Arab residents of the oil-rich Deir Ezzor area in Syria have been protesting for weeks against the U.S.-backed Kurdish forces that control the region east of the Euphrates river, with Continue Reading
The Cabinet threw political weight behind the Southern Iraq Integrated Project, injecting momentum into negotiations over a massive infrastructure deal that is critical to Iraq’s production and export growth. Iraq’s Continue Reading
Oil prices have fallen sharply on fears of a global economic slowdown, but the markets are overlooking the possibility of a serious outage in Libya as civil war drags on. Continue Reading
Turkey said that it plans on drilling for natural gas in Cypriot waters, raising tension in the region and drawing rebukes from the European Union and the United States. The Continue Reading
Saudi Aramco, which has an ambitious plan to grow its natural gas business, is considering investing in the Marcellus shale gas assets of Norway’s Equinor in what would be the Continue Reading
Iraq oil minister Thamer Ghadhban said on Wednesday he expects his ministry to sign an initial deal with Exxon Mobil and PetroChina “very soon”, but did not give a specific Continue Reading
Saudi Arabia is expected to keep its crude exports below 7 million barrels per day in June, while output will stay under its production quota under a global deal to Continue Reading
Nigeria’s deepwater operations have generated over $180 billion following a capital investment of more than $65billion made by the players in the oil and gas industry, the Group Managing Director, Continue Reading
U.S. President Donald Trump said on Wednesday he would be happy to keep tariffs on Chinese imports, prompting Beijing to threaten retaliation, as the world’s two largest economies prepared to Continue Reading
The U.S. Trade Representative’s office filed paperwork to formally raise tariffs to 25% from 10% on about $200 billion a year of Chinese imports effective on Friday, carrying through on Continue Reading
