Oil minister Bijan Zanganeh has handed the running of Iran’s national oil company to a trusted ally in a push to agree long-awaited deals with global oil majors, which could Continue Reading
Oil Minister Zanganeh tells ISNA up to 15 fields to be offered Iran will initially seek to develop fields along border Iran plans to issue tenders to develop its oil Continue Reading
Iraqi oil player Gulf Keystone Petroleum said it received only part of the payment it billed the Kurdish regional government for crude oil exports in May. The company said it Continue Reading
The U.S. has seen several weeks in which the levels of crude oil sitting in storage have declined, falling from 80-year record highs. Inventories have dropped more than 10 million Continue Reading
Companies agree to study chemicals complex in Saudi Arabia Kingdom seeking to build manufacturing based on oil, chemicals Saudi Arabian Oil Co. and Saudi Basic Industries Corp. are one step Continue Reading
Last week, my article on the Saudi Arabian oil and solar outlook, titled Saudi Arabia’s Solar Planning Is Paved in Oil Production , certainly shook up a hornet’s nest in Continue Reading
International oil companies (IOCs) are expecting to help Iraq achieve modest production gains in the next year – a sign that the oil sector is weathering a series of interlocking Continue Reading
The company that proposed the Keystone XL pipeline is seeking $15 billion in damages from the federal government after the Obama administration rejected the Canada-to-Texas project, a company spokesman said Continue Reading
Venezuelans ‘Live to Repair’ Following Collapse of Car Industry Dollar shortages mean even scrapyards are running out of parts Recent deals may point to revival in local car manufacturing Adolfo Continue Reading
Venezuela’s Oil Output Decline Accelerates as Drillers Go Unpaid Service companies owed more than $1 billion scale back work Crude output could decline further from a six-year low Venezuela’s oil Continue Reading
