At least 10 people have been killed, including members of Iran’s elite Revolutionary Guards, and at least 21 people wounded after militants opened fire on a military parade in the Continue Reading
A supertanker called Happiness is carrying 2m barrels of trouble for Iran. The crude vessel filled up at a terminal operated by Iran’s national oil company on Kharg Island at Continue Reading
Japanese refiners have stopped buying Iranian crude ahead of the November 4 deadline set by Washington to all countries doing business with Iran before economic sanctions return. Reuters quoted today Continue Reading
A new report on Iraq’s oil production capability says a series of problems, including export bottlenecks caused by a lack of infrastructure, will continue to limit the country’s oil output Continue Reading
We protect the countries of the Middle East, they would not be safe for very long without us, and yet they continue to push for higher and higher oil prices! Continue Reading
With more than 300,000 bpd of new capacity coming online this year, Iraq is well positioned to take market share as U.S. sanctions snap back on Iran. Iraq Oil Minister Continue Reading
Iran hit back at a U.S. offer of negotiations on Thursday, saying Washington had violated the terms of the last big deal they agreed, the 2015 nuclear accord. U.S. President Continue Reading
India’s Chennai Petroleum will stop processing Iranian crude oil from October to keep its insurance coverage once new sanctions by the United States against Iran go into effect, three sources Continue Reading
U.S. producers of ultra-light condensate have the opportunity to gain a market share in a tightening Asian condensate market, which is expected to further tighten with the return of the Continue Reading
Iranian cybercrime group APT33 has stepped up its attacks on a variety of companies in the Persian Gulf, including energy firms, The National reports , citing research from security company Continue Reading
