Oman, the poorest Gulf Arab country on the basis of economic output per person, was cut for the first time by Moody’s Investors Service, which cited the negative impact of Continue Reading
Iran’s Supreme Leader Ayatollah Ali Khamenei casts his vote during elections for the parliament and Assembly of Experts, which has the power to appoint and dismiss the supreme leader, in Continue Reading
Fighting appeared to stop across most areas of western Syria on Saturday after a landmark “cessation of hostilities” came into effect under a U.S.-Russian plan which warring sides in the Continue Reading
Four Royal Saudi Air Force (RSAF) Boeing F-15S fighter aircraft arrived Feb. 26 at Turkey’s Incirlik Air Base to support the U.S.-led coalition fighting the Islamic State in Syria, soon Continue Reading
Hundreds of thousands of demonstrators led by Shiite leader Muqtada al-Sadr gathered in Baghdad’s Tahrir Square on Feb. 26 to protest government corruption and the slow pace of reform, Rudaw Continue Reading
For those willing to try their luck — and test their fate — there are new deals to be had in the Isis oilfields of eastern Syria. In recent weeks Continue Reading
Iran has carried out most of its commitments under the nuclear agreement reached in July, the United Nations’ atomic agency said Friday, although for a time it exceeded the permitted Continue Reading
Danish engineering company Subsea 7 said it was awarded a contract to help BP develop three gas fields, including laying export lines, off the coast of Egypt. For an undisclosed Continue Reading
Central African oil player SOCO International said it came up empty-handed while drilling in the waters off the coast of the Republic of Congo. SOCO in early February said it Continue Reading
As Venezuela grows closer to exhausting nearly every means of paying its debt, some oil market participants are seriously pondering the possible implications of an unprecedented event: the default of Continue Reading
