Iran to Boost Oil-Output Capacity
Iran is expanding its oil-production capacity in anticipation that an eventual end of sanctions would allow it to wrest back its share of the global crude market, according to Oil Continue Reading
Iranian Energy News: Persia Oil Signs Deal for Yaran Field
Iran’s Persia Oil and Gas Industry Development Co. signed a $463 million agreement with state-run National Iranian Oil Co. to operate and further develop Yaran oil field close to the border Continue Reading
Mystery swirls around explosion at Iran’s Natanz nuclear facility
An explosion at the heart of Iran ‘s nuclear programme in the dead of night. An obscure group called the Cheetahs of the Homeland takes credit for it. Then there Continue Reading
Libya Lifts Force Majeure On All Oil Exports
After six months of port blockades and no exports, Libya’s National Oil Corporation (NOC) said on Friday that it lifted force majeure on all oil exports from Libya, potentially giving Continue Reading
The Battle For Libya’s Oil Heats Up
The battle for Libya is threatening to turn into direct clashes between the Turkish and Egyptian militaries, now that Turkey has categorically rejected Egypt’s ceasefire deal. This rejection was followed Continue Reading
Libya’s output recovery will be slow, says NOC, as it lifts force majeure
Force majeure lifted from all key terminals Production increase will take long time due to technical problems Kriti Bastion tanker loading crude from Es Sider Libya’s National Oil Corporation lifted Continue Reading
U.S., Libya Suspect Maduro-Haftar Gold Trade Scheme
The United States and Libya are probing a suspected scheme in which eastern Libyan strongman Khalifa Haftar is allegedly paying Nicolas Maduro’s regime in Venezuela U.S. dollars in exchange for Continue Reading
Venezuela Oil Minister Gets Covid-19 Days After Meeting Maduro
Venezuela’s Oil Minister Tareck El Aissami said he’s tested positive for Covid-19 five days after a televised meeting alongside President Nicolas Maduro. He is the second close ally of President Maduro Continue Reading
Exxon Restarts Drilling at Offshore Hotspot in Voting Crisis
Exxon Mobil Corp. resumed drilling in Guyana last month, underscoring its dedication to the offshore hotspot despite the oil price crash and a messy turn in local politics. Two of Exxon’s Continue Reading
Trump Dims Hopes for New China Trade Deal
While the U.S. deals with the new coronavirus, racial injustice and a presidential campaign, tensions with China continue to unfold. WSJ’s Gerald F. Seib explains. Photo: Wang Zhao/AFP President Trump Continue Reading