Colombian state-controlled company Ecopetrol has declared the commerciality of the Lorito extra-heavy oil discovery in Block CPO-9 in the country’s mature onshore Magdalena Inferior basin.

Ecopetrol has confirmed the commercial viability of its Lorito oil field in Colombia’s Meta region — its most significant discovery in a decade ...

Dubai: Gold prices witness slight drop, 24K trading at Dh402.5 Gold has been rallying over the past couple of years due to geopolitical tensions, buying by central banks and the US tariffs row ...

UAE: Foreign bank branch fined Dh600,000 for violating consumer protection rules The Central Bank, through its supervisory and regulatory mandates, aims to ensure that all banks and their ...

'Death in minutes': Don't leave children in car, check tyres; RTA's tips for safe summer drive As per RTA regulations, tyres that are more than five years past their date of manufacturing are not ...

Adnoc’s proposed 46.94 per cent shareholding in the new entity is expected to be held by XRG upon completion of the transaction, subject to regulatory approvals.

Some UAE residents want to start work at 6am, here’s why This, in turn, would give them more time to rest, run errands, or spend with family ...

Abu Dhabi closed MS Food Trading for violating a law related to food, and posing a risk to public health. The emirate often inspects establishments including restaurants, food trading, groceries ...

West Indies all-rounder Russell to retire from international cricket All-rounder Russell, who won the T20 World Cup in 2012 and 2016, has earned 84 international caps in the format, scoring three ...

All Eyes On EU-US Trade Negotiations: Maros Sefcovic heads for Washington to address tariff disputes and seek resolution before August 1 deadline.

UAE approves robo-advisory services for licensed portfolio management firms Portfolio management services are typically provided by large banks and financial firms to their high-net-worth clients ...

Dubai: Scammers jailed, fined for posing as police officers, defrauding man of Dh9,900 Investigations led Dubai Police to an apartment in Deira, where the suspects had been operating, and several ...