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Tag Archives: Oil

US and France vie to bolster Gulf security after Saudi oil attack

24 November 2019, 6:45 AM

The United States and France are boosting Saudi Arabia’s radar systems following crippling drone and cruise missile attacks on Saudi oil infrastructure in September, which Washington blames on Iran.

Angola hopes key reforms will aid efforts to sell oil assets

18 October 2019, 7:19 AM

Angola is hoping sweeping economic reforms will smooth an ambitious plan to sell key state assets, including stakes in oil company Sonangol, a share of Puma Energy and more than 100 other enterprises.

Five Western countries, Turkey and UAE back Libyan state oil firm

23 September 2019, 7:29 AM

Five Western countries including the United States, as well as Turkey and the United Arab Emirates, support Libyan state oil firm NOC as the sole legitimate authority for the country’s energy sector, a joint statement said on Sunday.

Saudi, Gulf stocks fall after attacks on Aramco oil plants

15 September 2019, 3:20 PM

Saudi stocks fell sharply on Sunday, after attacks on two plants at the heart of the kingdom’s oil industry a day earlier knocked out more than half of Saudi crude output.

Libyan state oil firm cuts back fuel supplies to east amid battle over capital

7 September 2019, 7:58 AM

Libya’s state oil firm has restricted kerosene supplies to areas controlled by eastern commander Khalifa Haftar.

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