SHARJAH / WAM The Sharjah National Oil Corporation (SNOC) and its Italian partner ENI, have announced a successful new discovery of natural gas and condensate onshore at the Mahani field in Sharjah. The discovery at Mahani-1 exploration well, with flow rates of up to 50 million standard cubic feet per day, comes within the first year of the partnership and ...

ABU DHABI / WAM Mohammed bin Ahmed Al Bowardi, Minister of State for Defence Affairs, received Pavan Kapoor, Ambassador of India to UAE, to discuss ways of promoting bilateral ties between UAE and India. The two sides explored ways of enhancing cooperation relations across various fields. They also reviewed issues of mutual interest and exchanged views on regional, international developments. ...

Bloomberg Oil tumbled to the lowest in more than three months on fears China’s deadly coronavirus will hit demand in a market that already has plentiful supply. Futures plunged more than 3% as China reported an increase in fatalities and infections. While the country extended the Lunar New Year holiday to control the outbreak, more cases have been reported in ...