OPEC Splits at Its Core, Risking Deal That Underpins Oil Price – Bloomberg
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Iranian MPs seek hardening of nuclear stance after scientist killed
A bill requiring Iran’s government to suspend nuclear inspections unless sanctions are lifted, and ignore other restraints on its nuclear program agreed with major powers, was passed by the hardline-led Continue Reading
Iran parliament backs nuclear enrichment
Iran’s parliament has approved plans to dramatically increase its nuclear enrichment program in contravention of its agreement with global powers as the Islamic regime reels from the aftermath of the Continue Reading
Turkey Halts Mediterranean Oil, Gas Survey On EU Sanctions Threat
Turkey has halted survey for oil and gas in the Mediterranean and had its survey vessel back to a Turkish port, days before European Union leaders are set to discuss Continue Reading
Iraqi oil exports fall as OPEC scrutiny rises
Countrywide exports of 3.143 million bpd suggest Iraq has reduced output, with OPEC-plus members insisting on full quota compliance as they consider extending cuts. Tankers load at the al-Basra Oil Continue Reading
Fracking activity in Argentina’s Vaca Muerta surges in November
Fracking activity in Vaca Muerta shot up 58% month on month in November, reaching the highest level this year, according to data released Dec. 1, as Mexico’s Vista Oil & Continue Reading
Nuclear Scientist’s Killing Prompts Iranian Lawmakers to Act
Iranian lawmakers urged the Rouhani government to restrict United Nations inspections of its nuclear activities and boost uranium enrichment, following the killing last week of a top nuclear scientist. On Continue Reading
Killer Robot? Assassination of Iranian Scientist Feeds Conflicting Accounts
Humiliated by the killing of a top nuclear scientist, Iranian officials sought this week to rewrite the attack as an episode of science fiction: Israel had executed him entirely by Continue Reading
Venezuela Triples Oil Exports Using Ghost Tankers
Venezuela boosted its crude oil exports nearly threefold in November to more than 500,000 barrels per day (bpd), including by hiding the true identity of tankers to avoid detection, Bloomberg Continue Reading
China State Grid Sees New Coal Plant Restrictions After 2026 – Bloomberg
New coal power plants in China will face severe restrictions after 2026 as the country pivots to a carbon-neutral future, according to a researcher with the nation’s main grid operator. Continue Reading