Libya, the holder of Africa’s biggest crude reserves, is ramping up output from its biggest oil field again after two years of internal conflict, the latest reminder of just how Continue Reading
More than two dozen foreign oil and natural gas companies are qualified to get in line as Iran’s energy sector opens up to investors, the government said. Sanctions pressure started Continue Reading
The National Iranian Oil Company (NIOC) revealed that several European oil and gas companies will be eligible to bid for the country’s new oil and gas projects. The National Iranian Continue Reading
Iraq Prime Minister Haider al-Abadi said the autonomous Kurdish region was exporting more than its allocated share of oil as the country seeks to comply with an OPEC output cut. Continue Reading
Back on December 15, two weeks ahead of the day the OPEC production cut agreement was set to begin, according to which some 1.2 million barrels per day in oil Continue Reading
ISIS has claimed responsibility for the shooting in a nightclub in Istanbul on New Year’s Eve, in which a gunman – who is still at large – killed 39 people, Continue Reading
Venezuela looks set to start 2017 with a somewhat quiet first quarter in terms of debt repayment, with only $1.1 billion due over the first three months of the year. Continue Reading
Low visibility caused by fog and smog in large parts of China is disrupting traffic after the New Year holiday. Dense fog temporarily closed several sections of six expressways in Continue Reading
China’s independent refiners face uncertain times in 2017 as the government comes down hard on them for compliance and tax evasion, and has rowed back from allowing them to export Continue Reading
Big Oil could be in a unique position to protect its interests against a Republican proposal to tax imports, given that President-elect Donald Trump’s cabinet is studded with oil champions Continue Reading
