The Real Effect Of Iran Sanction Waivers
On the day U.S. sanctions against Iran went into effect, Brent crude traded at US$72.68 a barrel. Today, three weeks later, Brent is down to US$59.59 a barrel and President Continue Reading
Iran seeks China talks over South Pars gas field future
Iran wants to agree on a schedule with state-owned China National Petroleum Corp. to begin developing Phase 11 of the country’s South Pars gas field after the Chinese company replaced Continue Reading
Japan buyers may not load Iran oil after April without waiver extension
Japanese buyers are unlikely to load Iranian oil after April 1 without an extension of the country’s current waiver because of the difficulty in making payments before sanctions are reimposed Continue Reading
Iran: Chinese CNPC Replaces Total In South Pars Gas Project
State-controlled China National Petroleum Corporation (CNPC) is replacing French oil and gas major Total in Iran’s multi-billion-dollar South Pars gas project, Iran’s semi-official news agency ICANA quoted Oil Minister Bijan Continue Reading
Saudi Oil Output Hits Record High In November
Saudi Arabia’s oil production has been at a record high this month—at between 11.1 million bpd and 11.3 million bpd in some days in November, an industry source familiar with Continue Reading
Iraq allocates 2019 oil sales: oil ministry
Iraq has allocated its oil sales for 2019, with 67 percent of exports going to Asian markets, 20 percent to Europe and 13 percent to North America, the oil ministry Continue Reading
Saudi Aramco aims to become gas exporter with $150 billion investment drive
Saudi Aramco’s gas expansion strategy needs $150 billion worth of investments over the next decade as the company plans to increase output and become an exporter, its chief executive said Continue Reading
Saudi Aramco eyes 64% increase in gas production over next 10 years
Saudi Aramco’s gas program is targeting almost $160 billion of investment in the next 10 years and an output increase of 64%, CEO Amin Nasser announced at the Gulf Petrochemicals Continue Reading
GPCA: Saudi Aramco to invest $100 bil in chemicals business over next 10 years
Saudi Aramco plans to invest $100 billion in the chemicals business over the next 10 years, CEO Amin Nasser said at the 13th Annual GPCA forum in Dubai on Tuesday. Continue Reading
Everyone Not Exporting Arms To Saudi Arabia Is Halting Arms Exports To Saudi Arabia
Only after Washington Post columnist Jamal Khashoggi was brutally murdered did the major networks like CNN finally discover Saudi atrocities in Yemen and a horrid human rights record and history Continue Reading