Saudis alone to expand offshore oil field owned with Kuwait
Top oil exporter Saudi Arabia will go it alone in boosting the capacity of an offshore oil field in its shared neutral zone with Kuwait after the neighboring Persian Gulf state withdrew from the project due to political deadlock between parliament and the government.
Etihad mulling EUR300m investment in Alitalia
Abu Dhabi's Etihad Airways is considering a possible investment of 300 million euros (USD412.88 million) in Italian carrier Alitalia, a political source close to the matter said on Thursday.
Workers clash in S.Sudan oil fields, 16 dead
Fighting between workers in two oil fields in South Sudan has killed at least 16 people but the government is now in control and oil production has not been affected, a senior official in a major oil producing area in the country said on Thursday.