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Category: Middle East

Category:
  • Iraq

Akkas gas field to start production

Iraqi state companies have been quietly prepping the massive Akkas gas field near the Syrian border to begin production, more than a decade after it was awarded to the Korean Continue Reading

Posted On : 21 Oct 2022 Published By : Tom Whipple
Category:
  • Iraq

Facing critical threats to oil independence, KRG leaders fail to unify

The escalating conflict between the Kurdistan region’s two main political parties is undermining their ability to negotiate with Baghdad over existential threats to their oil sector. The semi-autonomous Kurdistan Regional Continue Reading

Posted On : 19 Oct 2022 Published By : Tom Whipple
Category:
  • Oil Supply
  • United Arab Emirates

FUJAIRAH DATA: Oil product stocks fall for first time in 4 weeks

Drop led by 20% slump in middle distillates Inventories fall from 25-month high Heavy distillates drop most since Aug. 21 Oil product stockpiles at the UAE’s Port of Fujairah fell Continue Reading

Posted On : 19 Oct 2022 Published By : Tom Whipple
Category:
  • United Arab Emirates

UAE says it fully stands with Saudi Arabia to support energy stability, security

 The United Arab Emirates (UAE) on Monday said it fully stands with Saudi Arabia in its efforts to support energy stability and security, UAE state news agency (WAM) reported, citing Continue Reading

Posted On : 18 Oct 2022 Published By : Tom Whipple
Category:
  • Saudi Arabia
  • Ukraine

Saudi Arabia Announces $400 Million In Aid To Ukraine

Saudi state media announced Saturday that the kingdom will provide $400 million in humanitarian aid to Ukraine , following a Friday phone call between Crown Prince Mohammed bin Salman and Continue Reading

Posted On : 18 Oct 2022 Published By : Tom Whipple
Category:
  • Iran
  • Russia
  • USA

Drones Embody an Iran-Russia Alliance Built on Hostility to the U.S.

The Iranian-made drones that Russia sent on Monday to divebomb Ukraine’s capital delivered the most emphatic proof yet that Tehran has become a rare, increasingly close ally to the Kremlin, offering both Continue Reading

Posted On : 18 Oct 2022 Published By : Tom Whipple
Category:
  • Iran
  • Venezuela

Iran Is Sending Crude Oil To Venezuela For Refining

Iran has started refining its crude oil in Venezuela, Iranian media have reported , citing oil minister Javad Owji. Iranian crude is being processed at a rate of 100,000 bpd Continue Reading

Posted On : 17 Oct 2022 Published By : Tom Whipple
Category:
  • Iran

Iran Protests Spread With Uprising at Prison

The protest movement sweeping Iran spread to a Tehran prison known as a symbol of political repression in a new challenge to the Islamic Republic, with detained dissidents chanting antigovernment Continue Reading

Posted On : 17 Oct 2022 Published By : Tom Whipple
Category:
  • Iran

Iran prison fire death toll rises as protests rage

Eight prisoners died as a result of a fire at Tehran’s Evin prison over the weekend, Iran’s judiciary said on Monday, doubling the death toll from the blaze which has Continue Reading

Posted On : 17 Oct 2022 Published By : Tom Whipple
Category:
  • Iran

How Security Forces Cracked Down in Southeastern Iran –

Some of the wounded tried to crawl away to escape the gunfire. Others bled to death on prayer mats as people tried to drag them to safety. But the snipers Continue Reading

Posted On : 15 Oct 2022 Published By : Tom Whipple
Category:
  • Iraq

New President And PM-Designate Spark Unrest Concerns In Iraq

Iraq, OPEC’s second-largest producer, elected a new president on Thursday after months of political deadlock, protests and violent clashes among various militias both in Baghdad’s Green Zone and oil-rich Basra. Continue Reading

Posted On : 15 Oct 2022 Published By : Tom Whipple
Category:
  • Iraq

Iraqi production stays strong in September, but OPEC-plus cuts loom

Iraq’s nationwide oil production held steady in August and September at 4.74 million barrels per day (bpd), according to field-by-field data compiled by Iraq Oil Report.*Output has topped 4.7 million Continue Reading

Posted On : 15 Oct 2022 Published By : Tom Whipple
Category:
  • Nord Stream
  • Turkey

Turkey backs Putin gas plan as Nord Stream faces long outage

Large sections of the damaged Nord Stream pipelines built to supply gas to Europe might need to be replaced, the head of Gazprom said, while Turkey on Friday backed Russian Continue Reading

