In office for nearly two years, Oil Minister Ihsan Ismaael has guided the ministry responsible for generating more than 90 percent of Iraq’s state revenues through periods of wildly fluctuating Continue Reading
Saudi Aramco, is looking at several further opportunities to expand its downstream dealings with China. The new downstream projects with Sinopec follow this year’s earlier series of meetings in Beijing Continue Reading
Addressing the Iran nuclear deal, EU Foreign Policy Chief Josep Borrell noted “sometimes they think they’re almost there. And other days not.” That seems to be a succinct summary of Continue Reading
Some of the largest Gulf oil producers, including Saudi Arabia and the United Arab Emirates, are seeking to sign a written treaty with the United States under which the U.S. Continue Reading
Iraq’s Oil Ministry is proposing the creation of a Kurdistan National Oil Company under federal ownership as a means of implementing a landmark court ruling that invalidated the legal foundations of Continue Reading
This tiny Persian Gulf kingdom is emerging as one of Europe’s best hopes for weaning itself off Russian natural gas, in another sign of how the war in Ukraine is Continue Reading
The move follows a series of drone and rocket attacks by Houthi Rebels against Saudi Arabia in the past week. The Saudi-led Coalition has announced a military operation to neutralize Continue Reading
A Turkey-Israel gas pipeline is being discussed behind the scenes as one of Europe’s alternatives to Russian energy supplies, but it will take complicated maneuvering to reach any deal, government Continue Reading
The U.S. has granted Iraq another 120-day sanctions waiver enabling continued cross-border imports of energy from Iran without triggering penalties, as efforts intensify to revive the 2015 nuclear deal that Continue Reading
A Saudi-led coalition fighting Houthi rebels in Yemen launched airstrikes against sites in the southern Arabian country in response to multiple attacks Friday, including one that caused a fire at Continue Reading
