Locals rule for Tehran energy conference
Iranian media reports local companies outnumber the number of foreign entities registered to attend an oil and natural gas exhibition in May in Tehran. Tehran is slated to hold a Continue Reading
Chaotic Parliament confirms five new ministers
The Iraqi Parliament on Tuesday approved five new ministers in a contentious and incomplete effort by Prime Minister Haider al-Abadi to reshuffle his Cabinet and deliver on promises to reform Continue Reading
Oil Companies’ Bet on Kurdistan Turns Sour
Oil companies that piled into Iraqi Kurdistan after Saddam Hussein’s ouster are running into trouble, unraveling the region’s promise as source of easy-to-drill oil and threatening Iraq’s production surge. The Continue Reading
Eastern Libya ships first oil cargo in defiance of Tripoli
A government based in eastern Libya has shipped its first cargo of crude in defiance of authorities in the capital Tripoli, a bold move that could deepen the divisions that Continue Reading
First “Illegal” Shipment Of Oil Leaves Eastern Libya
A cargo of 650,000 barrels of crude left the Libyan port of Hariga yesterday, in the eastern part of the conflict-torn country, sparking what promises to be another phase in Continue Reading
Public Sector Will Work Only Two Days a Week in Venezuela
Venezuelan bureaucrats will work two days a week to save electricity in the country facing a deepening energy crisis. Public employees, who account for more than a third of Venezuela’s Continue Reading
Venezuela proposes non-OPEC oil producers attend Vienna meeting
Venezuela has proposed that non-OPEC oil producers attend the group’s June meeting in Vienna to continue “dialogue and coordination,” according to a letter from the South American country’s oil minister Continue Reading
Unpaid bills add to China debt problems as receivables mount
Times have changed for Yu Xingzhi since China’s economic boom years. Despite the slowing economy, sales at Shanghai Caison Color Material Chemical are holding up. The trouble is, her customers Continue Reading
Texas, Oklahoma, Wyoming: Oil Woes Start to Hit Hard
There are some early signs of delinquency-rate… The slump in crude prices is starting to show up as missed payments by consumers in the oil patch. In states from Oklahoma Continue Reading
Gov. Cuomo Rejects the Constitution Pipeline, Huge Win for the Anti-Fracking Movement
In a win for climate activists and the anti-fracking movement , and a blow to fossil fuel polluters and the federal regulatory agencies that enable them, the New York State Continue Reading