DUBAI/NEW YORK (Reuters) – Saudi Aramco signed a 20-year agreement to buy liquefied natural gas (LNG) from a forthcoming export terminal in Texas that U.S.-based Sempra Energy is developing, the Continue Reading
Saudi Arabia’s deal to buy American natural gas is part of a decadelong $160 billion plan to build up its gas assets, as the oil-rich kingdom’s demand for new energy Continue Reading
Saudi Aramco struck a deal with U.S. Sempra Energy to buy 5 million tons of liquefied natural gas annually from Sempra’s Port Arthur LNG plant, Reuters reports , citing the Continue Reading
Iranians set ablaze an American flag last month in Tehran during a rally following the U.S. designation of Iran’s Revolutionary Guard Corps as a terrorist organization. (Rouzbeh Fouladi/NurPhoto/Getty Images) Iran Continue Reading
Saudi Arabia, the world’s largest oil exporter, and de facto OPEC leader, is trying to calm global oil market jitters, and at least for now, it’s working. Saudi Arabia’s council Continue Reading
The heightened tension in the Middle East and security risks in the key waterways around the Arabian Peninsula have prompted the world’s most influential marine insurers’ organizations to expand their Continue Reading
As tensions in the Middle East continue to escalate with Iran threatening to choke off shipments through oil’s most critical chokepoint, the Strait of Hormuz, two countries are looking for Continue Reading
Iraq will raise the oil production from its giant West Qurna 1 field by as much as 50,000 bpd in the next few days, a senior industry official told Reuters Continue Reading
Six months into Iraqi Oil Minister Thamir Ghadhban’s tenure, his ministry is fighting against major political headwinds as it pursues strategically important deals. Surrounded by grandstanding politicians who have already Continue Reading
ExxonMobil evacuated some staff from southern Iraq over fears of rising tensions between the U.S. and Iran, although there is still little evidence to suggest any oil operations will be Continue Reading
