Saudi Aramco is launching the biggest shale gas development outside of the United States to boost domestic gas supply and end the burning of oil at its power generation plants, Chief Executive Officer Amin Nasser told Reuters Monday. The world's top crude oil exporter has for years battled...

The top diplomat in eastern Libya says the shutdown of vital oil facilities in the country would come to an end "when Libyans are guaranteed of the fair distribution of their resources." The closures came about when powerful tribal groups loyal to Libyan military commander Khalifa Hifter in...

German sportswear maker Adidas said Wednesday store closures in China had brought plummeting sales since the beginning of the novel coronavirus outbreak in late January. "Our business activity in Greater China has been around 85 percent below the prior year level since Chinese New Year on...

Washington has the right to block US federal agencies from buying products by Huawei on cybersecurity grounds, a judge ruled Tuesday, dismissing the Chinese telecom giant's legal challenge to a purchase ban. Huawei filed the suit last year and claimed Congress had failed to provide evidence...