The Electricity Grid Of The Future Is Being Built Here
A Future Energy Summit in Abu Dhabi last week displayed the whole universe of systems and technologies that will be required for a post-carbon world. More than 100 providers of Continue Reading
Soleimani killing adds dangerous new dimension to Iraq unrest
Iranian-backed Shi’ite factions have exhorted Iraqis to turn out for a “million-strong” march on Friday aimed at whipping up anti-American sentiment as the United States’ struggle with Iran plays out Continue Reading
Turkey’s Unauthorized Gas Drilling Could Have Serious Consequences
The European Union is eyeing long promised punitive measures against Turkey for its illegal military incursion into northern Syria, as well as its unauthorized natural gas drilling off Cyprus’ coast. Continue Reading
Iraqi production hits new annual high
Despite OPEC constraints, Iraq set an all-time record for production in 2019 while building significant, new spare capacity. Iraqi Drilling Company staff complete a rehabilitation of the Mansuriya-2 well in Continue Reading
The Most Successful Oil Economy That’s Moving Away From Oil
A discussion about oil-dependent economies often calls to mind an image of some anonymous Middle Eastern country almost entirely dependent on its oil exports to generate revenues. But there is Continue Reading
Foreign Investors Are Pouring Into This Middle East Oil Giant
Highly leveraged U.S. exploration and production (or E&P) companies have lately been struggling with dwindling valuations and endless bankruptcies as investors lose their appetite for shale while private equity markets Continue Reading
BP Quits Iraq’s Kirkuk Oilfield As Studies Disappoint
UK-based supemajor BP has withdrawn from the Kirkuk oilfield in northern Iraq after its field study contract expired, and no deal was signed for a potential expansion, likely because of Continue Reading
Iraq May Stop Iran Energy Imports If US Doesn’t Extend Waiver
Iraq may have serious problems in securing its energy needs if the United States doesn’t extend a waiver for an Iraqi bank to process payments for Iraq’s imports of electricity Continue Reading
Why Trump Can’t Retreat From The Middle East
If America doesn’t need Saudi oil anymore, why is it still wooing crown princes, especially when American public opinion isn’t really on board? A Business Insider poll from September 2019 Continue Reading
Iran says it will quit global nuclear treaty if case goes to U.N.
Iran said on Monday it could quit the global nuclear Non-Proliferation Treaty (NPT) if European countries refer it to the U.N. Security Council over a nuclear agreement, a move that Continue Reading