Iraq dangles energy deals ahead of Kadhimi-Trump meeting
Chevron would negotiate a joint venture with Iraqi state companies for exploration rights in southern Iraq — a deal that could set a positive tone during a state visit to Continue Reading
Haftar May Reopen Oil Ports In Libya To Tackle Power Shortages
Libyan ports could reopen to release the fuel needed to end power shortages ports of the country, The National reports , citing the commander of a group affiliated with Khalifa Continue Reading
Could The GNA Ever Successfully Control Libya’s Oil?
Introduction The success of the Tripoli-based Government of National Accord (GNA) in forcing the withdrawal of the eastern-based Libyan National Army (LNA) from northwestern Libya has led to a temporary Continue Reading
Saudi Oil Minister: Global Oil Demand Could See A 97% Recovery By The End Of 202
Global oil demand is set to recover to near pre-covid-19 levels by the end of this year, Saudi Arabia’s energy minister Prince Abdulaziz said today prior to the OPEC+ Joint Continue Reading
U.A.E. Links Arab World’s First Nuclear Reactor to Power Grid
The Barakah nuclear plant. The United Arab Emirates connected the Arab world’s first nuclear power plant to the country’s grid and began providing electricity, crossing the final threshold to membership Continue Reading
Nigeria: Ministry to Present Oil Reform Bill to Buhari – Sources
President Muhammadu Buhari. The Ministry of Petroleum Resources will soon present a long-awaited oil and gas reform bill to the president aimed at boosting output and attracting foreign investment, three Continue Reading
Trump Administration Weighs Tighter Venezuelan Oil Sanctions
The Trump administration is considering additional sanctions on Venezuela aimed at halting the remaining fuel transactions permitted with the South American nation, according to people familiar with the matter. The measures Continue Reading
U.S. eyes October deadline to end exemptions on Venezuela oil sanctions: sources
The United States is considering an October deadline for ending exemptions to Venezuelan sanctions that allow some companies and refiners to still receive the South American producer’s oil, two sources Continue Reading
Ships Skipping Hong Kong for Re-Fueling on Strict Virus Rules
Ships are skipping Hong Kong for re-fueling after the city implemented strict quarantine regulations at its port to curb the spread of the coronavirus, leaving bunker fuel traders reeling from Continue Reading
Is This The End Of China’s Oil Buying Spree?
China’s record-breaking crude oil imports supported oil prices through the late spring and summer when oil demand recovery in the rest of the world had just started and then wobbled Continue Reading