Saudi Aramco is restructuring its non-oil businesses into subsidiaries and possible spin-offs as it aims to streamline operations and achieve a higher valuation for its profitable core oil business ahead Continue Reading
Saudi Arabia has plunged its immediate region into major strategic uncertainty. What can only be described as a serious outbreak of shooting in the Royal Palace in Riyadh on April Continue Reading
Iran’s crude oil and condensate exports hit 2.7 million bpd in May, higher than its average volumes over the past year, while the U.S. withdrew last month from the Iran Continue Reading
A crude oil swap deal between Iran and Iraq, which was supposed to begin in mid-April, has started, Iran’s Shana agency reported yesterday, as quoted by Reuters. Under the deal, Continue Reading
Dozens of high-profile Saudis are locked up in jail, many of them denounced as traitors. Hundreds, possibly more, are barred from leaving the kingdom. And others have quietly left their Continue Reading
Iraq’s Federal Supreme Court has given the Kurdistan Regional Government (KRG) until June 27 to formally provide answers to court queries, including arguments to support its claims that its autonomous Continue Reading
With the introduction of Amnesty, training and capacity building of youths in the Niger Delta, expectations were high that the development would culminate in increased peace and end to vandalism, Continue Reading
The lack of available pipeline capacity leaves the Chinese market looking at trucking to bridge the gap for liquefied natural gas deliveries, analysis finds. A report emailed from consultant group Continue Reading
The Trump administration is pushing to greatly expand exports of crude oil and other domestic energy products to China, but tariff threats and disputes could ultimately hinder energy trade flows Continue Reading
Having drained one glut, OPEC and its allies have found a new, brimming oil hoard to worry about: China’s crude reserves. China’s state-and-commercial-owned oil stores will help the Organization of Continue Reading
