Turkey’s state upstream operator TPAO will start drilling for gas east of Cyprus in early July, within the Exclusive Economic Zone (EEZ) claimed by the Republic of Cyprus, an official Continue Reading
Saudi Arabia’s CEO Amin Nasr’s message to the press that oil flows to the market are guaranteed, should be taken with a pinch of salt. Looking at the current volatility Continue Reading
Highlights Crude imports from UAE, Ecuador replace supply from Iran Abu Dhabi grades more expensive than Iranian Heavy crude First intake of Cameroon’s Ebome crude, Australia’s Wheatstone condensate Singapore — Continue Reading
Facing an unexpectedly rigorous enforcement by the U.S. of its re-imposed sanctions on oil and the recent addition of partial sanctions on its petrochemicals sector, Iran is pushing for output Continue Reading
World powers will warn Iran to stick to the terms of their nuclear deal when they meet on Friday for “last chance” talks, but with Tehran feeling the pressure from Continue Reading
Iran’s main demand in talks aimed at saving its nuclear deal is to be able to sell its oil at the same levels that it did before Washington withdrew from Continue Reading
Iran could within days breach part of its 2015 nuclear deal with world powers, a move that could eventually culminate in the return of all international sanctions on the country. Continue Reading
Iran is on course to breach a threshold in its nuclear agreement within days by accumulating more enriched uranium than permitted, although it had not done so yet by a Continue Reading
Royal Dutch Shell ( RDSa.L ) and Exxon Mobil ( XOM.N ) are looking to re-enter the market in Somalia ahead of an oil block bid round taking place later Continue Reading
Moscow’s support for Venezuelan President Nicolás Maduro has been an irritant in its relations with Washington, which recognizes opposition leader Juan Guaidó as the country’s legitimate head of state. In Continue Reading
