Thursday, October 19, 2017
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SEOUL The Organisation of Petroleum Exporting Countries (Opec) has a compliance rate with their output cut pledges of about 86 per cent, Fatih Birol, the...

MUMBAI Reliance Industries (RIL) and its partner BP of the UK will invest about $1.5 billion to bring to production six satellite gas discoveries in...

MUMBAI The Abu Dhabi Investment Authority (ADIA) has committed an investment of up to $1 billion to India’s National Investment and Infrastructure Fund (NIIF), according...

MONTREAL/PARIS Airbus has agreed to buy a majority stake in Bombardier’s CSeries jetliner programme, giving a powerful boost to the Canadian plane and train maker...

WASHINGTON T-Mobile US and Sprint plan to announce a merger agreement without any immediate asset sales, as they seek to preserve as much of their...

TOKYO At embattled Kobe Steel falsification of data on products went on for more than a decade, a source with knowledge said, deepening a scandal...

 Staff Reporter MUSCAT Commercial operations at Oman Oil Refineries and Petroleum Industries Company’s (Orpic) $320-million Muscat-Sohar Product Pipeline project through its main fuel terminal in Al...

Staff Reporter MUSCAT Telecom leader Omantel is to look at bridge loan facility to finance its additional 12 per cent stake acquisition in Kuwait-based Zain Group. In...

 Staff Reporter MUSCAT Islamic lender Bank Nizwa swung to 2.31-million-rial profit during the nine months ended September 30 from 540,000 rials loss in the same period...

KUWAIT CITY Oil demand will grow at a “healthy pace” over the next five years as renewables show the fastest expansion of any type of...