Russian energy minister Alexander Novak discussed bilateral and OPEC+ cooperation with Iranian oil minister Bijan Zanganeh, according to a statement released by the Russian energy ministry late Monday. Receive daily Continue Reading
Saudi Arabia has threatened to use its economic muscle to respond to any punitive measure taken against the kingdom in the wake of the disappearance of a prominent journalist. In Continue Reading
Iran is resurrecting its stock exchange, last used four years ago, to sell one million barrels of crude, the National Iranian Oil Company said in a statement quoted by S&P Continue Reading
In the “World is Not Enough”, British spy James Bond takes on international oil cartels and illegal operators. The fiction of the story is clear to all, but the underlying Continue Reading
Saudi Arabia has warned of “its influential and vital role in the global economy” after US President Donald Trump said the kingdom could face severe consequences following the disappearance and Continue Reading
SEOUL (Reuters) – South Korea did not imported any oil from Iran in September for the first time in six years, before U.S. sanctions against the Middle East country take Continue Reading
India hasn’t worked out yet a payment system for continued purchases of crude oil from Iran, Subhash Chandra Garg, economic affairs secretary at India’s finance ministry, said on Friday. India’s Continue Reading
Turkey has transferred seven coal fields to private sector operators for development, Turkey’s energy ministry announced via its Internet site. Receive daily email alerts, subscriber notes & personalize your experience. Continue Reading
The growing number of Western companies distancing themselves from Saudi Arabia over the alleged killing of dissident Jamal Khashoggi is undermining the kingdom’s push to diversify its economy beyond oil Continue Reading
Sir Richard Branson, World Bank president Jim Yong Kim and Uber chief Dara Khosrowshahi are among a growing number of executives to distance themselves from Saudi Arabia’s business ventures amid Continue Reading
