Offshore oil has built some well-deserved bad rap over the decades because of oil spills, and it has frequently been the specific target of protest action from environmentalists. But if Continue Reading
Higher oil prices and an expected rebound in the global economy and oil demand are set to lower the fiscal breakeven oil price of the major Middle Eastern oil producers Continue Reading
Iran blames regional arch-foe Israel for a sabotage incident at its key Natanz nuclear site and will exact revenge, state TV quoted its foreign minister as saying, in what appeared Continue Reading
Egypt is still in talks about compensation stemming from the operations to free the giant container ship whose stranding in the Suez Canal for nearly a week roiled global cargo Continue Reading
World powers have sought to distance themselves from an alleged attack on Iran’s main uranium enrichment facility that threatens to complicate talks to revive an international nuclear deal with Tehran. The Continue Reading
The Iranian foreign minister, Mohammad Javad Zarif, vowed revenge against Israel on Monday morning, a day after a blackout at an Iranian nuclear enrichment site was attributed to an Israeli Continue Reading
Iran is blaming Israel for what it says was sabotage on its Natanz nuclear site over the weekend and vowed revenge against the perpetrators. Iran uses the Natanz site for Continue Reading
The dispute over so-called field allowances paid to Libya’s Petroleum Facilities Guard has returned, with the potential to lead to some oil terminal closures later this month, industry sources said Continue Reading
Iran’s top diplomat said on Tuesday that an attack on its Natanz nuclear facility which it blames on Israel was a “very bad gamble” that would strengthen Tehran’s hand in Continue Reading
Iran on Monday accused Israel of orchestrating an attack on its main nuclear facility that stirred fears for the future of talks involving Washington and Tehran over a deal to constrain the Continue Reading
