OSLO / WAM Oslo-listed RAK Petroleum has announced a consolidated net comprehensive income of $65.7 million for the half-year to June 30, compared to a net comprehensive income of $166.4 million for the full year 2018. RAK Petroleum’s main assets are holdings in DNO, also listed in Oslo, and privately-held Foxtrot International. RAK Petroleum owns 40.45 percent of DNO, a …

Bloomberg Saudi Aramco has told several major Asian buyers that it will supply customers with all contracted oil volumes in spite of the production cuts over the weekend, according to people with knowledge of the matter. The attack on the kingdom’s most important oil production facility halved Saudi output and is crimping the availability of lighter grades such as Arab …

Bloomberg Russia may hesitate to strike a multiyear deal with the European Union and Ukraine on natural gas supplies after an EU court ruling on a key German pipeline. The judgment reduces the options Gazprom PJSC has to ship billions of dollars of gas to its biggest market without using Ukraine’s pipeline network. But Russia may see the logic in …