Pivoting away from negotiations with ExxonMobil, Iraq is now putting the Ratawi oil field at the center of a prospective upstream, gas, and power deal with Saudi Arabia. Iraqi Oil Continue Reading
CAIRO (Reuters) – Saudi Arabia’s 84-year-old ruler, King Salman bin Abdulaziz left King Faisal hospital in Riyadh after recovery, the state news agency reported on Thursday. The Saudi king was Continue Reading
Iran, creaking under the impact of U.S. sanctions, a collapse in oil sales and a severe COVID-19 epidemic, is scrambling to buy food and medicine to avoid a supply crunch. Continue Reading
Torrential rains have submerged at least a quarter of Bangladesh, washing away the few things that count as assets for some of the world’s poorest people — their goats and Continue Reading
More than half of the residents in the densely populated slums of India’s financial capital of Mumbai had been exposed to the coronavirus and developed antibodies as of early July, Continue Reading
As global warming pushes up ocean levels around the world, scientists have long warned that many low-lying coastal areas will become permanently submerged. But a new study published Thursday finds that much Continue Reading
Chinese state-held giant China National Petroleum Corporation (CNPC) is in advanced talks to buy a 10-percent stake in a giant natural gas field in Oman from BP in a deal Continue Reading
China’s manufacturing activity edged up in July and export orders strengthened despite weak U.S. and European demand, a survey showed Friday, in fresh signs the world’s second-largest economy is gradually Continue Reading
U.S. consumer spending likely rose in June but appears to have weakened in recent weeks as coronavirus cases increased, restraining the economic recovery. Americans’ ability and willingness to spend will Continue Reading
An official gauge of China’s factory activity expanded at a faster pace in July, as improving demand inside and outside the country kept the recovery of the world’s second-largest economy Continue Reading
