John Benny

Oil consumption in the world's second-largest economy declined for a fourth consecutive month in July

Urja Bharat granted production rights for onshore Block 1 in Al Ruwais

Abu Dhabi company completes drilling campaign in the South Andaman area

Opec lowers demand growth forecast for 2024 and 2025 for second consecutive month

The revision in numbers mainly reflects the latest data, the producers' group says

Investors to keep a close eye on the US Consumer Price Index data due on Wednesday

Agreement reached during visit by Sheikh Khaled bin Mohamed to New Delhi

Subscription period will begin this month, pending approval from Oman's Financial Services Authority

Almost 200 countries pledged to triple global renewable energy capacity by 2030 at the Cop28 climate conference

About one million tonnes of ammonia produced will be shipped to either European or North-east Asian markets, Adnoc executive says

Demand fears and Libyan output resumption are likely to send crude prices lower

Ports operator is boosting its logistics business globally

The new facilities will make the country 'the world’s largest' urea producer and boost total exports

Oil Minister Hayan Abdel Ghani is reportedly set to visit the US soon

Austria's OMV says it can replace crude Libya with other grades in the event of supply disruption