Saudi Arabia has nearly completed construction of its first nuclear reactor, sparking fears about the country’s quest for nuclear power. New satellite images, first published by Bloomberg , show construction Continue Reading
On the final day of March, the supertanker Newton, loaded with crude from Saudi Arabia, did something rarely seen in the world of oil trading: it abruptly diverted from its Continue Reading
The Saudi-led coalition fighting Yemen’s Iran-aligned Houthi movement will announce at midnight on Wednesday it is halting military operations nationwide to support a U.N. ceasefire initiative, three sources familiar with Continue Reading
Qatar is pushing back the start-up of the first phase of its North Field LNG Expansion Project by up to six months so that it will now enter production in Continue Reading
Iran demanded on Wednesday that U.S. oil production levels must be known before an upcoming OPEC meeting with Russia and others seeking to boost global energy prices. The meeting of Continue Reading
Critics say Turkey’s measures do not go far enough Turkish authorities have imposed new measures to limit the spread of coronavirus, as the number of infections continues to rise sharply. Continue Reading
Several rockets were fired and landed on Monday near a residential district in southern Iraq, where many foreign oil firms have their headquarters and where oil workers live, without causing Continue Reading
Investigators say rocket attack on Iraqi and foreign oil sites was likely part of a broader conflict between paramilitaries and U.S. in Iraq. Security forces investigate the site from which Continue Reading
OPEC’s core Gulf countries of Saudi Arabia, the UAE and Kuwait appear to have wasted no time in ramping up their crude production after the breakdown of talks with Russia Continue Reading
Iran has unveiled a package of state-backed loans to support poorer people and boost consumer spending as the government prepares to ease some of the work restrictions it imposed to Continue Reading