Posted On : 15 Oct 2022 Published By : Tom Whipple
Category:
  • Iraq

Rockets strike Iraq’s Green Zone as deadlocked parliament meets

 Nine rockets landed on Thursday around the Iraqi capital’s Green Zone, home to government buildings and foreign missions, the military said, shortly before parliament began a session to elect a Continue Reading

Posted On : 14 Oct 2022 Published By : Tom Whipple
Category:
  • Saudi Arabia

Saudi Arabia pushed other OPEC nations into oil cut, White House claims

Saudi Arabia pushed other OPEC+ nations into an output cut last week, the White House claimed on Thursday, part of an escalating war of words between the two countries. “More Continue Reading

Posted On : 14 Oct 2022 Published By : Tom Whipple
Category:
  • Iran

Iran’s Women Brave Extraordinary Risks to Protest

A 23-year-old Iranian woman who refused to put on a headscarf was shot in the face by security forces with anti-riot pellets. A divorced mother who faced down police spent Continue Reading

Posted On : 14 Oct 2022 Published By : Tom Whipple
Category:
  • Turkey

Putin touts Turkey gas hub while Europe looks to cut consumption

 President Vladimir Putin touted Turkey on Thursday as the best route for redirecting gas supplies to the European Union after Nord Stream pipeline leaks, while Western nations focused on efforts Continue Reading

Posted On : 14 Oct 2022 Published By : Tom Whipple
Category:
  • Iraq

Rockets strike Iraq’s Green Zone as deadlocked parliament meets

 Nine rockets landed on Thursday around the Iraqi capital’s Green Zone, home to government buildings and foreign missions, the military said, shortly before parliament began a session to elect a Continue Reading

Posted On : 13 Oct 2022 Published By : Tom Whipple
Category:
  • Iran

Iran toughens crackdown as some oil workers reported to join protests

Iranian security forces intensified a crackdown on anti-government protests in several Kurdish cities on Monday, as demonstrations elsewhere in Iran spread into the country’s vital energy sector. Protests have swept Continue Reading

Posted On : 11 Oct 2022 Published By : Tom Whipple
Category:
  • Iran

Iran Oil Workers Strike as Antigovernment Protests Expand

The southern Iranian port town of Assaluyeh, where workers have blocked roads and protested. Workers at a petrochemical complex in southern Iran went on strike Monday, the latest sign that Continue Reading

Posted On : 11 Oct 2022 Published By : Tom Whipple
Category:
  • Israel
  • Lebanon

Israel says ‘historic’ sea border deal struck with Lebanon

Israel’s prime minister said Tuesday that the country has reached a “historic agreement” with neighboring Lebanon over their shared maritime border after months of U.S.-brokered negotiations. It’s a rare agreement Continue Reading

Posted On : 11 Oct 2022 Published By : Tom Whipple
Category:
  • Saudi Arabia

U.S. Looks To Punish Saudi Arabia For Large OPEC+ Cut

Saudi Arabia’s latest move to cut crude oil production, despite U.S. please not to do so, should not have surprised Washington, and yet it did The immediate impact on crude Continue Reading

Posted On : 11 Oct 2022 Published By : Tom Whipple
Category:
  • Saudi Arabia
  • USA

Senior U.S. Senator Wants To Halt All Cooperation With Saudi Arabia

U.S. Democratic Senator Bob Menendez, who is chairman of the U.S. Senate Foreign Relations Committee, blasted Saudi Arabia for leading the OPEC+ group into announcing a cut in oil production Continue Reading

Posted On : 11 Oct 2022 Published By : Tom Whipple
Category:
  • Saudi Arabia
  • USA

OPEC+ oil output cut shows widening rift between Biden and Saudi royals

U.S. President Joe Biden and Saudi Crown Prince Mohammed bin Salman attend an Arab summit, in Jeddah, Saudi Arabia, July 16, 2022. REUTERS/Evelyn Hockstein/File Photo WASHINGTON/LONDON, Oct 8 (Reuters) – Continue Reading

Posted On : 10 Oct 2022 Published By : Tom Whipple
Category:
  • Saudi Arabia

Saudi Aramco to maintain full oil supplies to Asia in Nov despite OPEC+ cuts

A view shows branded oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo SINGAPORE, Oct 10 (Reuters) – Saudi Aramco has told Continue Reading

Posted On : 10 Oct 2022 Published By : Tom Whipple
Category:
  • Israel
  • Lebanon

