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Japan's ANA to order 30 Boeing, 18 Airbus planes

The operator of Japan's All Nippon Airways said Tuesday it has decided to order a total of 48 aircraft from Boeing and Airbus for deliveries from 2021 through 2025. ANA Holdings said it would buy 30 Boeing 737 MAX 8 planes and 18 Airbus A320neo units, citing growing demand in the region and...

Saudi Arabia says Venezuela crisis could hit oil market

The crisis in OPEC member Venezuela could impact the oil market balance, Saudi Energy Minister Khalid al-Falih told Al-Arabiya news channel Monday. "Of course, developments in Venezuela may have an impact on the [oil] markets ... We are watching developments there and there could be an...

Abu Dhabi awards Eni, OMV key stakes in oil refiner

Abu Dhabi's state oil firm said Sunday it had signed partnership deals worth $5.8 billion with Italian oil giant Eni and Austria's OMV, awarding them key stakes in its refining arm. Under the agreements, Eni will own 20 percent and OMV 15 percent of the Abu Dhabi National Oil Co's ADNOC...