Iraq’s semi-autonomous Kurdistan Regional Government (KRG) is moving forward with plans to privatize electricity distribution and tariff collection to reduce power losses and streamline billing, multiple KRG energy officials said. Continue Reading
Oman is looking at ‘all financing options’ following the lacklustre sale last week of a total US$2 billion bond offering, according to legal sources working with the Sultanate spoken to Continue Reading
The worst of the oil market is behind us, Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman said on Monday at CERAWeek’s India Energy Forum. “We are still vigilant. I Continue Reading
The U.S. Treasury Department announced new sanctions on Iranian entities, this time including the Petroleum Ministry, the National Iranian Oil Company, and the National Iranian Tanker Company. These were sanctioned Continue Reading
Chevron’s acquisition of Noble Energy launched an ongoing M&A frenzy in the U.S. shale patch as companies look to consolidate to cut costs while adding immediately cash-flow-positive resources to their Continue Reading
The United States on Monday imposed fresh Iran-related sanctions targeting the Islamic Republic’s oil sector, including the Iranian Ministry of Petroleum, in Washington’s latest move to increase pressure on Tehran. Continue Reading
Iran’s oil minister said on Twitter on Monday that Tehran’s oil industry will not yield to pressure from the United States. Minister Bijan Zanganeh said U.S. sanctions against him and Continue Reading
The Trump administration on Monday imposed counterterror sanctions on Iran’s Ministry of Petroleum, the National Iranian Oil Company and its tanker subsidiary in a pre-election move that analysts say will Continue Reading
Getting rid of oil and gas is “far-fetched and unrealistic,” Saudi Energy Minister, Prince Abdulaziz bin Salman, said on Monday, adding that companies and governments should be thinking about how Continue Reading
Iraq is in talks with France’s Total to invest in two gas projects, the country’s oil minister said Oct. 24, as OPEC’s second-largest producer seeks to boost natural gas production Continue Reading
