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Challenges ahead for Khalid al-Falih, Saudi Arabia's new energy minister
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Saudi Arabia responds to low oil prices with economic reform plan
Saudi Arabia has unveiled an economic reform plan including selling part of its state energy giant Saudi Aramco and using the cash raised for a massive global investment fund.
BP considers more spending cuts after 80 percent profit drop
BP has said it could reduce its capital spending further after reporting an 80 percent drop in profits in the first three months of the year.
IMF warns on cheap oil effects, but is encouraged by Gulf economic reform plans
The International Monetary Fund has calculated oil exporting countries in the Middle East and central Asia lost $390 billion in revenue from lower crude prices in 2015.
Drought-hit Venezuela faces daily power cuts to save energy
Venezuela has announced power cuts from next week – plunging people into darkness for four hours each day as the crisis-hit country grapples with a
Eurasian Media Forum: political tactics, oil prices and diplomacy
The do’s and dont’s of political survival were set out by Jack Straw, former UK Foreign Secretary at the Eurasian Media Forum in Kazakhstan.
Cheap oil and the music industry's digital revolution
In this edition of Business Line we look in depth at the major oil producers attempts to stop prices falling and why they failed, plus the good news for the music industry from the digital revolution.
Moscow wins Yukos ruling
A Dutch court has annulled an international tribunal's award of $50 billion (44 billion euros) in compensation to shareholders of defunct Russian oil giant Yukos.
Kuwait oil workers end strike, crude prices fall
Oil prices slipped again on Wednesday as energy workers in Kuwait ended a three-day strike that had cut the country's production of crude by nearly half.
Kuwait oil workers strike buoys crude prices
Oil prices are being supported by a strike by energy workers in Kuwait which has offset an expected price slump following the failure by major oil producers to agree to freeze output levels.
Iran promises oil production increases despite supply glut low prices
Iran says it is justified in increasing the amount of crude it pumps even though that will add to the supply glut and depress prices.
No crude freeze deal, what does it mean for the oil industry?
After OPEC and non-OPEC producers failed to reach a deal to freeze oil output euronews got analysis from Spencer Welch, a director with IHS Energy in London.
Disappointment over oil supply cap failure pushes crude prices down
Shareholders burn Bob's bonus at BP AGM
Shareholders at BP gave the boss’s bonus the thumbs down on Friday, wiping 17.7 million euros from Bob Dudley’s package for 2015. It was a rare
Italian referendum on drilling for oil could shape the country's energy policy for decades to come
A referendum to be held next Sunday in Italy could shape the country’s energy policy for decades to come. The ballot was triggered by a request from
Brent crude oil surges five percent
Brent crude oil is up five percent, at more than 41 dollars a barrel. The surge is raising hopes that top producers will will agree to freeze
Oil prices hover around one-month lows
Oil hovered around one-month lows on Monday, as investors ditched some of their bullish bets on another price rise. This, also amid fading chances
International oil corruption allegations centre on Monaco based company Unaoil
A Monaco-based energy services company, Unaoil, is at the centre of major bribery and corruption allegations.
Three die in Nigerian pipeline explosion
At least seven people have been injured in the blast near Olugboboro in Bayelsa state
Rosneft is 'coping' with low oil price, makes investment pledge
Despite low oil prices Russian energy giant Rosneft says it is coping and has pledged to invest more to ensure it can honour its long-term supply deals.
Kazakhstan diversifies economy to survive oil and gas slump
Kazakhstan’s economy depends on oil and gas and the slump in the industry has put its economic resilience to the test. Its currency has devalued and
Oil prices drop as Iran still not part of production freeze
Oil prices continue to be pulled down by the lack of a deal between OPEC and other countries to freeze production.
Azerbaijan's president insists low oil price are bringing reforms and diversification
Azerbaijan is one of the suffering from the oil price crisis but President Ilham Aliyev told euronews the economy is being reformed and is diversifying away from energy dependence.
Glut and high inventories drive oil exports from US to Europe
More US oil is heading for Europe, amid a world glut and as inventories in the States hit all-time highs. Producers are taking advantage of the lifting of restrictions on the export of US crude and lo
OPEC oil output cut very unlikely at June meeting, Iran's situation unclear
OPEC is very unlikely to cut oil output at its next meeting in June, even if crude prices remain extremely low, according to OPEC sources and delegates
The dash for cash in post-sanctions Iran
OECD slashes economic growth forecasts for United States, Europe and Brazil
The Organisation for Economic Co-operation and Development remains downbeat about global economic growth this year, cutting its forecasts for the United States, Europe and Brazil.