Oil extended declines toward $40 a barrel as concerns about demand linger with the coronavirus raging across many regions. Infections flared by a record in Hong Kong, and Los Angeles is on the Continue Reading
The cash margin for U.S. LNG exporters improved slightly in the second quarter, but will likely remain negative for the duration of 2020, according to a new report. The LNG Continue Reading
Oil market bulls are in for a surprise if we believe the latest statements from OPEC+ leaders Saudi Arabia and Russia. The official views proponed by the OPEC+ JMCC during Continue Reading
Most parts of Lebanon are receiving no more than two or three hours of electricity a day. An incoming flight at Beirut’s airport had to abort a landing this month Continue Reading
Iran’s Petropars Ltd. signed a contract to more than double output at the South Azadegan oil field, the second deal this month to boost production at a deposit shared with Continue Reading
The United Arab Emirates launched its first mission to Mars on Monday as it strives to develop its scientific and technological capabilities and reduce its reliance on oil. The Hope Continue Reading
Saudi Arabia’s 84-year-old ruler, King Salman bin Abdulaziz, has been admitted to hospital in the capital Riyadh, suffering from inflammation of the gall bladder, state news agency SPA said on Continue Reading
Israel’s cabinet approved a multinational accord to lay a pipeline that will facilitate the export to Europe of natural gas found in Israeli and Cypriot waters. he $6 billion plan, Continue Reading
Ethiopia has been at loggerheads with downstream neighbors Egypt and Sudan for years over a $4.8 billion mega-dam it’s building on the Nile River. Now the standoff is coming to Continue Reading
One of the world’s forgotten conflicts is now making headlines again. In the last week, the military conflict between Azerbaijan and Armenia has reignited, with the two nations having already Continue Reading