Testing Begins At Heavily Disputed Natural Gas Field Between Israel And Lebanon

Energean has started doing tests on pipes from the Karish offshore gas field in the Eastern Mediterranean and Israel, which claims ownership of the field although neighbor Lebanon disputes this. Continue Reading

Posted On : 10 Oct 2022 Published By : Tom Whipple
Category:
  • Iran

‘A time bomb’: Anger rising in a hot spot of Iran protests

 Growing up under a repressive system, Sharo, a 35-year-old university graduate, never thought she would hear words of open rebellion spoken out loud. Now she herself chants slogans like “Death Continue Reading

Posted On : 10 Oct 2022 Published By : Tom Whipple
Category:
  • Iraq

Backup plans emerge for Iraqi gas as TotalEnergies faces delays

Oil companies in southern Iraq are pivoting to backup plans for reducing gas flaring — a sign they are not counting on France’s TotalEnergies to move ahead with a major Continue Reading

Posted On : 8 Oct 2022 Published By : Tom Whipple
Category:
  • Saudi Arabia
  • USA

OPEC+ oil output cut shows widening rift between Biden and Saudi royals

The OPEC+ organization’s decision this week to cut oil production despite stiff U.S. opposition has further strained already tense relations between President Joe Biden’s White House and Saudi Arabia’s royal Continue Reading

Posted On : 8 Oct 2022 Published By : Tom Whipple
Category:
  • Iraq

September exports steady as northern oil sales rebound

Revenues fell with global oil prices, but higher export volumes through Ceyhan helped offset a pipeline leak that temporarily halted Basra Gulf tanker loadings,       Iraq’s nationwide exports edged Continue Reading

Posted On : 8 Oct 2022 Published By : Tom Whipple
Category:
  • Lebanon

Lebanon says maritime deal ‘make or break’ after Israel snubs request for changes

Lebanon said U.S.-brokered talks to demarcate its maritime border with longtime foe Israel were at a “make or break” point on Thursday after Israel rejected revisions to a draft deal Continue Reading

Posted On : 7 Oct 2022 Published By : Tom Whipple
Category:
  • Iran

Iranian Rial Plunges To Record Low

Iran’s national currency, the rial, fell to a record low against the U.S. dollar amid a wave of protests triggered by the death in custody of a young woman. The Continue Reading

Posted On : 5 Oct 2022 Published By : Tom Whipple
Category:
  • Iran

Iran’s Crippled Economy Sustains Protests After Religious Police Lit Flame

The protests that have gripped Iran for three weeks started over a headscarf, but are morphing into a broader movement fueled by middle-class anger over the country’s collapsing economy. Iran’s Continue Reading

Posted On : 5 Oct 2022 Published By : Tom Whipple
Category:
  • Israel
  • Lebanon

Israel, TotalEnergies hold Paris talks on gas field off Lebanon, source says

A senior Israeli official was in Paris on Monday for talks with TotalEnergies SE (TTEF.PA) about potential future profit-sharing from exploration by the company in a natural gas field off Continue Reading

Posted On : 4 Oct 2022 Published By : Tom Whipple
Category:
  • Iran

Iran’s Supreme Leader Condemns Protests Gripping Country

Iran’s supreme leader, Ayatollah Ali Khamenei, broke his silence Monday on the protests that have engulfed the country, accusing Israel and the United States of fomenting them and expressing his Continue Reading

Posted On : 4 Oct 2022 Published By : Tom Whipple
Category:
  • Yemen

Houthis Warn Oil Firms To Leave Saudi Arabia And The UAE

Yemen’s Houthis have warned oil companies operating in Saudi Arabia and the United Arab Emirates (UAE) to pack up and leave as the warring sides in the Yemeni conflict failed Continue Reading

Posted On : 4 Oct 2022 Published By : Tom Whipple
Category:
  • Israel
  • Lebanon

Israel, Lebanon Near Maritime Border Deal, Opening Up New Gas Source for Europe

Israel and Lebanon are close to striking a U.S.-brokered deal on maritime borders that would allow Israel to export gas to Europe and mark a rare instance of economic cooperation Continue Reading

Posted On : 4 Oct 2022 Published By : Tom Whipple
Category:
  • Middle East

Fuel for Thought: North Sea oil drone threat prophesied in the Middle East

North Sea waters have been considered one of the world’s most secure offshore basins for producing crude until now. Equinor, Total Energies and ConocoPhillips have all raised the security level Continue Reading

