Asian oil customers are looking to secure more oil supplies from Saudi Arabia, Kuwait, and Iraq, to replace oil from Iran after the U.S. announced the new sanctions on Tehran, Continue Reading
“The embassy of the Republic of Korea denies any claims that it would not lift any Iranian crude and condensate in July,” Xinhua reported on Saturday, after last week Reuters Continue Reading
Iraqi security forces shot protestors in an escalation of chronic frustration with a lack of jobs and services, including salty water that shut down the Basra refinery.One protestor was confirmed Continue Reading
Iranian Vice President said on Tuesday it would be a mistake to think the fresh U.S. sanctions against Tehran would have no impact on Iran’s economy when Washington has started Continue Reading
Iraq has extended the deadline for foreign companies and investors to bid for a project to build a 100,000 barrel-per-day refinery in Kut province, the oil ministry said on Tuesday. Continue Reading
The Trump administration is trying to replicate the Obama-era strategy of shutting in Iranian oil exports as a way to pressure the regime into making a series of concessions. But Continue Reading
Oman’s crude oil and condensate production in June jumped to its highest in 16 months, another sign that key producers in the Middle East are beginning to pump more oil, Continue Reading
Exxon Mobil and Eni announce they’ve submitted the development plans for a liquefied natural gas facility to the Mozambique government for approval. Photo courtesy of Eni July 9 (UPI) — Continue Reading
Venezuelan crude sales to the United States recovered in June from May as state-run PDVSA exported more of its diluted oil to its customers and drained inventories from two Caribbean Continue Reading
Chinese officials boasted of advances in the fight against air pollution, through a shifting energy landscape could carry a cost, a consultant group said. An air monitoring report published Monday Continue Reading
