Iraqi authorities braced for a fresh round of violent protests Wednesday after security forces killed six demonstrators over the last two days during angry marches in the southern city of Continue Reading
The recent killing of a protester fueled renewed anti-government demonstrations in Basra city and around several oil fields, some of which turned deadly. Deadly fighting has broken out between protesters Continue Reading
Iran may resort to various ways of reducing the impact of the U.S. sanctions on its oil exports, and those tactics include secret oil shipments without trackers on tankers, bartered Continue Reading
Japanese refiner Cosmo Oil said Tuesday it does not plan to load any crude oil from Iran in October, while it is still monitoring the progress of bilateral talks between Continue Reading
Iran officially inaugurated Tuesday two petrochemical projects — the Marjan petrochemical plant, with the capacity to make 1.65 million mt/year of methanol, and the third phase of the Pardis petrochemical Continue Reading
Saudi Arabia could earn US$161 billion (605 billion riyals) this year from crude oil sales, versus a budgeted US$131 billion (492 billion riyals), local financial services provider Al Rajhi Capital Continue Reading
Terminals in the Basra Gulf and Kurdistan-controlled Ceyhan in August combined for a record average of 4.028 million barrels per day (bpd) of oil exports, representing a 4 percent increase Continue Reading
Saudi Aramco has awarded Baker Hughes an integrated services contract for its Marjan oilfield, the Saudi state oil giant said in statement on Tuesday. The oilfield is one of the Continue Reading
As Iran is turning to the UN’s International Court of Justice to have the US-imposed sanctions against its oil suspended, the EU is preparing for the hit its economies will Continue Reading
Iraq’s oil exports for August hit their highest monthly figure this year, the oil ministry said Saturday, with nearly 112 million barrels of crude bringing $7.7 billion to the war-torn Continue Reading
