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Two affiliates of Libya’s National Oil Corp (NOC) have suspended some work because of the spread of the coronavirus, they said in statements posted online on Monday. The country’s biggest refinery, Zawiya, located west of Tripoli, said…

The Organization of the Petroleum Exporting Countries and its allies may discuss this month countries which have lagged in reducing their oil output under a global oil cut deal, Russian Energy Minister Alexander Novak was quoted as saying…

Spain’s Prime Minister Pedro Sanchez on Monday said there were positive aspects in the proposed merger of Spanish lenders Caixabank and state-owned Bankia and called on the sector to take steps to consolidate further. “From the…

The Dutch government said on Monday it will invest 20 billion euros ($23.6 billion) in education, infrastructure and research and development projects over five years to help strengthen its economy and better shield it from future…

On Wednesday, Oil rose towards $46 a barrel, gaining for a third day, supported by a report that U.S. crude inventories fell and as surveys showing stronger manufacturing raised hopes of an economic recovery from the coronavirus pandemic.…

Libya’s National Oil Corporation (NOC) Chairman Mustafa Sanalla met on Tuesday with Italy’s Foreign Minister Luigi Di Maio in Tripoli as they discussed the blockade of oil facilities in Libya, NOC said on its Facebook page. NOC said Di…

On Tuesday, Oil prices rose, reversing overnight losses as better-than-expected U.S. manufacturing activity data spurred hope for a post-pandemic economic recovery, and as analysts forecast a sixth weekly drawdown in U.S. crude inventories.…

oon Monday, Spain’s economy minister Nadia Calvino called for all parties’ responsibility to allow the approval of a budget as soon as possible to cope with coronavirus pandemic. “It is everyone’s duty and I appeal to the common…

Lionel Messi was not seen attending Barcelona's training ground for coronavirus tests on Sunday morning, raising the possibility he will boycott pre-season to force his way out of the club. Barca's new coach Ronald Koeman and first-team…

Iraq’s trade ministry will buy rice under an agreement with the United States to supply its rationing programme, it said on Saturday, and it will strike deals next week with local companies for sugar and vegetable oils. The existing…