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Month: September 2018

Category:
  • Syria
  • Turkey

Erdogan Accuses U.S. Of Supplying Oil To Syrian Rebels

Turkey’s President Recep Erdogan has lashed out at the United States, accusing Washington of supplying crude oil to a rebel group calling itself the People’s Protection Units, or YPG, which Continue Reading

Posted On : 11 Sep 2018 Published By : Tom Whipple
Category:
  • Iraq

Gulf Keystone Resumes Investing On Boosting Kurdistan Oil Production

London-listed independent operator and producer Gulf Keystone Petroleum said on Monday that it would resume investing in the Shaikan oil field in Iraq’s Kurdistan Region, aiming to boost production to Continue Reading

Posted On : 11 Sep 2018 Published By : Tom Whipple
Category:
  • Iraq

Islamic State Bombs Kirkuk Oil Pipeline

Islamic State militants have bombed an oil pipeline in Kirkuk, northern Iraq, the top security official of the Kurdistan government told local news outlet Rudaw. The terrorists launched two bombs Continue Reading

Posted On : 11 Sep 2018 Published By : Tom Whipple
Category:
  • Iran
  • Russia
  • Turkey

Turkey, Russia, Iran to trade using local currencies: report

Turkey, Russia and Iran reached an agreement to conduct bilateral trade in their own currencies, and to avoid the use of US dollars, Turkey’s state-owned Anatolia news agency reported. Receive Continue Reading

Posted On : 11 Sep 2018 Published By : Tom Whipple
Category:
  • Saudi Arabia

Saudi’s SABIC signs MOU to build petrochemical complex in China

Saudi Basic Industries Corp (SABIC) on Tuesday signed a memorandum of understanding (MOU) with China’s Fujian provincial government to build a petrochemical complex.  SABIC is the third company to announce Continue Reading

Posted On : 11 Sep 2018 Published By : Tom Whipple
Category:
  • Saudi Arabia

Asia buyers to receive more Saudi oil ahead of Iran sanctions: sources

At least three North Asian buyers will receive extra supplies of oil from Saudi Arabia after the kingdom cut its prices for most grades in October and as they look Continue Reading

Posted On : 11 Sep 2018 Published By : Tom Whipple
Category:
  • Iraq

Fiery protests in Basra extinguish hope for Iraq’s pro-U.S. prime minister

Violent protests in this oil-producing city have dealt a fateful political blow to pro-American Prime Minister Haider al-Abadi, all but ending his bid for a second term as both allies Continue Reading

Posted On : 11 Sep 2018 Published By : Tom Whipple
Category:
  • Venezuela

Exclusive: Venezuela signs oil deals similar to ones rolled back under Chavez – document

Venezuela has agreed to hand over at least seven oil fields to little-known companies that will be paid to boost output through contracts similar to ones rolled back under late Continue Reading

Posted On : 11 Sep 2018 Published By : Tom Whipple
Category:
  • Saudi Arabia
  • USA

Why The U.S. Is Suddenly Buying A Lot More Saudi Oil

The cartel’s largest producer and exporter, Saudi Arabia, has been specifically targeting an increase in crude oil exports to the most transparent market, the United States, which reports crude oil Continue Reading

Posted On : 11 Sep 2018 Published By : Tom Whipple
Category:
  • India
  • Iran
  • USA

India Has No Deal To Replace Iranian Oil With U.S. Crude

India will be looking at the economics—and not the politics—of importing U.S. crude oil, and Indian imports of American oil should not be seen as a replacement for Iranian barrels, Continue Reading

Posted On : 11 Sep 2018 Published By : Tom Whipple

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