Iraq-U.S. rifts widen after assassinations
Relations between Iraq and the U.S. are descending into uncertainty and turmoil, as Prime Minister Adil Abd al-Mahdi formally notified the U.S. on Monday that he intends to implement a Continue Reading
Libyan commander Haftar’s forces say they have taken Sirte
Libyan forces loyal to eastern-based commander Khalifa Haftar said on Monday they had taken control of the strategic coastal city of Sirte in a rapid advance preceded by airstrikes. Holding Continue Reading
U.N. Libya envoy blames deadly military academy strike on Haftar ally
The United Nations Libya envoy said on Monday that a country supporting commander Khalifa Haftar’s self-styled Libyan National Army (LNA) was likely responsible for a deadly drone attack on a Continue Reading
Libya conflict: Rebel forces ‘seize strategic city Sirte’
The self-styled Libyan National Army is fighting an insurgency against the UN-backed Government of National Accord Rebel forces in Libya say they have taken control of the coastal city of Continue Reading
Turkey’s Energy Agenda Puts The Entire Region At Risk
The East Mediterranean has become a highly contested region due to the discovery of major hydrocarbon reserves which has triggered a scramble for energy wealth. According to the United States Continue Reading
How To Short The World’s Largest Oil Company
Through a combination of bribing local retail investors via preferential loans , threatening wealthy Saudis with a re-run of their treatment in the Ritz Carlton in 2017 , and inveigling Continue Reading
Aramco’s cash could keep US LNG projects on the bubble from bursting
US LNG export terminal developers are stepping up their courtship of Saudi Aramco to secure investments in their projects, following the state-owned oil and gas company’s IPO last month. Receive Continue Reading
Nigeria’s energy sector faces slowdown on lack of reforms
Nigeria’s oil sector may not get a much-needed revamp in 2020 as President Muhammadu Buhari’s state-led economic model will likely throttle reform and blunt efforts to increase oil production in Continue Reading
Analysis: India’s ailing economy may have little room to absorb higher oil prices
The dramatic escalation of Middle East tensions and the risk of higher oil prices will likely prevent a quick recovery in India’s oil products’ appetite, which is already at multiyear Continue Reading
US considering more Venezuela sanctions, may allow oil waiver to expire
The US may respond to escalating political disarray in Venezuela by allowing a sanctions waiver for Chevron and four US oil services companies to expire later this month and could Continue Reading