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WASHINGTON Japanese automaker Nissan Motor Co. has come up with a new type of petrol engine it says may make some of today’s advanced diesel...

HONG KONG Crypto-currency exchange Bitfinex’s plan to impose losses on all its trading clients for the theft by hackers of $72 million in Bitcoin rests...

FRANKFURT Britain’s vote to leave the European Union should have limited immediate economic impact on Germany, the country’s central bank said on Monday, noting the...

 Staff reporter MUSCAT Credit rating agency Capital Intelligence Ratings has affirmed the Sultanate’s long-term foreign currency and local currency ratings at ‘A-’ and the short-term one...

KUWAIT CITY Kuwait’s new budget indicates smaller fiscal consolidation than in many of its regional peers due to its healthy financial situation, according to Fitch...

LONDON Libya’s plans to increase oil output by five-fold by the end of the year will remain out of reach until the government allocates funds...

TEHERAN Iran is expected to undertake mega oil and gas projects in collaboration with foreign companies before March 2017, Iran Daily News quoted the country’s...

CAIRO Egypt will increase its production of natural gas to more than 7.5 billion cu ft per day by 2020-21, Oil Minister Tarek El Molla...

NEW DELHI An IMF paper has raised question marks over the ability of RBI to target inflation through monetary measures, saying the size of formal...

NEW DELHI Oil and Natural Gas Corporation (ONGC) and its partners will invest Rs8.23 billion ($123 million) to produce natural gas from coal seams of...