Top oil exporter Saudi Arabia may raise prices of light crude grades to Asia for the second straight month in August on the back of record distillate margins and strong Continue Reading
For more than a decade, he was a feared presence in Iran, presiding over a vast intelligence apparatus. He crushed domestic dissent and political rivals and expanded covert operations beyond Continue Reading
Workers operate a drilling rig at the West Qurna 2 oil field in Basra. (ALI ABU IRAQ/Iraq Oil Report) Two of the world’s biggest oil services companies have informed the Continue Reading
Iran has applied to join the BRICS group of major emerging economies, which includes China, Russia, and India, Reuters reported on Tuesday, a move that would help to secure an Continue Reading
Highlights Plateau target reduced to 1.7 mil b/d from 2.1 mil b/d Field currently producing 1.4 mil b/d BP, PetroChina lead contractors Iraq has lowered the production plateau target of Continue Reading
French President Emmanuel Macron said on Monday the president of the United Arab Emirates, Sheikh Mohammed bin Zayed al-Nahyan (MbZ), had told him two top OPEC oil producers, Saudi Arabia Continue Reading
Jizan adds 400,000 b/d to Saudi refining capacity Saudi petroleum products up 17% in 2021 Crude reserves remain largely flat Saudi Arabia’s refining capacity rose 13.7% in 2021, one of Continue Reading
A mortar shell fired from an undisclosed location landed within the perimeter of the Khor Mor gas field on Friday, the second attack in three days. The attack did not Continue Reading
The Kurdistan Regional Government’s (KRG) lawsuit against several federal Oil Ministry leaders was delayed Tuesday — the latest development in a series of legal battles over the implementation of February’s Continue Reading
India is providing safety certification for dozens of ships managed by a Dubai subsidiary of top Russian shipping group Sovcomflot, official data showed, enabling oil exports to India and elsewhere Continue Reading
