Two years after Iran pledged to open up its oil industry in anticipation of the lifting of sanctions, foreign companies say they still have little information about Iranian oil fields Continue Reading
Saudis to announce “concrete plans” for nuclear within a year Neighbor U.A.E. signs reactor deal with Korea Electric Power Saudi Arabia will soon choose a site for its first nuclear Continue Reading
There are too many risk factors at play to express any sense of real optimism about a full market return for Libya’s oil, the Royal Bank of Canada said. In Continue Reading
Despite a brief halt to the fighting, the security situation in Yemen is too volatile to return to production, Austrian energy company OMV said. U.S. Secretary of State John Kerry Continue Reading
Iran opens up bidding with new terms on oil projects, but sanctions preclude US companies from participating. When Iran offers up stakes in several oil production projects under new contract Continue Reading
Isis has launched a surprise attack on the Kurdish-controlled city of Kirkuk in Iraq, its first major incursion into an Iraqi city outside its control in months. Suicide bombers and Continue Reading
The sounds of battle north of Mosul on Thursday morning told the story of how Islamic State fighters had chosen to meet a new Kurdish assault: the eruptions of suicide Continue Reading
Peshmerga forces opened a new, northern front on Thursday in the offensive to retake Mosul from the Islamic State (IS) militant group, which is putting up a determined defense and Continue Reading
Libya has been teetering on the edge of economic collapse for a couple of years now, and may have just made a narrow escape, right when the World Bank issued Continue Reading
Saudi Arabia is selling a huge bond deal to international investors Wednesday. The country is, “borrowing out of the oil crash,” surmises research firm CreditSights . The country needs the Continue Reading
