US consumer confidence unexpectedly improves in AprilThe Conference Board said its consumer confidence index climbed 0.6 points to 92.8 this month. Data for March was revised higher to show th...
US blockade of Iran will be major military endeavor, experts sayPresident Trump announced a U.S. naval blockade of ships entering or leaving the Strait of Hormuz, targeting vessels paying tolls to Iran. ...
Iran vs US, Israel conflict: Major Saudi refinery, Iraqi Kurdish and Israeli oil, gas fields shut amid Mideast strikesSaudi Arabia's largest oil refinery, Ras Tanura, has shut down following a drone strike. This incident is part of a wider wave of attacks a...
Gulf attacks halt Qatar LNG, Saudi refinery, Israeli energy outputQatar's LNG output accounts for about 20% of global supply and is critical to balancing demand in Asian and European markets. The halt came...
US consumer confidence drops to lowest level since 2014Consumer confidence in the United States plunged in January to its lowest level since 2014, survey data showed Tuesday, as American househo...
US consumer confidence slumps in January to a level last seen in 2014U.S. consumer confidence unexpectedly fell in January to its lowest point since May 2014, dropping to 84.5. This decline was driven by heig...
Operations suspended at Iraq's Khor Mor gas field following drone attackA drone strike has halted operations at the Khor Mor gas field in Iraqi Kurdistan. This attack caused significant power outages across the ...
UAE's Dana Gas raises loan, avoids another restructuringThe company whose main assets are in Egypt and in the Kurdistan Region of Iraq said on Thursday it had obtained a one-year $90 million loan...
'Minimal impact of shale gas on GCC nations for next 20 yrs'Negative impact of shale gas on GCC countries will not be significant for at least 20 years due to high cost of the natural resource.
China would not like India to gain access to Central Asian gasThe great powers of that region, India and China, have conflicting interests over what to do with that natural resource.
- Balochistan: Pakistan summons US envoy; lodges strong protest
Pak Foreign Ministry summoned the acting American envoy and lodged a "strong protest" over the tabling of a resolution in the US Congress.
- Balochistan self-determination resolution tabled in US Congress, Pak angry
Pakistan's top leadership reacted angrily today to a resolution introduced in the US Congress seeking the right to self-determination for B...
- Infosys bags five-yr outsourcing deal from BP
The country's second largest software exporter, Infosys Technologies, today said it has bagged a five-year outsourcing and support agreemen...
- US hopes to wrap up N-deal before time runs out
The United States is hopeful that the governments of the two countries would be able to wrap up the Indo-US civil nuclear deal before the t...
- Abu Dhabi bourse to hold Singapore, Tokyo roadshow
Abu Dhabi's bourse will hold an Asian road show in Singapore and Tokyo this week to attract foreign investment and develop its product offe...
- Dana Gas to supply gas to Iraq Kurds from mid '08
UAE based Dana Gas will begin supplying gas to the Kurdish region from a field in northern Iraq by mid-year, six months later than first pl...
- UAE gas company launches $1 bn Islamic bond
A UAE based gas company has launched an exchangeable Islamic bond worth $1 billion.