gulfnews.comEMERGENCIESgulfnews.comSharjah Police are investigating the death of three workers whose bodies were found in an oil tank in Al Saja Industrial Area in Sharjah. The Police operation room received a call late on Saturday night reporting the inci …

Wall Street JournalLibya Says Oil Sector Open Again for BusinessWall Street JournalLONDON--Libya intends to reopen its oil sector to new foreign investments, its state-run oil company's chief said Tuesday, a move that would give oil companies the oppor …

US Oil Producers Ramp Up SpendingWall Street JournalU.S. oil producers, optimistic that higher crude prices are here to stay, have issued 2017 budgets that call for dramatically greater spending to tap new wells. Preliminary capital-spending plans released …

Financial TimesOil in 2016: the year that Opec returnedFinancial TimesPrices look set to end the year in the mid-$50s — about double the 13-year intra-day low of $27.10 a barrel Brent touched in January — with hedge funds more bullish on oil than they have …

Wall Street JournalOil Producers Turn to Wind PowerWall Street JournalThe Netherlands wants to build the world's largest offshore wind project, and an unlikely company is helping: Royal Dutch Shell PLC. The oil-and-gas giant is facing shareholder press …

Wall Street JournalOil Producers Turn to Wind Power - WSJWall Street JournalEuropean oil companies are taking a closer look at offshore wind projects as construction costs drop and investor interest in renewables grows.and more » Read more http: …

New York TimesIran Races to Clinch Oil Deals Before Donald Trump Takes OfficeNew York TimesTEHRAN — President Hassan Rouhani of Iran is racing to sign as many oil deals with Western companies as he can, before hard-liners at home and President-elect Donald …

Wall Street JournalCanadian Oil Producers Cenovus, Crescent Point Ramp Up SpendingWall Street JournalCenovus Energy Inc. and Crescent Point Energy Corp., two big Canadian oil-sands producers, signaled a return to growth in the country's oil patch with …

BloombergAirlines to Take First Profit Hit Since 2011 as Oil Price ClimbsBloombergWhile airlines have this year been reaping record profits following a slump in the price of crude, IATA reckons a barrel of oil will average $55 in 2017, up from $44.60, lift …

Russia's Central Bank Sticks To Oil Price ForecastsOilPrice.comThe central bank of Russia has no plans to revise its current oil price estimates for the next 12 months despite the OPEC deal that saw international oil benchmarks pass the US$50 barrier a …