Iraq’s oil exports, excluding those from the semi-autonomous Kurdish region, fell 6% in August from July, the oil ministry said Sept. 1, signaling tighter compliance with its OPEC+ quota. Not Continue Reading
Still struggling to overcome the draining consequences of almost ceaseless conflict and political haggling, Iraq has nevertheless managed to overcome the worst of the 2020 oil market slump in its Continue Reading
The first two quarters of the current year have been brutal to U.S. oil and gas companies. According to Refintiv data , the energy sector has recorded the lowest Q2 Continue Reading
In recent months, the world’s biggest oil exporter, Saudi Arabia, has lost market share in China to the United States as the world’s top oil importer has boosted imports from Continue Reading
Iran on Sunday allowed thousands of its Shia faithful to gather for one of the Islamic sect’s most important religious holidays, the latest attempt on the part of leaders to Continue Reading
Saudi Arabia’s net foreign assets rose slightly in July even as crude prices lingering below $50 a barrel kept the coffers of the world’s largest oil exporter under pressure. The Continue Reading
Saudi Aramco discovered two oil and gas fields in northern parts of Saudi Arabia, the kingdom’s official news agency reported, citing Energy Minister Prince Abdulaziz bin Salman. Gas has started Continue Reading
Twenty Saudi soldiers arrived this week at a U.S. military base close to an oilfield in northeastern Syria, according to Iranian media , which cite a report from a Lebanon-based Continue Reading
ISIS is believed to have been behind a major attack on Syria’s energy infrastructure earlier this week that caused a nationwide blackout following an explosion at the Arab Gas Pipeline. Continue Reading
Gas Gave Israel Geopolitical Leverage. That Changes Everything The Mediterranean is about to become an even bigger fossil fuels minefield in the coming weeks as Israel has ratified the underwater Continue Reading
