Business

QatarEnergy Secures Offshore Exploration Rights in Libya

Doha: QatarEnergy won an offshore exploration license in the State of Libya following the conclusion of the “Libya Bid Round”, marking QatarEnergy’s first entry into the country’s upstream sector. The results of the competitive bid process, the first …

Oman Oil Price Rises to $68.56 Per Barrel

Muscat: The official price of Oman oil for April delivery reached $68.56 per barrel (pb) on Monday, comprising a rise by 56 cents.

According to Qatar News Agency, the monthly average price of Omani crude oil for February delivery reached $62.9 pb, …

European Shares Hit Record High as Energy Stocks Surge

London: European stocks closed at a record high on Wednesday, lifted by a sharp rally in energy shares. The pan-European Stoxx 600 index edged up 0.1% to finish at 621.58 points, marking a new closing peak.

According to Qatar News Agency, energy sto…