The United Arab Emirates (UAE) is now OPEC’s third-biggest producer, having surpassed Iran whose output has plunged below 3 million bpd with the U.S. sanctions on Iranian oil. The UAE, Continue Reading
On 10 November 2018, Turkey shared with Western and Saudi officials the audio recording that proved Saudi Arabia was responsible for the murder Washington Post columnist Jamal Khashoggi on October Continue Reading
India’s monthly oil imports from Iran plunged to their lowest in a year in November with Tehran dropping two places to become only the sixth biggest supplier after New Delhi Continue Reading
Iranian officials said they will determine whether China’s CNPC breaks accords related to the development of part of the world’s natural gas field in a project known as South Pars Continue Reading
Even before taking over Qatar’s energy policy in a government reshuffle last month, Qatar Petroleum (QP) CEO Saad al-Kaabi had long wanted the Gulf state to leave OPEC. Kaabi was Continue Reading
Saudi-led forces and Yemen-based Houthi rebels announced that oil and gas exports will resume in an effort to restore revenues to the troubled country, Reuters reported on Wednesday. The U.S. Continue Reading
The International Energy Agency on Thursday raised its estimates of the “call” on OPEC, or demand for OPEC crude, in the first and second quarters of 2019 by 700,000 b/d Continue Reading
Japanese refiners are aiming to resume loadings of Iranian oil from January, but won’t take the risk of loading cargoes beyond March amid doubts over whether Washington would extend the Continue Reading
Saudi Arabia bet that it could defy the U.S. when it pushed for oil production cuts at the OPEC+ meeting, gambling that President Trump would not lash out in retaliation Continue Reading
Iraq has increased production at its southern Halfaya oilfield by 100,000 barrels per day (bpd) to a total of 370,000 bpd, an oil official told Reuters on Wednesday. Halfaya, operated Continue Reading
