Igor Sechin, the head of Russia’s top oil producer Rosneft, said on Tuesday that Saudi Arabia, the United States and Russia were the three main players on global oil markets, dismissing OPEC’s role as a regulator. “We believe that the (function of) regulation has moved to three mai
The Niger Delta Avengers, a militant group that has claimed responsibility for attacks on oil and gas facilities in Nigeria’s southern energy focal point, denied on Tuesday ever agreeing to a ceasefire with the government. Government officials spoke of a one-month ceasefire had been agreed las
U.S. companies which depend on the United Kingdom for sales are downplaying the risk that a vote by Britain to leave the European Union could seriously harm their businesses, even as economists and Wall Street have expressed concerns about the trans-Atlantic economic impact. Britain, the fifth-large
The residents of the ancient city of Jeddah celebrate the heritage of their unique city by putting on a festival during the nights of Ramadan and this has taken place for the last three years. The festival, which is called “Our Ramadan Used to be Like This”, is held in the historic part of the [&hel
New York-Artificial intelligence is a longstanding science fiction staple that is coming into its own. Google, Facebook, Apple and others are all developing A.I. tools. You can try out some apps today that demonstrate fledgling forms of the technology by smartly, swiftly and automatically doing task
Cologne- Charged with joining the terrorist organization, one of ISIS’ notorious terrorists returning to Germany from Syria is set for trial this Wednesday. Harry S., 27, fought among the ranks of the ultra-hardline militants in each of Syria and Iraq. The latter is charged with affiliation with a f
Beirut-Turkey has contained the consequences of the killing of around 11 Syrian refugees by its border guards, most of them from the same family, as they were trying to cross the border on Saturday. Turkey denied the accusations and explained that the duty of the border guards is to combat smuggling
Fallujah – Iraqi Security Forces, backed by international coalition, continue to liberate Falluja city, one of ISIS stronghold. Joint Military Command Brigadier Yayha Rasoul announced that victory is expected to be announced soon. He confirmed that Joint Military Command was able to control al-Askar
Khobar- Saudi Arabia’s crude oil stockpiles fell last April reaching the lowest level in 20 months. Official statistics issued on Monday, revealed that stockpiles dropped to 290.8 million barrels in March from 329.4 million barrels in October. In April, Saudi Arabia exported 7.44 million barrels dai
Khartoum-Next July has been set by the World Trade Organization (WTO) as a date for processing Sudan’s official application on joining the 160-member international organization. Sudan’s official application to join the most powerful legislative and judicial body regulating international trade has be
The European Union’s Brussels ambassadors agreed on Tuesday to extend until the end of January the economic sanctions against Russia in the absence of significant progress on resolving the conflict in Ukraine, diplomatic sources said, noting that the measures are applied on the oil, financial
Paris-European diplomatic sources keeping up with developments concerning the Syrian crisis say that U.S. President Barack Obama is spot-on when he deems settlement in Syria to a political solution solely. No one believes that the Syrian civil war can be put to an end by the elimination of the other
Tunisian President Begi Caid Essebsi announced on Monday the extension of the state of emergency throughout Tunisian territories by another month. In the statement issued, the presidency announced that the decision came after consultations between President Essebsi, Prime Minister Habib Essid, and P
A ballistic missile fired early Tuesday towards the central Yemeni city of Ma’rib has been intercepted, a Saudi-led military coalition battling Houthi insurgents in the country said. The missile was “destroyed with no damage” after its launch at around 12:15 am, a statement from the pro-
London-British Prime Minister David Cameron called lawmakers to “unite against hatred that killed their colleague Jo Cox.” British Parliament convened on Monday in a special session three days ahead of the referendum on EU membership to pay tribute to Jo Cox, the lawmaker who was killed in a village
Samsung Electronics Co Ltd plans to become a global top-three player in 5G mobile networks by moving rapidly in markets like the USA, an executive said. The world’s top smartphone maker stands well behind rivals such as Nokia Corp, Huawei Technologies Co Ltd and Ericsson in the networks busine
A man with a fake suicide belt was taken into custody after a bomb scare at City 2 shopping center triggered a major anti-terror operation in central Brussels on Tuesday, federal prosecutors said. Tuesday’s incident began at about 6:30 am after a report of a man acting suspiciously near the sh
Cairo and Jeddah –Gulf Cooperation Council Secretary General Abdul Latif Zayani will reach Kuwait in the upcoming 24 hours to help expedite the inter-Yemeni peace talks, according to Yemeni and Gulf sources. Peace talks were recently hindered due to insurgency delegation’s insistence on rejecting an
Jordan’s military said on Tuesday that six people were killed and 14 wounded in a car bomb attack on Jordanian troops along the kingdom’s border with Syria. “Six soldiers have been martyred and 14 others were wounded in the terrorist attack,” a military official said, adding
London – Iranian authorities have shut down a local newspaper on Monday for criticizing the Islamic Revolutionary Guards Corps (IRGC). Ghanoon Newspaper announced on its website that the Iranian authorities have ordered its shutting down following complaints from the IRGC intelligence services. This
