Saudi Arabia Expected To Increase Oil Prices To Asia
Refiners in Asia expect the world’s largest oil exporter, Saudi Arabia, to raise the official selling prices for its crude oil going to Asia in January due to stronger winter Continue Reading
Islamic State Claims Attack On Iraqi Refinery
Islamic State militants launched a rocket strike against an Iraqi refinery causing its shut-down, Reuters has reported , citing officials from the facility. In a statement on the terrorist group’s Continue Reading
Iran Nuclear Scientist Was Killed With ‘New Method,’ Tehran Says
President-elect Joe Biden has said he plans for the U.S. to re-enter the Iran nuclear deal he helped establish under the Obama administration in 2015. WSJ’s Gerald F. Seib explains Continue Reading
Friday’s killing of Iran’s top nuclear scientist
Commentators, brushing past Israel’s refusal to comment on an assassination that showed the hallmarks of an Israeli clandestine operation, have moved on to asking what Israeli Prime Minister Benjamin Netanyahu Continue Reading
Iran opposition suspected alongside Israel in scientist’s killing, Shamkani says
A senior Iranian official said on Monday an opposition group was suspected alongside Israel in the killing of a prominent Iranian nuclear scientist, an attack that has raised the prospect Continue Reading
Iran’s Nuclear Efforts Pose Growing Threat to Its Foes Despite Setbacks
President-elect Joe Biden has said he plans for the U.S. to re-enter the Iran nuclear deal he helped establish under the Obama administration in 2015. WSJ’s Gerald F. Seib explains Continue Reading
Machine guns and a hit squad: the killing of Iran’s nuclear mastermind
The hit squad behind last week’s deadly attack on the man long thought to be the mastermind of Iran’s alleged military nuclear program left nothing to chance. As nuclear scientist Mohsen Continue Reading
Dear Joe, It’s Not About Iran’s Nukes Anymore
With the assassination by Israel of Iran’s top nuclear warhead designer, the Middle East is promising to complicate Joe Biden’s job from day one. President-elect Biden knows the region well, Continue Reading
Iran to give a ‘calculated’ response to nuclear scientist killing, says official
ran will give a “calculated and decisive” response to the killing of its top nuclear scientist, said a top adviser to Iran’s supreme leader, while a hardline newspaper suggested Tehran’s Continue Reading
Iran’s Nuclear Efforts Pose Growing Threat to Its Foes Despite Setbacks
President-elect Joe Biden has said he plans for the U.S. to re-enter the Iran nuclear deal he helped establish under the Obama administration in 2015. WSJ’s Gerald F. Seib explains Continue Reading
Iran begins burial of slain prominent nuclear scientist – TV
Iran began the burial of slain nuclear scientist Mohsen Fakhrizadeh in a cemetery in northern Tehran on Monday, state TV reported, as the defense minister promised the Islamic Republic would Continue Reading
Low Oil Prices Could Finally Bring Iraq And Kurdistan Together
The relationship between Baghdad and Erbil has been strained ever since Iraq managed to eliminate the threat of the Islamic State. Both sides perceive the other’s endeavors with anxiety but Continue Reading
Factbox: Who is the Iranian scientist killed in Tehran?
