Iraq has signed an agreement with supermajor BP that would triple the oil production from the Kirkuk oil fields in northern Iraq to more than 1 million bpd, Iraq’s Oil Continue Reading
Saudi Arabia’s air defense forces intercepted a missile above the capital Riyadh, Saudi-owned broadcaster Al Arabiya said on Wednesday after several loud booms were heard in the city center. In Continue Reading
Saudi Arabia indicated on Wednesday that it could raise its oil output to offset any potential supply shortage as a result of new sanctions on Tehran, after U.S. President Donald Continue Reading
Less than one in three Americans agrees with President Donald Trump’s decision to pull the United States out of an agreement to limit Iran’s nuclear program, according to a Reuters/Ipsos Continue Reading
U.S. President Donald Trump’s new ambassador to Germany, Richard Grenell, said on Twitter that German firms operating in Iran should halt activities there immediately after Trump announced the United States Continue Reading
Iranian Oil Minister Bijan Zangeneh said on Sunday that Tehran preferred a “reasonable” crude oil price to avoid market instability, the ministry’s news agency Shana reported. Zangeneh said that reasonable Continue Reading
Iran is readying the first commercial exports of its West Karoun crude oil grade for May or June, two sources familiar with the matter said, even as fresh economic sanctions Continue Reading
Iraq’s state-run North Oil Company signed an agreement with BP on Monday to triple output from the Kirkuk fields in the north of the country, Oil Minister Jabar al-Luaibi said. Continue Reading
The Iranian oil industry will continue to develop even if the United States pulls out of the 2015 nuclear deal, and Tehran would see the accord as operational as long Continue Reading
The Chinese vessel that hit an Iranian oil tanker in January failed to respond to concerns about its course, an Iranian-led investigation found. The Iranian oil tanker Sanchi was carrying Continue Reading
