Lagos: TotalEnergies announced today that it will sell its stake in a major offshore oil field in Nigeria to Shell for $510 million. In separate statements, the two companies said that TotalEnergies is relinquishing its 12.5% stake in the Bonga field,…
New York: Major US stock indexes on Wall Street closed higher at the close of trading today.
According to Qatar News Agency, the S and P 500 index closed up 23.53 points, or 0.40 percent, at 5,912.08. The Nasdaq Composite index rose 74.77 points, or…
Doha: A US federal appeals court decided reinstated today the tariffs imposed by US President Donald Trump, just one day after a trade court had ruled to block those tariffs with immediate effect. The federal appeals court suspended the earlier ruling…
New York: Oil prices were on track to end the week down more than 1% on Friday amid whipsawing tariff rulings in the United States and as the market braced for a potential OPEC+ output hike. Brent crude futures slipped 26 cents, or 0.41%, to $63.89 a …