | Aug 15, 2013 | Business
London, Reuters—Europe’s top oil company, Royal Dutch Shell, has closed its offices in Egypt for the next few days and restricted business travel there after at least 525 people were killed in a security crackdown. Shell gave no details on how many staff were...