Iraq’s oil minister said on Sunday his country was committed to an OPEC-led crude output cut, which has supported prices and would not decide unilaterally on any production boost to Continue Reading
Egypt expects the 1.6 gigawatt solar park it is building in the south of the country to be operating at full capacity in 2019, the investment ministry said in a Continue Reading
The Trump administration is deploying a carrier strike group and bombers to the Middle East in response to troubling “indications and warnings” from Iran and to show the United States Continue Reading
The United States is deeply concerned by Turkey’s announced intentions to begin offshore drilling operations in an area claimed by Cyprus as its exclusive economic zone, a State Department spokesperson Continue Reading
Israel will resume gas production from offshore Tamar field after a ceasefire brought an end to a surge in violence in the Gaza Strip, the energy ministry said on Monday. Continue Reading
The summer of 2019 could be a watershed moment in global commodity markets. The next couple of months, could see a major reshuffle of global commodity trade and financial markets Continue Reading
Protesters in Nigeria’s Nembe region barricaded the logistics base of oil company Aiteo on Sunday and briefly disrupted its operations, the company said. Aiteo had just reopened its Nembe Creek Continue Reading
President Trump threatened to drastically ramp up U.S. tariffs on Chinese imports, an 11th-hour twist that puts in doubt whether the two sides can reach a trade deal this week. Continue Reading
A region in Australia has recently lifted a moratorium on fracking. Local companies aim to begin this year exploration of what they believe are huge shale gas reserves, potentially capable Continue Reading
Shell is seeking to sell its minority stake in a liquefied natural gas (LNG) project in Indonesia, hoping to get US$1 billion for its 35-percent interest in the US$15-billion project, Continue Reading