Posted On : 3 Oct 2022 Published By : Tom Whipple
Category:
  • Saudi Arabia

Saudi Arabia Is Seen Planning Budget Around Sub-$80 Oil for 2023

Skyscrapers in Riyadh, Saudi Arabia. Photographer: Waseem Obaidi/Bloomberg Saudi Arabia is budgeting for Brent oil at around $76 a barrel next year, according to Al Rajhi Capital, an outlook in Continue Reading

Posted On : 1 Oct 2022 Published By : Tom Whipple
Category:
  • Iran
  • Iraq

Iran strikes opposition targets deep in Iraqi Kurdistan

Iran’s military operations against opposition groups in Iraqi Kurdistan escalated sharply on Wednesday as it launched three sets of drone and missile attacks deep inside Iraqi territory, killing at least Continue Reading

Posted On : 30 Sep 2022 Published By : Tom Whipple
Category:
  • Iran
  • Russia

Russia At The Forefront Of Development Of Huge Iranian Oil Fields

Iran fast-tracks development of two West-Karoun oil fields with $7 billion plan. The Azadegan fields are shared with Iraq in which it forms the supergiant Majnoon field. Russian oil firms Continue Reading

Posted On : 28 Sep 2022 Published By : Tom Whipple
Category:
  • Israel
  • Lebanon

An Israel-Lebanon Border Deal Could Increase Natural Gas Supplies

Israel and Lebanon have been at war since 1948, but the countries are close to an agreement that could increase production of natural gas, helping energy-starved Europe. Officials from the Continue Reading

Posted On : 27 Sep 2022 Published By : Tom Whipple
Category:
  • Iran

Why Iranians Are Protesting Once Again –

The 22-year-old woman emerged from the Tehran subway, her dark hair covered with a black head scarf and the lines of her body obscured by loose clothing, when the capital Continue Reading

Posted On : 26 Sep 2022 Published By : Tom Whipple
Category:
  • Iraq

Kurdistan Exported $3.8 Billion Worth Of Oil Over Three Months

The autonomous Iraqi region of Kurdistan exported over 37 million barrels of crude oil over the three months to June this year, making $3.8 billion from the sales, local media Continue Reading

Posted On : 26 Sep 2022 Published By : Tom Whipple
Category:
  • Germany
  • United Arab Emirates

Germany Seals Milestone LNG Deal With The UAE

The United Arab Emirates agreed to an LNG supply deal with Germany’s RWE during Chancellor Olaf Scholz’s visit to the Gulf. The deal only covers one tanker of LNG, or Continue Reading

Posted On : 26 Sep 2022 Published By : Tom Whipple
Category:
  • Iraq

Iraq’s highest court strikes down INOC

Iraq’s highest court has struck down the government order that created the Iraqi National Oil Company (INOC) two years ago, dealing a crippling setback to a nascent effort to restructure Continue Reading

Posted On : 22 Sep 2022 Published By : Tom Whipple
Category:
  • Germany
  • Qatar

Qatar Says Talks With Germany on LNG Contracts Ongoing

Qatari Foreign Minister Mohammed Bin Abdulrahaman Al Thani speaks to Bloomberg’s Annmarie Hordern in New York about energy talks with Germany and the top agenda items as the UNGA kicks Continue Reading

Posted On : 21 Sep 2022 Published By : Tom Whipple
Category:
  • United Arab Emirates

UAE Accelerates Development Of Huge Gas Field As High Prices Persist

The UAE looks to speed up the development of its Ghasha sour gas project. The Ghasha concession is the world’s largest offshore sour gas development. Italian oil major Eni is Continue Reading

Posted On : 21 Sep 2022 Published By : Tom Whipple
Category:
  • Iran

Iran Aggressively Discounts Crude In Bid To Seize Back Market Share

In an attempt to wrestle back China market share from Russia, Iran is reportedly gearing up to slash the price of its sanctioned crude oil stored offshore Singapore, The Straits Continue Reading

Posted On : 20 Sep 2022 Published By : Tom Whipple
Category:
  • Iraq

Weatherford pledges to obey Baghdad’s blacklist and exit Kurdistan

Iraq’s Oil Ministry has removed four oil services firms from a blacklist, including U.S. company Weatherford, after they agreed not to seek new contracts in Iraqi Kurdistan — the latest Continue Reading

Posted On : 20 Sep 2022 Published By : Tom Whipple

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