OPEC producer Kuwait has excluded oil tankers from a ban on ships departing or arriving from several countries in a bid to reduce the risk of coronavirus spreading, Reuters reported Continue Reading
The oil-rich Middle East is boosting investments in renewable energy generation at home and abroad. Just a few years ago, this notion would have raised a few eyebrows. But these Continue Reading
Iraq’s crude production and exports are unaffected by the COVID-19 outbreak, which has spread to OPEC’s second-largest oil producer, the spokesperson for the oil ministry told state-run Iraqi News Agency Continue Reading
Iraq shut schools and universities on Tuesday and told citizens to avoid mass gatherings, as it rushed to prevent the spread of the coronavirus from its neighbor Iran, hit by Continue Reading
Saudi Aramco is launching the biggest shale gas development outside of the United States to boost domestic gas supply and end the burning of oil at its power generation plants, Continue Reading
Iran’s health ministry said a further four people infected with the coronavirus have died, bringing the total number of fatalities in the country to 12 as neighboring states shut their Continue Reading
Ever since the Joint Comprehensive Plan of Action (JCPOA) was agreed in principle in 2015 by Iran and the P5+1 group of nations (U.S., U.K., France, Russia, and China plus Continue Reading
Dubai — Saudi Arabia is unlikely to start exporting gas despite plans to invest $110 billion to develop its biggest unconventional gas field, although the asset could help wean the Continue Reading
As the death toll of those infected by the new coronavirus reached 16, Iran’s health ministry on Tuesday urged Iranians to stay at home, a ministry spokesman told state TV. Continue Reading
Saudis Arabia’s Minister of Energy, Prince Abdulaziz bin Salman, said on Tuesday that OPEC+ countries should not be complacent about the coronavirus. “Everything serious requires attendance,” he told reporters on Continue Reading
