The new Biden Administration has largely been focused on fulfilling its election promises in its first month in power. After reversing an extensive list of Trump policies via executive orders, Continue Reading
Iraq needs crude oil to trade at $80 a barrel to be able to plug its budget holes, according to oil minister Ihsan Abdul Jabbar Ismail. In an interview with Continue Reading
Saudi state oil giant Aramco remained the second most valuable brand in the oil and gas industry last year, with a value of $35.7 billion, according to Brand Finance. This Continue Reading
Iran has denied any knowledge of an oil tanker that the United States has targeted for seizure because it was used to export crude from Iran despite U.S. sanctions, Bloomberg Continue Reading
Iraq plans to ramp up its refining capacity by more than 80,000 b/d in 2021, oil minister Ihsan Ismaael said Feb. 8, as OPEC’s second largest producer seeks to lower Continue Reading
The new Biden Administration has largely been focused on fulfilling its election promises in its first month in power. After reversing an extensive list of Trump policies via executive orders, Continue Reading
Highlights 574 MW gas-fired power plant being phased out Saudi Aramco, SABIC, Maaden could get involved ‘Various scenarios’ of 15-30 GW of installed renewables capacity Dubai — Saudi Arabia’s future Continue Reading
President Biden said the U.S. won’t make the first move to restart negotiations with Tehran over the 2015 nuclear accord, indicating he would only lift sanctions if Iran stops enriching Continue Reading
Iran’s Supreme Leader Ayatollah Ali Khamenei said on Sunday that Tehran’s “final and irreversible” decision was to return to compliance with the 2015 nuclear deal only if Washington lifts sanctions Continue Reading
Iran’s natural gas production has reached a record high even as US sanctions caused major international exploration companies to scale back their activities in the Islamic Republic. Receive daily email Continue Reading
