Israel-Gaza: How much money does Israel get from the US?
Getty Images President Joe Biden is facing questions from some in his Democratic party about the amount of aid the US sends to Israel. Senator Bernie Sanders has said the Continue Reading
Iraq rejects Exxon’s proposed West Qurna 1 sale
Iraq has rejected ExxonMobil’s effort to sell its stake in the West Qurna 1 oil field to two Chinese companies, raising a cloud of uncertainty and potential conflict over a Continue Reading
Israel-Palestinian conflict: Aid arrives in Gaza as ceasefire holds
Two children from Gaza City and Israel describe their experience of the Israel-Gaza conflict The first convoys of humanitarian aid have arrived in Gaza, hours after a ceasefire between Israel Continue Reading
Saudi Arabia Beats Russia Again To Top Chinese Oil Supplier Spot
Saudi Arabia kept its status as China’s top oil supplier in April, beating Russia for the eighth month in a row as the world’s largest oil buyer imported the lowest Continue Reading
Iran: “Main Agreement” On Lifting Of U.S. Sanctions Reached
Global powers taking part in the indirect U.S.-Iranian talks on a return to the nuclear agreement have accepted that the U.S. sanctions on Iran, including on its oil exports, will Continue Reading
Iran readies for oil sanctions relief, as Rouhani says JCPOA deal close
US, Iranian and European negotiators will convene next week for a fifth – and what they hope will be final – round of talks over reinstating the nuclear deal. Iran’s Continue Reading
Israel-Palestinian ceasefire comes into effect
Palestinians took to the streets to celebrate the ceasefire A ceasefire between Israel and the Palestinian militant group Hamas in the Gaza Strip has come into effect. The ceasefire began Continue Reading
Iran To Bypass Key Oil Chokepoint By Exporting From Jask Terminal
Iran looks to begin as soon as next month crude oil exports from the Jask terminal on the Sea of Oman, without the need to have tankers travel through the Continue Reading
Saudi Aramco Still Most Profitable Oil Company, Despite Lower Production
Saudi Aramco workers. Photo Credit: Saudi Aramco By Faisal Faeq* Despite OPEC+ output reductions and the extra 1 million barrels per day (bpd) voluntarily cut by Saudi Arabia that lowered Continue Reading
Iran Is Planning An Oil Export Boost
Iran is preparing to boost production and exports of crude oil as talks on the nuclear deal with the United States continue to progress, government officials said, as quoted by Continue Reading
Gulf Countries Are Rushing To Unload Non-Essential Oil Assets
For decades, evidence has been piling up which proves mankind’s influence on climate change. Although the global economy remains largely driven by fossil fuels, the energy transition has gained traction Continue Reading
Iran to export first crude cargo from Oman Sea coastal terminal in June: minister
Tehran — Iran will ship the first cargo of crude oil from its new terminal at Jask on the Oman Sea Coast in June, following completion of a key oil Continue Reading
Iran oil minister Zanganeh to step down after June elections: state media
Veteran Iranian oil minister Bijan Zanganeh has said he will not continue in his role once a new president is inaugurated after elections scheduled next month, ministry-run news service Shana Continue Reading
Israel-Gaza violence shows few signs of slowing as global diplomacy ramps up
Cross-border fighting between Israel and Hamas appeared to abate slightly early on Tuesday, with no fatalities logged in Gaza for the first time since hostilities erupted on May 10, and Continue Reading
The U.S. Shouldn’t Hold High Hopes For A Pro-West Iranian President
The U.S. and Iran have been engaged in on-off talks about the resuscitation of the Joint Comprehensive Plan of Action (JCPOA) – the ‘nuclear deal’ – for some months now Continue Reading
The Latest: Israeli jets stage heavy airstrikes in Gaza City
Israeli warplanes have unleashed a series of heavy airstrikes at several locations of Gaza City. Explosions rocked the city from north to south for 10 minutes early Monday. The airstrikes Continue Reading
Israel Rules Out An Immediate Cease-fire With the Palestinians
Israeli Prime Minister Benjamin Netanyahu on Sunday ruled out the prospect of an immediate cease-fire with the Palestinians in the deadly flare-up of Middle Eastern violence, defying growing international demands Continue Reading
