Iran Expects To Sell 2.3 Million Bpd In 2021
Iranian authorities seem confident they could be able to sell as much as 2.3 million barrels per day (bpd) of oil in the next Iranian year that begins in March Continue Reading
ADNOC and Exxon Sign Tech Deal
ADNOC has signed a strategic framework agreement with Exxon Al Khalij Inc focused on exploring joint technology research and development partnership opportunities across the oil and gas upstream value chain. Continue Reading
U.S. military dispatches B-52 bombers to Middle East as show of force against Iran
Iraqi police stand near a poster of Iranian commander Qasem Soleimani, who was killed in a U.S. strike nearly a year ago. Tensions between Iran and the United States have Continue Reading
Aramco To Sell Stakes In Subsidiaries To Raise Cash
Saudi Arabia is looking to plug budget gaps by having its state-run oil giant, Saudi Aramco, sell some stakes in its subsidiaries, according to anonymous Bloomberg sources. The Kingdom’s oil Continue Reading
Missiles, bullying claims, a tragic death: what’s going on at Saudi Aramco?
When Alwyn Whitcher took a job with Saudi Aramco in 2017, he believed he was joining a company with a history of valuing the expatriate engineers who helped build and Continue Reading
Chinese Oil Deal Could Bail Out Cash-Strapped Iraq
Iraq has picked a Chinese state-owned oil producer and trader to pay it upfront for oil, providing much-needed cash to the Iraqi government which has been struggling to make ends Continue Reading
EU plans to hit Turkey with more sanctions over Med drilling
European Union leaders early Friday gave the green light for the expansion of sanctions against Turkey over its exploration of gas reserves in Mediterranean waters claimed by EU members Greece Continue Reading
Iraq’s northern Khabbaz field on fire after two wells targeted in terrorist attack: official
Two oil wells in Iraq’s northern Khabbaz field in Kirkuk province are on fire after they were targeted by explosive devices, an oil ministry official said Dec. 9, a week Continue Reading
Russia Tightens Its Grip On Kurdistan Oil
The oil-producing subsidiary of Russian state gas giant Gazprom, Gazprom Neft, has announced that it plans to launch a fourth well at the Sarqala field in Iraq’s semi-autonomous region of Continue Reading
Khabbaz wells burn as security in northern oil sector worsens
Two wells at the Khabbaz oil field in Kirkuk province were bombed early Wednesday, highlighting the persistent security risks to oil infrastructure in northern Iraq. As authorities battle to put Continue Reading