Iraq Looks To Be Exempted From OPEC+ Cuts In Q1 2021
Iraq has asked OPEC to be exempted from oil export cuts in the first quarter of 2021, the oil minister of OPEC’s second-largest producer and the least compliant member of Continue Reading
Turkey Says It’s Open To Dialogue With Greece To End Drilling Dispute
Turkey said on Tuesday that it was open to dialogue with its neighbor Greece to end the dispute over the oil and gas resources in the eastern Mediterranean and the Continue Reading
Iraq wants to be exempt from OPEC export cuts in Q1 2021: oil minister
Highlights OPEC+ cuts apply to output, not exports Country discussed exemptions in three meetings with OPEC Iraq is among worst offenders in quota busting this year Dubai — Iraq is Continue Reading
After Hifter’s ouster in Libya, Tripoli government descends into infighting
Less than three months after pro-government forces pushed a renegade warlord out of the Libyan capital of Tripoli, infighting within the government now threatens to unravel it and plunge the country into Continue Reading
Iran Ramps Up Production At Supergiant South Pars Gas Field
Reaching natural gas production of one billion cubic meters per day (bcm/d) has been one of the three core hydrocarbons resource strategies of Iran since the Islamic Republic began to Continue Reading
Exclusive: Brazil Amazon fires likely worst in 10 years, August data incomplete, government researcher says
The official August data on the number of fires in Brazil’s Amazon needs to be corrected and will likely show an increase over last year, meaning that blazes surged to Continue Reading
Argentina’s YPF to redeploy rigs in Vaca Muerta on export potential: governor
Argentina’s state-backed energy company YPF plans to redeploy 46 rigs in the Vaca Muerta region over the next six months, helping to revive oil and natural gas output from the Continue Reading
Exxon Faces Greater Demands from Papua New Guinea
Papua New Guinea is demanding a greater share of the country’s resource wealth, stepping up its battle with companies including Exxon Mobil Corp. and Barrick Gold Corp. Prime Minister James Continue Reading
China Said to Plan Broad Chip Sector Support to Fight Trump
China is planning a sweeping set of new government policies to develop its domestic semiconductor industry and counter Trump administration restrictions, conferring the same kind of priority on the effort Continue Reading
Indonesia’s Virus Cases Jump by a Record as Fatalities Also Rise
Indonesia posted a record number of new coronavirus cases on Thursday, since hitting an all-time high less than a week ago. There were 3,622 fresh cases reported over the past Continue Reading