Israel says Gaza tunnels destroyed in heavy airstrikes
The Israeli military unleashed a wave of heavy airstrikes on the Gaza Strip early Monday, saying it destroyed 15 kilometers (nine miles) of militant tunnels and the homes of nine Continue Reading
Iran to develop offshore Farzad B gas field without India
The National Iranian Oil Co. is set to sign a $1.78 billion deal with a domestic company to develop the Farzad B gas field in the Persian Gulf, oil ministry Continue Reading
The Saudi Aramco Sale Is A Key Part Of Vision 2030
Higher oil prices this year are helping Saudi Arabia to reduce its budget deficit which soared with the oil price collapse last year. But the Kingdom and its de facto Continue Reading
Iran to Award $1.8 Billion Gas Field Contract to Local Company
Iran’s Petropars Ltd. will be awarded a $1.78 billion contract by the National Iranian Oil Co. to develop the giant Farzad-B gas field that was previously intended to be tapped Continue Reading
Iran Gears Up for Return to Oil Market as U.S. Talks Advance
Iran is preparing to ramp up global oil sales as talks to lift U.S. sanctions show signs of progress . But even if a deal is struck, the flow of Continue Reading
West Bank deaths raise risk of new front in Arab-Israeli conflict
Israeli security forces killed eight people in the occupied West Bank and wounded more than 100 others according to local officials, raising the prospect of a new front emerging in Continue Reading
Hamas Targets Israeli Oil And Nuclear Facilities With Rocket Attacks
Hamas’ militant wing, the Al-Qassam Brigades, announced earlier this week that it is deliberately targeting Israel’s secretive Dimona nuclear reactor site , known as the Shimon Peres Negev Nuclear Research Continue Reading
Israel’s New Challenge: Violence Among Its Own Citizens
Rockets fired by Hamas flew into Israel throughout the week, slamming into towns like Lod and Bat Yam. Another complicated challenge is coming from within, with neighbors turning against neighbors Continue Reading
Israeli-Palestinian Strife Widens as Frantic Calls for Calm Go Unheeded
Violence between Israelis and Palestinians expanded in new directions on Friday, with deadly clashes convulsing the occupied West Bank and anti-Israeli protests erupting along Israel’s borders with two Arab neighbors. Continue Reading
Israel pounds Gaza to curb Palestinian militants but rockets still fly
As the war between Israel and Hamas militants in the Gaza Strip lit up the skies and sent civilians running for cover for the fifth night running on Friday, diplomats Continue Reading
Sarqala power plant highlights KRG progress on gas flaring
A power plant fired by associated gas from the Sarqala oil field is nearing completion, in a sign that Iraq’s semi-autonomous Kurdistan Regional Government (KRG) is taking practical steps towards Continue Reading
Sanctions relief for Iran would pressure rival heavy crude, condensate producers
Four rounds of indirect talks between the US and Iran have so far failed to achieve a breakthrough in negotiations to revive the nuclear deal, but rival producers and traders Continue Reading
Gaza conflict intensifies with rocket barrages and air strikes
Palestinian militants fired more rockets into Israel’s commercial heartland on Thursday as Israel kept up a punishing bombing campaign in the Gaza Strip and massed tanks and troops on the Continue Reading
Israel Steps Up Airstrikes Against Hamas in Gaza, Tries to Contain Violence at Home
Israel’s military said it has begun ground operations against Hamas in Gaza, escalating its offensive against the militant group. Lt. Col. Jonathan Conricus, an Israeli military spokesman, said ground and Continue Reading
Violence flares between Jews and Arabs on streets of Israel
Israel reeled from its worst outbreak of communal violence in years as western and regional powers stepped up diplomatic efforts to end the conflict between Palestinian militants and Israeli forces. Violence Continue Reading
Iraq Revives Its Monster Pipeline Project
Recent news reports were replete with Iraq declaring its willingness to invest $15 billion into new gas-focused projects that could reduce its reliance on one of Baghdad’s long-standing problems, its Continue Reading
Iran To Saudi Arabia: Sell Our Oil And We Will Reduce Houthi Attacks
