Aramco CEO says oil industry facing ‘a crisis of perception’
Saudi Aramco’s chief executive said on Tuesday the oil industry is facing “a crisis of perception” and the views of some observers that the end of oil is near with Continue Reading
Iran’s Foreign Minister Resigns, in an Instagram Post
Iran’s top diplomat, an architect of the landmark nuclear deal, resigned on Monday, hobbling the relatively moderate government of President Hassan Rouhani and its chances of keeping the pact alive. Continue Reading
Saudi Oil Production Lags Behind Peers In The Mid-East
In this final installment of a series (See also Article 1 and Article 2 ) examining Saudi Arabia’s oil reserves, I want to examine several metrics to see how they Continue Reading
Iran fuel exports restart after KRG relaxes ban
One week after the Kurdistan region stopped all crude and fuel traffic to Iran, the order has been revised and exports have resumed. Tanker trucks have resumed exports to Iran, Continue Reading
South Korea resumes import of Iranian crude in Jan, with talks on waiver
South Korea resumed imports of Iranian crude in January after a four-month hiatus, but the shipments were the lowest amid US sanctions on Tehran, Korea National Oil Corp. data released Continue Reading
Libya’s NOC chairman in UAE to discuss Sharara oilfield crisis
Libya’s state-run National Oil Corp said on Monday its chairman Mustafa Sanalla had arrived in United Arab Emirates to meet with a number of Libyan and international parties to discuss Continue Reading
Haftar forces ‘killed civilians’ in Libya attack
At least 19 people have been killed in southern Libya , according to a member of parliament, as forces loyal to strongman Khalifa Haftar fought for control of oilfields in Continue Reading
Gunmen Attack Anadarko LNG Project In Mozambique
Militants have attacked Anadarko’s LNG project in Mozambique in what is the first attack on the oil and gas industry in the African country, Bloomberg reports , citing Portuguese news Continue Reading
Zimbabwe: Fuel Crisis Deepens but Minister Adamant That ‘I Have Fuel in the Country’
Hundreds of people were left stranded late Monday after a sudden shortage of fuel with public transport operators hiking fares. Reports of people walking on foot to areas like Glen Continue Reading
Nigeria: Measuring Impacts of OPEC Oil Production Cut On Nigeria
With Nigeria relying heavily on oil as its main source of revenue, the recent move by Organization of the Petroleum Exporting Countries (OPEC) to cut down daily oil production of Continue Reading