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  • *Saudi, UAE lobby Washington to contain Tehran. Saudi and the United Arab Emirates, which have lobbied Washington to contain their foe Iran, have said they want to avoid war after drone strikes on oil pumping stations in the kingdom and the sabotage of oil tankers off the UAE coast. Riyadh accused Tehran of ordering the drone strikes, which were claimed by Yemen's...

  • National Security Adviser John Bolton said on Wednesday that naval mines "almost certainly from Iran" were used to attack oil tankers off the United Arab Emirates this month, and warned Tehran against conducting new operations. Bolton said the "prudent and responsible" approach taken by the United States, which has beefed up its military presence in the region,...

  • DOHA, May 29- Qatar's prime minister will attend an Arab summit in Saudi Arabia to discuss regional security, the Foreign Ministry said on Wednesday, the highest level Qatari official to visit the kingdom during a diplomatic rift. Saudi Arabia, the United Arab Emirates, Bahrain and Egypt imposed an economic and diplomatic boycott on Qatar in June 2017 over...

  • QATAR PM TO ATTEND GULF SUMMIT IN SAUDI ARABIA- AL JAZEERA ENGLISH ON TWITTER.

  • DOHA, May 29- Qatar denied on Wednesday it had been restricting imports of goods from the United Arab Emirates, a day after the World Trade Organisation agreed to investigate a UAE complaint. The UAE, Saudi Arabia, Bahrain, and Egypt have imposed a diplomatic, trade and transport boycott of Qatar since June 2017 over allegations Doha supports terrorism, a charge...

  • BRISBANE, May 28- It's taken a while but Australia's liquefied natural gas industry is putting on the gloves and stepping into the ring against the activists who want to condemn it and all fossil fuels to history's dustbin. Australia's LNG industry is now the largest in the world by capacity, having overtaken Qatar as the last of eight new projects prepares to...

  • GENEVA, May 27- The United States will find it "very difficult" to defend President's Donald Trump's proposed car tariff against any challenge at the World Trade Organization, a veteran trade adjudicator who has ruled on a related case told Reuters. But it has arisen in disputes between Russia and Ukraine and between Qatar and several of its neighbours, as well as...

  • GENEVA, May 27- The United States will find it "very difficult" to defend President's Donald Trump's proposed car tariff against any challenge at the World Trade Organization, a veteran trade adjudicator who has ruled on a related case told Reuters. But it has arisen in disputes between Russia and Ukraine and between Qatar and several of its neighbors, as well as in...

  • FRANKFURT, May 27- Italian-American carmaker Fiat Chrysler on Monday proposed a merger of equals with France's Renault in a deal that could create the world's third-biggest carmaker and trigger a fresh round of industry consolidation. February 2018- Geely's chairman Li Shufu revealed he had bought a 9.69% stake in Mercedes-Benz parent Daimler, worth around...

  • DOHA, May 23- Qatar's stock exchange is developing two new Exchange Traded Funds, part of efforts by the Middle East's strongest performing stock market in 2018 to boost foreign investment, CEO Rashid al-Mansoori said. Qatar has been on a drive to attract capital from new sources since Saudi Arabia, the United Emirates, Bahrain, and Egypt imposed an economic...

  • *Saudi Arabia pledges to keep oil markets balanced, sustainable. SINGAPORE, May 22- Oil prices fell on Wednesday after industry data showed an increase in U.S. crude inventories and as Saudi Arabia pledged to keep markets balanced. However, analysts said oil markets remained tight amid supply cuts led by producer group OPEC and as political tension escalates in...

  • LONDON, May 20- Germany's Uniper started on Monday to test the interest of gas companies in using its proposed liquefied natural gas terminal in Germany and said it was also seeking a partner in the company operating the terminal. President Donald Trump bristled at Germany's Russian pipeline gas imports and following a visit from energy officials from Qatar,...

  • *Lebanon to muddle through May debt maturity. LONDON, May 20- Lebanon's impasse in agreeing a credible fiscal reform plan and deteriorating global market conditions means it may struggle to refinance key foreign currency debts coming due this year, unnerving overseas investors. Lebanon's cabinet talks will convene again on Monday after about a dozen...

  • *Lebanon to muddle through May debt maturity. LONDON, May 17- Lebanon's impasse in agreeing a credible fiscal reform plan and deteriorating global market conditions means it may struggle to refinance key foreign currency debts coming due this year, unnerving overseas investors. Prime Minister Saad al-Hariri has said this may be the most austere budget in...

  • *UAE gives measured response to tanker attacks. DUBAI, May 17- The United Arab Emirates, though a prominent foe of Iran in the Middle East's power struggles, has tempered its reaction to attacks on oil tankers off its coast in an effort to protect its reputation as a safe and stable business hub. While its close ally Saudi Arabia unleashed a barrage of tweets accusing...

  • LONDON, May 16- Britain has raised the threat level for military forces and diplomats in Iraq because of a heightened security risk from Iran, Sky News said on Thursday. A spokeswoman for Britain's Foreign Office declined to immediately comment on the report. Britain also put its personnel and their families in Saudi Arabia, Kuwait and Qatar on an increased state...

  • May 14- Exxon Mobil Corp said on Tuesday that its development plan for Rovuma liquefied natural gas project in Mozambique was approved by the country's government, with the company's final investment decision expected later this year. The U.S. oil giant took charge of the East African LNG project's onshore operations following a $2.8 billion deal with...

  • The U.S. oil giant took charge of the East African LNG project's onshore operations following a $2.8 billion deal with Italy's Eni in 2017, adding to its slate of planned gas projects in Qatar, Papua New Guinea, Russia and the United States.

  • *GRAPHIC: China imports of U.S. energy: https://tmsnrt.rs/2DPylwp. SINGAPORE, May 14- China's decision to hike import duties on U.S. liquefied natural gas is a move that means very little for the market in the short term, but it has the potential to deliver outsized consequences the longer the levies remain in place. This will make it even more uneconomic for Chinese...

  • May 13- China said on Monday it would raise tariffs on liquefied natural gas imports from the United States amid a series of additional levies, a move that could further reduce U.S. So far this year, only two LNG vessels have gone from the United States to China, versus 14 during the first four months of 2018 before the start of the 10- month trade war.