Saudi Arabia drew again on its crude stockpiles in February, while exports fell, reflecting the impact of its voluntary 1 million b/d production cut in addition to its OPEC+ production Continue Reading
Even before the Joint Comprehensive Plan of Action (JCPOA) ‘nuclear deal’ was agreed in 2015 between Iran and the P5+1 (U.S., U.K., France, China, Russia plus Germany), the issue of Continue Reading
Sinopec to develop eastern Mansuriyah gas field Iraq wants to boost gas output amid Iranian imports Most gas production is pumped with oil Iraq awarded Sinopec a contract to develop Continue Reading
China’s crude oil imports from top supplier Saudi Arabia rose 8.8% in March from a year earlier, driven by strong demand and as shipments delayed due to a port congestion Continue Reading
A 5.9 magnitude earthquake in southern Iran partially has damaged a critical oil facility and disrupted production, state television reported April 18. Not registered? Receive daily email alerts, subscriber notes Continue Reading
Iran on Friday has announced its latest nuclear fait accompli , saying that it’s obtained for the first time ever 60% enriched uranium overnight . This marks the highest level Continue Reading
Militants using explosives attacked two oil wells northwest of Kirkuk in northern Iraq on Saturday but no significant damage resulted and production was not affected, the Iraqi oil ministry said. Continue Reading
Iran’s state television on Saturday identified a man it said was behind a recent explosion at its main Natanz nuclear plant. “Reza Karimi, the perpetrator of this sabotage…, has been Continue Reading
Iran said Friday it had enriched uranium at 60% purity for the first time, a move that comes in response to an attack on its main nuclear facility, and which Continue Reading
The world’s largest oil company and biggest oil exporter, Saudi Aramco, has resumed tendering and development work on major offshore oil expansion projects that would give Saudi Arabia another 1.15 Continue Reading
