Energy Sector

OPEC crude price jumps to new record high

Organization of the Petroleum Exporting CountriesVienna - The pr

Strike ends at Grangemouth refinery in Britain

London - A two-day walkout by oil workers at the Grangemouth refinery in Britain, which disrupted North Sea oil production, came to an end early Tuesday.

Iranian president inaugurates oil refinery project in Sri Lanka

Colombo - Iranian President Mahmoud AhmadinejadIranian Presi

Leading oil giants see profits rise on back of oil price

London - Shell and BPRising oil prices have boosted the profits of Britain's two leading oil gian

OPEC crude price weaker, but remains above 110 dollars

OPECVienna  - The price for crudes produced by the Organization of the Petroleum Exporting Countries (OPEC) w

Extra supplies come in as strike at Scottish refinery continues

FuelLondon - Extra fuel supplies continued to be shipped to Britain Monday to prepare for possible shortages

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