Iraq is targeting to reach an oil production capacity of 7 million b/d, compared with 5 million b/d currently, and to stop flaring gas as well as importing fuel from Continue Reading
Two weeks after the devastating explosion that damaged or destroyed large sections of Beirut, former Lebanese President Michel Aoun was asked by French television about the possibility of making peace Continue Reading
Turkey has made a major gas discovery in its sector of the Black Sea with the Tuna-1 well, which is estimated to hold 320 Bcm of gas, Turkish President Recep Continue Reading
The United States was further isolated on Friday over its bid to reimpose international sanctions on Iran with 13 countries on the 15-member U.N. Security Council expressing their opposition, arguing Continue Reading
Iraq could lower its reliance on Iranian gas and electricity imports next year if OPEC’s second largest oil producer can implement multi-billion deals signed with US companies and attract Saudi Continue Reading
Russia produced more crude oil than Saudi Arabia in June, beating it to the second place of the largest oil producers in the world, behind the number-one producer, the United Continue Reading
The United States moved to restore all U.N. sanctions on Iran on Thursday, arguing Tehran was in violation of a nuclear deal it struck with world powers in 2015 even Continue Reading
U.S. President Donald Trump on Thursday redoubled his promise to withdraw the few U.S. troops still in Iraq, but said Washington would remain ready to help if neighboring Iran took Continue Reading
Four generations of Ayman Alameer’s family have lived in a large burnt-brick house in this capital’s ancient Old City. He says the house dates back 500 years and in recent Continue Reading
Kuwait is running out of money for the salaries of public servants and will have no money to cover these after November, the country’s finance minister told parliament. Unless oil Continue Reading
