LONDON: Fuel demand in Texas is growing strongly as lower oil prices encourage motorists to use their vehicles more and buy larger replacements.
JOHANNESBURG: Royal Dutch Shell is pulling back from its shale projects in South Africa due to lower energy prices and delays in obtaining an exploration license for the onshore Karoo Basin, it said o
DOHA: The chief of Qatar Airways on Monday denied his company receives subsidies and accused rivals Delta Air Lines of flying "crap" older planes, escalating hostilities between Gulf and American carr
DUBAI: Dubai Investments, a diversified Gulf-based investment group, plans to float shares in at least one subsidiary next year and could also divest other holdings, its chief executive said on Monday
Oil prices may remain volatile for some time to come but will ultimately average above $60 for Brent.
The Big 5 Saudi — international building and construction show — celebrated its 5th anniversary with its “most successful event to date.” Last week, the event welcomed a number of visitors, exhibitors
Doha: Qatar will stick to its $200-billion (190 billion-euro) infrastructure spending splurge, the energy-rich Gulf state's premier vowed on Sunday, despite the fall in global oil prices.
Investors were the second biggest buyers in Dubai real-estate sector among GCC countries in 2014, according to a Dubai Land Department (DLD) report, with a total value of AED22.7 billion.
SEOUL: South Korea's imports of Iranian crude oil dropped 50 percent in February from a year earlier,
Beijing: The Chinese government has more weapons in its arsenal to boost its flagging economy, the world's second-largest, Premier Li Keqiang said Sunday at his once-a-year press conference.
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