MANAMA / Reuters A new discovery off the coast of Bahrain is estimated to contain at least 80 billion barrels of tight oil, the kingdom’s biggest ever find, Bahrain’s oil minister said. Bahrain said it had discovered extensive tight oil and deep gas resources off the west coast of the kingdom. Independent appraisals by US-based oil consultants DeGolyer and MacNaughton ...

Reuters Italian energy group Edison, part of French utility EDF, is preparing the sale of its oil and gas unit, the latest power producer to abandon fossil fuels to focus on its retail business, four industry sources said. Edison has selected investment banks Rothschild and Perella Weinberg to organise an auction for the exploration and production division, which could be ...

Bloomberg Chinese companies scrambled to assess the impact of proposed US tariffs on 1,300 products as President Donald Trump took a swipe at companies making televisions to dishwashers but spared levies on other goods that might hurt US consumers. The wide-ranging list of products that may be hit with 25 percent tariffs includes malaria diagnostic test kits, sewing machines and ...