Showing 1 - 10 of 95
OPEC+ hikes oil production quotas, issues warning
AFP, Published on 06/04/2026
» VIENNA - The OPEC+ oil cartel agreed on Sunday to again increase oil production quotas, while warning that repairing energy facilities, such as those damaged in the Middle East war, is "costly and takes a long time".
Kharg Island: Iran's vital oil hub in the crosshairs?
AFP, Published on 11/03/2026
» PARIS — Kharg Island, a scrubby stretch of land in the northern Gulf, handles almost all of Iran's crude exports and any attempt to seize it would mark a major escalation in the conflict, analysts say.
Trump claims oil firms have pledged $100bn for Venezuela
AFP, Published on 10/01/2026
» WASHINGTON - US President Donald Trump met with the heads of major oil companies on Friday after saying the world's biggest producers have pledged $100 billion to revive Venezuela's oil sector.
Best of frenemies: Saudi, UAE rivalry bursts into view
AFP, Published on 02/01/2026
» DOHA — For years, the United Arab Emirates (UAE) and Saudi Arabia projected geopolitical and economic power across the Gulf and beyond, seemingly in tandem.
Trump confirms call with Maduro, Caracas slams US maneuvers
AFP, Published on 01/12/2025
» CARACAS - US President Donald Trump confirmed Sunday he had recently spoken with Venezuelan leader Nicolas Maduro amid soaring tensions between the two countries, while Caracas slammed what it called US preparations for an attack.
Waning influence of OPEC+ in spotlight as prices flag
AFP, Published on 20/12/2023
» LONDON - Despite slashing oil production for months on end and announcing new cuts in late November, the Organization of the Petroleum Exporting Countries (OPEC) and its ten allies have struggled to boost flagging prices.
'Urgency of action': pressure grows for COP28 climate deal
AFP, Published on 10/12/2023
» DUBAI: UN climate talks negotiators were under growing pressure on Sunday as the deadline nears to strike a new global deal aimed at keeping global warming within 1.5 degrees Celsius.
'Small minority' blocking COP28 progress, says at-risk Vanuatu
AFP, Published on 10/12/2023
» DUBAI: A small minority of countries at UN climate talks are blocking a growing consensus to phase out fossil fuels, at-risk Vanuatu's climate change minister told AFP on Sunday.
Fossil fuel lobbying rattles climate talks
AFP, Published on 09/12/2023
» DUBAI - Negotiations over the future of fossil fuels heated up at UN climate talks on Saturday, with Opec catching flak over the oil cartel's push to block any phase-out in the final deal.
Putin lands in Abu Dhabi
AFP, Published on 06/12/2023
» ABU DHABI - President Vladimir Putin is in the United Arab Emirates for a rare visit outside the former Soviet Union Wednesday, as Russia seeks to reassert itself on the global stage.