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  • SINGAPORE, Oct 10- A supertanker owned by a subsidiary of COSCO Shipping Tanker, under U.S. sanctions for allegedly transporting Iranian oil, has docked in Singapore to discharge Middle East crude, shipping data on Refinitiv Eikon showed on Thursday. The Coswisdom Lake, a very large crude carrier capable of holding 2 million barrels of oil, docked at Exxon Mobil...

  • *Six COSCO Dalian ships idling off China, Brazil, Qatar. SINGAPORE, Oct 9- About one-third of the oil tankers owned by COSCO Shipping Tanker have shut off their ship-tracking transponders since the United States imposed sanctions on the company for allegedly shipping Iranian crude, shipping data showed. "It is becoming a cat-and-mouse game, with the U.S....

  • The main gate of the Ritz Karlton hotel in Riyadh

    Saudi Arabia will relax its rules to allow unmarried men and women to share hotel rooms, as the country opens up to international tourism in a bid to diversify its economy.

  • MOSCOW, Oct 7- When Saudi Arabian oil installations sustained major attacks last month, Russias energy minister, Alexander Novak, was ready to ramp up production to fill the supply gap. Previously, only Saudi Arabia- and to an extent its neighbours the United Arab Emirates and Kuwait- had such an ability to cushion against oil-supply volatility.

  • *Roger Jenkins, Tom Kalaris, Richard Boath face London jury. LONDON, Oct 4- Three former Barclays executives face a London jury in a high-profile criminal trial over how the British bank secured billions of pounds from Qatari investors and averted a taxpayer-funded bailout during the global financial crises in 2008.. Roger Jenkins, a former chairman of...

  • Oct 4- Facebook Inc has announced it removed hundreds of pages, groups and accounts on its platforms for "coordinated inauthentic behavior" linked to three operations in Indonesia, the United Arab Emirates, Egypt, and Nigeria. The operation in Indonesia involved a network of over 100 fake accounts on Facebook and Instagram posting content in English and...

  • LAUNCESTON, Australia, Oct 3- Liquefied natural gas won't enjoy its customary winter boost in Asia this year, and the seasonal swings in prices may well be a thing of the past as new supply and a steadier China demand profile dampen volatility. Chicago Mercantile Exchange contracts based on the Asian benchmark spot price, the Japan/ Korea Marker compiled by S&P...

  • *Iran's oil minister calls Saudi counterpart a friend. *Iran predicts slight supply surplus next year. NEW YORK, Oct 2- Oil prices fell more than 2% on Wednesday after official data showed a rise in U.S. crude inventories, adding to worries about an oversupplied market as weak economic readings in the United States depressed global financial markets.

  • *Entire real estate sector slides in Dubai. Oct 2- Middle East stocks fell on Wednesday, mirroring a decline in global shares, with Dubai particularly hard hit as property companies declined sharply. In Dubai, the index closed 1.3% lower, extending losses for a second session with all its real estate stocks tumbling.

  • *Ecuador says it will leave OPEC from Jan. 1. SINGAPORE, Oct 2- Oil rebounded from several days of falling prices after industry data showed a surprise drop in U.S. crude inventories and offset weak economic readings in the United States that have depressed global stock markets. Brent crude rose 47 cents, or 0.8%, to $59.36 a barrel by 0657 GMT, claiming back some of the...

  • *Ecuador says it will leave OPEC from Jan. 1. SINGAPORE, Oct 2- Oil rebounded from several days of falling prices after industry data showed a surprise drop in U.S. crude inventories, offsetting weak economic readings in the United States that have depressed global stock markets. Brent crude rose 43 cents, or 0.7%, to $59.32 a barrel by 0437 GMT, claiming back some of the...

  • *Ecuador says it will leave OPEC from Jan. 1. SINGAPORE, Oct 2- Oil rebounded from several days of declining values after industry data showed a surprise drop in U.S. crude inventories, offsetting weak economic readings in the United States that have depressed global stock markets. Brent crude rose 52 cents to $59.41 a barrel by 0138 GMT, claiming back some of the...

  • *Ecuador says it will leave OPEC from Jan. 1. SINGAPORE, Oct 2- Oil rebounded from several days of declining values after industry data showed a surprise drop in U.S. crude inventories, offsetting weak economic readings in the United States that have depressed global stock markets. Front-month WTI prices as buyers emerge ahead of the $60.00 and $54.00 levels...

  • TOKYO, Sept 26- Recent attacks on Saudi Arabia's oil facilities are unlikely to have a major immediate impact on the supply of liquefied natural gas, a senior official at the International Energy Agency said at a press briefing on Thursday. But if the security situation worsens in the Middle East, in particular the Strait of Hormuz, then it may hit LNG supply from...

  • QATAR MINISTER CONDEMNS ATTACKS ON SAUDI OIL FACILITIES, SAYS REGION NEEDS TO COME TOGETHER TO ACHIEVE COMMON SECURITY.

  • DOHA, Sept 12- Qatar's cabinet has passed a new law to combat money laundering and terrorism financing that will bring it in line with recommendations from the international organization that sets global standards, its central bank said. Qatar has been keen to show it is cracking down on terrorism financing, more than two years after coming under embargo by a...

  • ABU DHABI, Sept 10- Australian oil and gas producer Woodside is seeking to reduce its stakes in the Scarborough gas field at home and in Canada's Kitimat liquefied natural gas project to cut its capital exposure, its chief executive told Reuters on Tuesday. The comments by CEO Peter Coleman came after speculation Saudi Aramco could be interested in Scarborough,...

  • WAD RAMLI, Sudan, Sept 10- In Wad Ramli, a village outside the Sudanese capital of Khartoum, Alsamani Fathalrahman and his neighbors traveled in blue speedboats through flooded streets trying to salvage their belongings. "The civilian government is right now an abstract notion," said Magdi El Gizouli, a Sudanese academic based in Germany and fellow of the Rift...

  • QATAR PETROLEUM CEO SAYS IT SENT INVITES TO POTENTIAL PARTNERS IN AUGUST, WILL MAKE DECISION IN Q1 2020.

  • QATAR PETROLEUM CEO SAYS IT WILL BUY AT LEAST ONE U.S.