The Latest Breaking News from Oil

Libya is producing about 1.2 million barrels per day of oil, oil minister Mohammed Aoun told reporters on the sidelines of an OAPEC meeting on Monday. "We hope to return to 2010 levels, which was 1.6 million bpd, within two or three years," he added. He added that he hoped…

Saudi Aramco’s wholly-owned subsidiary Aramco Gulf Operations Company signed on Saturday a memorandum of understanding (MoU) with state-owned Kuwait Gulf Oil Company (KGOC) to develop the joint Durra gas field. Kuwait’s Deputy Prime Minister and Minister of Oil Badr al-Mulla and Saudi Minister of Energy Prince Abdulaziz bin Salman attended…

The number of tankers waiting to pass through Istanbul's Bosphorus Strait on the way to the Mediterranean fell to 13 on Monday from 17 a day earlier, the Tribeca shipping agency said, showing an easing of the recent build-up in traffic.

Chicken cooked in a rich, red wine sauce is a French classic. This quick version captures the French flavors without the fuss.

Oil prices fell on Monday, deepening a multi-week decline, as a weakening global economy offset supply woes stemming from the closure of a key pipeline supplying the United States and Russian threats of a production cut. Brent crude futures were down 38 cents, or 0.4%, at $75.72 a barrel by…

The General Authority for Statistics announced on Sunday that Saudi Arabia’s economy grew by 8.8 percent in the third quarter of 2022. This growth was driven by the rise of oil-related activity by 14.2 percent, and non-oil activities by 6 percent, while government activities recorded a growth of 2.5 percent…

Veggie Christmas isn’t all nut roasts and mushroom wellingtons

Three campaign groups challenge plans to award up to 130 new licences for exploration

Curbs to protect Ireland’s bogs have gone up in smoke amid soaring costs – theft of trees and woodpiles in Germany also rising

Industry pushes back on "excessive" government windfall tax plan

A daughter recalls her immigrant parents and her father standing by the stove making scallion pancakes on Sunday mornings. Her siblings now make the pancakes for their children.