Qatar reshuffles cabinet, boards of QP and QIA

DOHA (Reuters) - Qatar appointed the heads of its biggest bank and state-run oil firm to two key ministerial posts in a cabinet reshuffle on Sunday which comes amid a protracted dispute with Arab states. The country's ruler issued decrees restructuring the boards of state-run Qatar Petroleum (QP) and Qatar Investment

Qatar Petroleum agrees two five-year naphtha deals with Marubeni

DUBAI (Reuters) - Qatar Petroleum, the world's top supplier of liquefied natural gas (LNG), on Wednesday announced two five-year sales agreements with Japan's Marubeni Corporation <8002.T>. It will supply Marubeni 1.2 million metric tons of naphtha per year starting from this month, Qatar Petroleum said in an emailed statement.

Qatar’s emir to visit Latin American states

DUBAI (Reuters) - Qatar's Emir Tamim bin Hamad Al Thani will visit Latin America on Monday, the state news agency reported on Saturday. Doha is seeking to develop new trade and business partners since a rift last year with its neighbours Saudi Arabia, the United Arab Emirates and Bahrain, along with

Oil hovers near $80, supply concern expected to underpin prices

LONDON (Reuters) - Oil eased on Wednesday, but held near its highest level this year, as concerns that producers may fail to cover a supply shortfall once U.S. sanctions on Iran come into force outweighed an increase in U.S. inventories. Brent crude futures <LCOc1> were down 15 cents at $78.88 a