Prominent Iranian military scientist Mohsen Fakhrizadeh, killed in an attack outside Tehran on Friday, was widely seen by Western intelligence as the mastermind of clandestine Iranian efforts to develop nuclear Continue Reading
Iran Says Its Top Nuclear Scientist Killed in Attack
A top Iranian nuclear scientist, widely viewed as the father of the country’s nuclear program, was shot and killed on Friday, dealing a blow to Tehran’s atomic ambitions and threatening Continue Reading
Live Updates: Iran’s Top Nuclear Scientist Killed in Attack, State Media Say
A brazen killing took place in an ambush. Iran’s top nuclear scientist, who American and Israeli intelligence have long charged was behind secret programs to design an atomic warhead, was Continue Reading
Iran’s leader promises retaliation for nuclear scientist’s killing
DUBAI (Reuters) – Iran’s supreme leader promised on Saturday to retaliate for the assassination of the Islamic Republic’s top nuclear scientist, who the West and Israel believed was the architect Continue Reading
Iraq fears Trump’s final weeks could see confrontation between U.S. and Iran
The Iraqi government is on edge as the Trump presidency enters its final weeks, fearing that a last-minute confrontation between the United States and Iran could erupt on Iraqi soil. Continue Reading
British Military Sent On Secret Mission To Protect Saudi Oilfields
The United Kingdom has had troops deployed in Saudi Arabia to protect its oilfields from attacks since February this year, The News reported this week, a local newspaper in Portsmouth Continue Reading
Analysis: Covert Israeli-Saudi meeting sends Biden a strong message on Iran
A historic meeting between Israel’s prime minister and Saudi Arabia’s crown prince has sent a strong signal to allies and enemies alike that the two countries remain deeply committed to Continue Reading
U.S. aircraft carrier deploys to Gulf, Navy says unrelated to ‘specific threats’
U.S. aircraft carrier USS Nimitz was deployed to the Gulf this week, days before the killing of Iran’s top nuclear scientist, although the U.S. Navy said on Saturday the deployment Continue Reading
Trump remains in a battle of wills with Iran
President Trump and Secretary of State Mike Pompeo at the White House on March 20. As the sun sets on Donald Trump’s presidency, one piece of potentially dangerous unfinished business Continue Reading
Saudi Arabia promotes circular carbon scheme as it plans to keep pumping oil
Saudi Arabia has used its year in the G20 presidency to promote its circular carbon economy scheme, which it says will lower carbon emissions if adopted worldwide, while maintaining abundant Continue Reading
Saudi-led coalition carries out air raids on Houthi barracks in Sanaa area – residents
The Saudi-led coalition fighting Houthi forces in Yemen carried out a series of air raids on barracks used by the Iran-aligned group in and around the Yemeni capital Sanaa on Continue Reading
Israel Prepares For A Potential U.S. Military Strike On Iran
With just weeks to go until President-Elect Joe Biden is inaugurated on January 20, Axios reports that Israel is preparing for the possibility that Trump will launch a preemptive attack Continue Reading
Oil Tanker Hit By Mine Explosion Near Saudi Arabia
An oil tanker was damaged in the Red Sea near Saudi Arabia after a mine exploded on Wednesday, the Associated Press reported , citing the tanker’s operator and a maritime Continue Reading
Saudi Arabia Urges The UN To Intervene As Houthi Attacks Persist
The United Nations Security Council should “stop the threat” of more Houthi attacks on Saudi energy infrastructure, the Saudi ambassador to the UN said in a letter to the governing Continue Reading
Election law sparks hope, but reformers remain concerned
Iraq has taken a major step toward holding early elections by ratifying an election law that addresses some demands of anti-government protesters who blamed the old system for helping perpetuate Continue Reading
Middle East airlines seeing biggest hit to demand, ‘humble’ 2021 recovery: IATA
Middle Eastern airlines will see passenger demand plunge 73% this year, the largest collapse among all regions, due to pandemic-related related travel restrictions, an official from the International Air Transport Continue Reading
Gazprom Neft plans launch of fourth well at Sarqala field in H1 2021
Russia’s Gazprom Neft is planning to launch a fourth well at the Sarqala field in Iraq’s semi-autonomous Kurdistan region in the first half of 2021, which will increase production at Continue Reading
Aramco Says No One Hurt in Blast
Saudi Aramco needed about 40 minutes to put out the fire caused by a missile strike on a fuel depot in the Red Sea city of Jeddah, with evidence pointing Continue Reading
European Powers Won’t Push Biden for Swift U.S. Return to Iranian Nuclear Deal
President-elect Joe Biden introduced nominees for his national-security team during an event in Wilmington, Del., on Tuesday. Photo: Mark Makela/Getty Images European powers are looking to the incoming Biden administration Continue Reading
Iraq’s offer for partially pre-paid 5-year oil supply garners Asian interest: source
Highlights Iraq’s SOMO sent letters to customers informing them of offer Offer included 4 million barrels/month supply over 5 years Supply to be partially pre-paid, SOMO said in letter Dubai Continue Reading
Cash-Strapped Iraq Seeks $2 Billion Upfront Payment for Crude
Iraq is seeking an upfront payment of about $2 billion in exchange for a long-term crude-supply contract, the latest sign of Baghdad’s growing desperation for cash as its economy unravels. The Continue Reading
Is This The Beginning Of The End For The Iran Nuclear Deal?
