Iran announced on Wednesday it was relaxing some curbs to its nuclear program, announcing steps that stop short of violating its 2015 deal with world powers for now, but threatening Continue Reading
France called on Iran on Wednesday to respect all its commitments after Tehran announced it was relaxing some curbs to its nuclear program, and warned against any action that would Continue Reading
Iraq will soon finalize a large-scale, long-term deal for the development of oil fields in the South with Exxon and PetroChina. The 30-year contract will involve investments of US$53 billion Continue Reading
Tiny gas-rich Qatar is pushing through with its plans to solidify its top spot as the world’s largest liquefied natural gas (LNG) player both in terms of liquefaction capacity and Continue Reading
Arab residents of the oil-rich Deir Ezzor area in Syria have been protesting for weeks against the U.S.-backed Kurdish forces that control the region east of the Euphrates river, with Continue Reading
The Cabinet threw political weight behind the Southern Iraq Integrated Project, injecting momentum into negotiations over a massive infrastructure deal that is critical to Iraq’s production and export growth. Iraq’s Continue Reading
Turkey said that it plans on drilling for natural gas in Cypriot waters, raising tension in the region and drawing rebukes from the European Union and the United States. The Continue Reading
Saudi Aramco, which has an ambitious plan to grow its natural gas business, is considering investing in the Marcellus shale gas assets of Norway’s Equinor in what would be the Continue Reading
Iraq oil minister Thamer Ghadhban said on Wednesday he expects his ministry to sign an initial deal with Exxon Mobil and PetroChina “very soon”, but did not give a specific Continue Reading
Saudi Arabia is expected to keep its crude exports below 7 million barrels per day in June, while output will stay under its production quota under a global deal to Continue Reading
