Large volumes of natural gas have been found in the Red Sea, according to the official Saudi Press Agency (SPA) which quoted Saudi Arabia’s Energy Minister Khalid al-Falih as saying. Continue Reading
At least six paramilitary fighters died in an insurgent ambush on Wednesday – the latest incident highlighting a problematic security vacuum in Iraq’s disputed territories. Despite recent efforts to improve Continue Reading
The listing of Saudi Arabia’s energy giant Aramco is on track to take place in 2021, Energy Minister Khalid al-Falih said , echoing earlier assurances he and Aramco’s chief executive Continue Reading
It didn’t take long for Florida Senator Marco Rubio’s comments that Saudi Crown Prince Mohammed bin Salman had “gone full gangster” to make the news rounds all the way from Continue Reading
Just days after Saudi Arabia’s Crown Prince Mohammed bin Salman finished his charm-offensive Asian trip to Pakistan, India, and China, the ever-simmering tensions between Pakistan and India flared up again Continue Reading
India wants to keep buying Iranian oil at its current level of about 300,000 barrels per day (bpd), as it negotiates with Washington about extending a sanctions waiver past early Continue Reading
Despite strained U.S.-Saudi relations on several fronts, Saudi Arabia’s oil giant Aramco continues to see the U.S. market as strategic and continues with plans to expand the biggest U.S. refinery Continue Reading
Iraq maintained near-record high levels of oil exports in February, with overall sales averaging 3.996 million barrels per day (bpd). The export total includes 3.621 million bpd by the federal Continue Reading
As widely expected, ExxonMobil said on Thursday that it had made a natural gas discovery southwest off Cyprus, which Cypriot authorities hailed as the largest find offshore the eastern Mediterranean Continue Reading
ExxonMobil added another giant gas discovery to the east Mediterranean region after finding a gas-bearing reservoir offshore Cyprus but infrastructure bottlenecks and geopolitical disputes mean output from the field could Continue Reading