The German government says the foreign ministers of Britain, France, and Germany are meeting in Berlin on November 23 for talks focusing on the 2015 nuclear deal with Iran, days Continue Reading
Qatar Energy Exports Crash By 39%
Qatar’s total exports dropped by 35.5 percent year over year in the third quarter, dragged down by a 38.5-percent slump in exports of energy commodities and products, one of the Continue Reading
Houthis Rebels Attack Saudi Oil Facility
The Houthi rebels in Yemen said today they had fired a missile against a target in the Saudi city of Jeddah and had hit it, Reuters reports , citing their Continue Reading
UPDATE: Iraq seeks pre-payment for oil exports
A new proposal from SOMO asks crude buyers to pay up front for a year’s worth of exports to secure a 5-year supply — part of Iraq’s response to a Continue Reading
Iraq could limit dependence on Iranian energy imports with Kurdish gas: US official
Iraq’s federal government could wean itself off Iranian energy imports by taking advantage of gas production in the semi-autonomous Kurdistan region, a US official said Nov. 23, as OPEC’s second-largest Continue Reading
Iraq reaching limit of accepting ‘one-size-fits-all’ OPEC model: deputy PM
Iraq, OPEC’s second-largest oil producer, has nearly reached its limit in accepting the OPEC model of “one size fits all” in terms of output cuts without taking into account members’ Continue Reading
Saudi Aramco Says No One Hurt in Blast, Fire From Missile Strike
Iraq is seeking an upfront payment of about $2 billion in exchange for a long-term crude-supply contract, the latest sign of Baghdad’s growing desperation for cash as its economy unravels. The Continue Reading
Saudi Aramco’s Landmark IPO Is Costing The Kingdom Billions
The initial public offering (IPO) of Saudi Aramco that was heralded by Crown Prince Mohammed bin Salman (MbS) as being a showcase flotation for raising massive new capital for the Continue Reading
Israel And Saudi Arabia Could Derail Biden’s Middle East Plans
After weeks of speculation over how the new Biden Administration will approach U.S. relations in the Arab Gulf, the first real hurdles for a new JCPOA Iran agreement are already Continue Reading
Iraq’s offer for partially pre-paid 5-year oil supply garners Asian interest: source
Iraq’s proposal to offer crude buyers a five-year contract to supply 4 million barrels/month that is partially pre-paid has garnered interest from several Asian oil companies, a source familiar with Continue Reading
Energy transition aside, Saudi Arabia to maintain oil exports ‘for decades,’ official says
OPEC kingpin Saudi Arabia is likely to continue exporting oil at the same levels “for decades to come,” even as the world hastens the shift towards renewables, its former energy Continue Reading
Houthis claim attack on Aramco distribution station
Yemen’s Iran-backed Houthi rebels said they attacked a Saudi Aramco distribution station in the western city of Jeddah, according to a statement made by its spokesperson on Twitter Nov. 23. Continue Reading
U.S. keeps pressure on Iraq with 45-day sanctions waiver
As hostilities with Iran resume, a shortened waiver period gives the outgoing Trump administration one last opportunity to wield economic leverage in Iraq. This story has been updated to include Continue Reading
US grants 45-day sanctions waiver allowing Iraq to buy power from Iran
The US State Department Nov. 20 granted a 45-day waiver extension to Iraq allowing it to keep paying for electricity imports from Iran. Receive daily email alerts, subscriber notes & Continue Reading
COVID deals blow to Saudi Arabia’s G20 summit ambitions
When Saudi Arabia, the world’s top oil exporter and a leading U.S. ally, took over the G20 presidency in December 2019, hopes in the kingdom were high. “Family Photo” for Continue Reading
U.N. chief says Yemen in imminent danger of famine, warns against unilateral moves
U.N. Secretary-General Antonio Guterres said on Friday that war-torn Yemen is in “imminent danger of the worst famine the world has seen for decades,” warning against any unilateral moves as Continue Reading
China Looks To Buy Stake In A Major Iraqi Oilfield
State giants China National Petroleum Corporation (CNPC) and China National Offshore Oil Corporation (CNOOC) are interested in buying ExxonMobil’s entire operating stake in one of the largest oilfields in Iraq, Continue Reading