Gulf nations may let some Qataris stay amid diplomatic
Bahrain, Saudi Arabia and the United Arab Emirates have signalled they may allow some Qataris to stay in their countries amid a diplomatic rift with the Gulf nation.
Bahrain, Saudi Arabia and the United Arab Emirates have signalled they may allow some Qataris to stay in their countries amid a diplomatic rift with the Gulf nation.
European energy markets started to feel the impact of the escalating diplomatic row in the Middle East after natural gas prices soared when tankers full of Qatari fuel abruptly changed course.
Kuwait’s emir has travelled to Qatar and met the country’s leader as part of his efforts to mediate an end to a crisis that has seen Arab nations cut ties to the energy-rich country and attempt to isolate it.
An outspoken Emirati ruling family member has raised the prospect of Qatar’s leadership changing amid a growing diplomatic crisis between it and other Arab nations attempting to isolate the energy-rich travel hub from the rest of the world.
The choreographed statements by Saudi Arabia and three allies to quarantine Qatar at just after 6 a.m. on June 5 were not signed, but there was no mistake about who was behind them.
US president Donald Trump has told Saudi Arabia’s King Salman that a united Gulf Cooperation Council is “critical to defeating terrorism and promoting regional stability”.
Kuwait is trying to mediate a crisis in the Gulf after several Arab nations cut ties with Qatar, moving to isolate the energy-rich travel hub from the outside world.
Oil erased earlier gains as a diplomatic clash involving OPEC members Saudi Arabia and Qatar was seen having limited impact on the group’s policy.
Four Arab nations have cut diplomatic ties to Qatar, further deepening a rift between Gulf Arab nations over the country’s support for Islamist groups.
Lawyer and Middle East business expert Hugh Fraser has been inducted into a global networking initiative set up to help Scottish firms break international markets.
Qatar Petroleum plans to start a new development in the offshore North Field, ending a 12-year ban on new projects that allowed the company to assess how its current rate of extraction affects the giant reservoir it shares with Iran.
Glencore's chief Ivan Glasenberg and a top executive from Qatar's state wealth fund QIA will likely join the board of Russia's Rosneft this year, according to sources.
Oil major Shell said its Pearl gas-to-liquids (GTL) plant in Qatar is currently operating at a reduced rate of production due to unforeseen maintenance required on some or all of the plant's 18 gasifier units.
Analysts have poured cold water on the idea that the recent output deal from Opec and non-Opec countries will lead to a major rebalancing of the oil market.
Glencore Plc and Qatar’s sovereign wealth fund are using 2.8 billion euros ($3 billion) in equity and $7.8 billion in financing from a bank consortium led by Italian lender Intesa Sanpaolo SpA to buy their stake in Russian oil company Rosneft PJSC.
Russia sold an 10.2-billion euro ($11 billion) stake in its largest oil producer to commodity trader Glencore Plc and Qatar’s sovereign wealth fund in a triumph for President Vladimir Putin, who announced the deal on state television personally.
Qatar Navigation's purchase of Qatar Petroleum's stake in oilfield services firm Al Shaheen has been delayed.
ConocoPhillps has appointed a new Qatar business unit president.
Cyberhawk has completed the first commercial oil and gas inspection in Qatar.
Iran will attend talks with fellow OPEC members and Russia in Qatar next month without joining their proposal to freeze crude oil production, according to a person familiar with the nation’s policy.
Al Jazeera is reducing its headcount by up to 500 positions as oil-rich Qatar looks to streamline its costs amid the global decline in crude prices.
Umbilicals specialist JDR has been awarded contracts by McDermott Middle East for two projects in the United Arab Emirates and Qatar.
Iran has snubbed a proposal agreed to by four oil powerhouses to cap their crude output if other producers do the same, with a senior official saying Tehran has no intention of freezing production levels.
Russia has agreed with Opec members Saudi Arabia, Qatar and Venezuela to freeze oil production levels if other producers do the same.
The president and chief executive of Qatar Petroleum has called on oil and gas leaders to convert current challenges facing the industry into opportunities for future development.