Iran is looking to persuade its regional rival Saudi Arabia to help it to sell Iranian crude oil on international markets in exchange for limiting attacks from the Iran-aligned Houthi Continue Reading
Chevron Halts Gas Field Off Israel As Violence Flares Up
U.S. supermajor Chevron has complied with instructions from Israel’s energy ministry to shut down operations at the Tamar natural gas field offshore Israel after the violence between Israel and Gaza Continue Reading
U.S. airlines cancel flights to Tel Aviv amid escalating conflict
United Airlines (UAL.O) , Delta Air Lines (DAL.N) , and American Airlines (AAL.O) have canceled flights between the United States and Tel Aviv, according to data by flight tracker FlightAware, Continue Reading
Qatar Could Offer Chinese Firms Stakes In World’s Largest LNG Project
Qatar is in discussions with Chinese state energy giants to potentially make them equity partners in the world’s largest liquefied natural gas (LNG) project, in what could be a strategic Continue Reading
Rocket hits crude oil storage tank at Trans-Israel pipeline: reports
London — A fire broke out at the Trans-Israel or Eilat-Ashkelon pipeline in Ashkelon, Israel, after a rocket from Gaza hit a crude oil storage tank on May 11, according Continue Reading
Chevron shuts in Tamar gas platform offshore Israel amid escalation of violence
Highlights Platform shut in after instructions from energy ministry Continues production from larger Leviathan field Chevron working to ensure gas supplies continue in ‘safe’ manner London — US major Chevron Continue Reading
Live Updates: Israeli-Palestinian Crisis Broadens With Waves of Mob Violence
An Israeli airstrike in the southern Gaza Strip early Wednesday.Credit…Youssef Massoud/Agence France-Presse — Getty Images An explosive new round of hostilities between Israel and Palestinian militants in Gaza broadened with Continue Reading
Conflict Between Israel and Palestinians Continues to Escalate
A new front opened in the military showdown between the Israeli Army and Palestinian militants in Gaza on Wednesday as a wave of mob violence between Jews and Arabs spread Continue Reading
In Iraq, powerful militias kill protesters with impunity
The killings take place in public and are captured on surveillance footage. Those videos are then watched by millions. But even if the gunmen are identified, no one is prosecuted, Continue Reading
Iran has enriched uranium to up to 63% purity, IAEA says
An Iranian flag flutters in front of the International Atomic Energy Agency (IAEA) headquarters in Vienna, Austria, September 9, 2019. REUTERS/Leonhard Foeger “Fluctuations” at Iran’s Natanz plant pushed the purity Continue Reading
Death toll rises in Gaza and Israel in most intense hostilities in years
Israel carried out hundreds of air strikes in Gaza into Wednesday morning as the Islamist group Hamas and other Palestinian militants fired multiple rocket barrages over the border at Tel Continue Reading
Iran’s former hardline president Ahmadinejad to run again
Iran’s hardline former president Mahmoud Ahmadinejad on Wednesday registered to run again in an election in June which is being seen as a test of the legitimacy of the country’s Continue Reading
Iran’s Return To Oil Markets Is Imminent
Following talks in Vienna this month, the U.S. could announce a deal with Iran as early as the end of May, which could lead to the lifting of oil and Continue Reading
Iran registers candidates for presidential polls
Candidates began signing up on Tuesday for Iran’s June 18 presidential polls with the clerical establishment hoping for a high turnout in a vote seen as a referendum on the Continue Reading
U.S. Navy shares photos of enormous Arabian Sea weapons seizure
The U.S. Navy has shared photographs of an illicit arms shipment that it said it found aboard an intercepted ship in the Arabian Sea. The images, taken Saturday, showed thousands Continue Reading
Saudi Arabia’s Covid Aid Comes At A Cost For India
At a time when oil and gas investors have been celebrating the latest oil rally after OPEC+ pledged to maintain strict production discipline, not everybody is pleased with the direction Continue Reading
U.S. and Iran Want to Restore the Nuclear Deal. They Disagree Deeply on What That Means.
President Biden and Iran’s leaders say they share a common goal: They both want to re-enter the nuclear deal that President Donald J. Trump scrapped three years ago, restoring the bargain that Continue Reading