The Trump administration is ending sanctions waivers that allow Russian, Chinese and European companies to do work at sensitive Iranian nuclear sites, following an internal battle between Iran hawks and Continue Reading
With Rosneft having effectively taken control of Kurdistan’s oil and gas sector in northern Iraq through the deal done in November 2017, Russia had been looking to leverage this presence Continue Reading
Iraq’s oil-rig count has tumbled by almost two-thirds this year after international oil companies were ordered to cut spending because of the oil crash and OPEC’s second-largest producer agreed to Continue Reading
Russia became the top crude oil supplier to China last month, overtaking Saudi Arabia with an average of 1.75 million bpd versus 1.26 million bpd for Saudi Arabia, Reuters has Continue Reading
Iran plans to stop exporting gas condensates and instead refine the volumes domestically to produce gasoline and naphtha, oil minister Bijan Zanganeh said Monday. Receive daily email alerts, subscriber notes Continue Reading
A second tanker dispatched by Iran was welcomed Monday by Venezuelan naval frigates and helicopters as it entered national waters, a lifeline for embattled Venezuelan President Nicolás Maduro that reflects Continue Reading
Businesses in Iran, including those deemed “high risk,” should resume work Tuesday, the state-run Islamic Republic News Agency reported, citing the head of the Tehran Chamber of Trade Unions. The Continue Reading
The first of five Iranian tankers carrying fuel to Venezuela has moored at Venezuela’s El Palito refinery, Iran’s English-language Press TV reported on Monday. Iran is providing Venezuela with 1.53 Continue Reading
Libyan military commander Khalifa Haftar raised the prospect of a dangerous new escalation in the North African country’s war with a threat to target Turkish forces backing the internationally recognized Continue Reading
Letter from Iraqi finance minister to KRG prime minister offers a one-time, $338 million payment – and continuing negotiations for a new budget deal. Newly appointed Finance Minister Ali Allawi Continue Reading
