The top court in Brazil overturned a lower-court injunction and ordered Brazil’s state energy firm Petrobras to provide fuel to two Iran-flagged vessels containing grain that have been stuck at Continue Reading
When Saudi Aramco was on the verge of a deal last year to buy a stake in an Indian oil refinery, its boss quickly boarded a company jet in Paris Continue Reading
The political fortunes of the Kurds have ebbed and flowed over the decades. After a good run since achieving semi-autonomy in northern Iraq following the 1991 Gulf War, shifting Middle Continue Reading
Iran is ready for “just” negotiations but not if they mean surrender, Iran’s President Hassan Rouhani said on Wednesday, without saying what talks he had in mind. Rouhani seemed to Continue Reading
Discussions between India’s largest company, Reliance Industries, and Aramco, the world’s single biggest oil producing firm, have hit a stumbling block as the Indians want higher valuation than the Saudis Continue Reading
Escalating tensions in the Strait of Hormuz forced Asian refiners and shipowners to weigh alternative crude sources, deploy contingency plans and boost safety measures for navigation along Iran’s coastal areas, Continue Reading
No further energy exploration or drilling ships are necessary in the eastern Mediterranean for now, Turkish Foreign Minister Mevlut Cavusoglu said on Monday as a dispute continued over Turkish drilling Continue Reading
The Aramco IPO story seems more and more to be a line from the world famous story of “Scheherazade and 1001 nights”. As the famous princess needed to tell stories Continue Reading
Two Iran-flagged vessels have been sitting idle at Brazilian ports for weeks because they need fuel to return to Iran, but Brazil’s Petrobras refuses to sell them fuel because of Continue Reading
Iraq is confronting a major strategic vulnerability — its lack of diversified oil export routes — as Iran continues to disrupt shipping lanes amidst rising tension with the U.S. More Continue Reading
