The Iranian president’s signature achievement, a landmark nuclear deal with world powers, is starting to unravel, and his economy is in distress even before renewed U.S. sanctions begin to bite, Continue Reading
U.S. President Trump has made a deal with some OPEC producers to keep prices high as they support the U.S. economy and boost federal taxes. This is what Iran’s Energy Continue Reading
Russia’s second-biggest oil producer, Lukoil, has signed a development plan for the West Qurna-2 oil field in Iraq with local Basra Oil Company, targeting to double oil production from the Continue Reading
Iraqis are heading to the polls this Sunday to elect their next government, which is most likely to be a coalition—a change that could see delays in new oil projects Continue Reading
Iraqis have begun voting in parliamentary elections that will shape the country’s trajectory as it looks to rebuild and attract investment after its devastating four-year battle with Isis. The poll Continue Reading
Venezuela’s state-run oil company PDVSA is preparing to shut a Caribbean refinery that is running out of crude amid threats by ConocoPhillips to seize cargoes sent to resupply the facility, Continue Reading
The U.S. shale oil industry hailed as a “revolution” has burned through a quarter trillion dollars more than it has brought in over the last decade. It has been a Continue Reading
For much of the last century, observers of the oil industry have debated when or if we might reach so-called peak oil — the point when the maximum rate of Continue Reading
The geologist who earned the wrath of shale drillers a decade ago with forecasts that natural gas was about to run out is now warning that the Permian Basin has Continue Reading
US LNG is still a rare visitor to European shores despite low LNG stocks — especially in northwest Europe — and high European hub prices. Only three cargoes to UK, Continue Reading
