Last year Eni sealed its first deal in Oman, winning a majority stake in offshore acreage and selling on part to Qatar Petroleum. This year it took a first step into Abu Dhabi, paying $875 million for stakes in two oil concessions and then buying part of the giant Ghasa gas field from state oil group Adnoc.
A magnitude 7 earthquake struck Alaska early Friday, shutting the state’s most important oil pipeline
The Alaska pipeline that carries crude from the Arctic coast to the marine terminal in Valdez was shut as a precaution
Exports by Asia’s fourth-largest economy grew 4.5 percent last month from a year earlier, missing market expectations