Iran is dramatically ramping up production of enriched uranium in the wake of the Trump administration’s decision to abandon the 2015 nuclear deal, the U.N. nuclear watchdog confirmed Tuesday while Continue Reading
The outbreak of Covid-19 in Iran has killed at least 77 people in less than two weeks Iran has temporarily released more than 54,000 prisoners in an effort to combat Continue Reading
Koosha Mahshid Falahi/Mizan News Agency, via Agence France-Presse — Getty Images Nearly three dozen Iranian government officials and members of parliament are infected and a senior adviser to the supreme Continue Reading
Iran’s growing stockpile of nuclear fuel recently crossed a critical threshold, according to a report issued Tuesday by international inspectors: For the first time since President Trump abandoned the 2015 Continue Reading
On the walls of Basra children’s cancer hospital hang photos of some of the youngsters who’ve been treated there. Most are smiling. Some of the portraits have a black stripe Continue Reading
In less than two weeks the number of confirmed cases of coronavirus in Iran has jumped from two to more than 2,300, shaking public trust in the Iranian regime’s capacity Continue Reading
Balancing its ability to cause chaos in the global oil markets by closing/disrupting the Strait of Hormuz (through which flows around 35 per cent of the world’s oil supplies) with Continue Reading
The new coronavirus (COVID-19) outbreak is posing a serious challenge to Iraq and its oil sector at a crucial moment of political transition. So far, senior health officials said, five Continue Reading
Shares of Saudi Aramco ( 2222.SE ) hit 32.50 riyals ($8.66) in intraday trade on Sunday, the lowest since it began trading in December following a record initial public offering, Continue Reading
Turkey shot down two Syrian warplanes over Idlib on Sunday and struck a military airport well beyond its frontlines in a sharp escalation of its military operations following the death Continue Reading
Iran’s death toll from the new coronavirus has reached 54, Health Ministry spokesman told state TV, adding that the number of people infected had reached 978. Iran has had the Continue Reading
For a commodity going through one of its worst slumps ever, you would think that a major oil company bringing more of it to an already flooded market would cause Continue Reading
Iraq’s federal crude oil exports, which excludes the semi-autonomous Kurdish region, rose 3.3% in February from a month earlier on increased shipments from southern terminals in OPEC’s second-largest oil producer, Continue Reading
Saudi Arabia is pushing to make a substantial cut in oil production when Opec and its allies meet next week, as global energy producers scramble to respond to the coronavirus Continue Reading
A man disinfects the shrine of Fatima Masumeh, in Qom, Iran, against coronavirus. Iran’s deputy health minister, Iraj Harirchi, was pale and drenched in sweat during a press conference on Continue Reading
Faced with a slump in demand and plunging oil prices, OPEC’s top producer and de facto leader Saudi Arabia is asking members of the OPEC+ group to consider an additional Continue Reading
China’s top oil supplier and the world’s largest oil exporter, Saudi Arabia, will be cutting its crude exports to the world’s top oil importer by at least 500,000 bpd in Continue Reading
Aramco has reportedly started the preparation process for the international leg of its listing, which most expected to be years away. According to unnamed sources that spoke to Bloomberg, the Continue Reading
Saudi Arabia is pushing to make a substantial cut in oil production when Opec and its allies meet next week, as global energy producers scramble to respond to the coronavirus Continue Reading
A total of 14 Saudi companies in the energy sector booked hefty losses last year, Middle East Monitor reported on Wednesday, quoting analysts who had spoken to local media. One Continue Reading
OPEC producer Kuwait has excluded oil tankers from a ban on ships departing or arriving from several countries in a bid to reduce the risk of coronavirus spreading, Reuters reported Continue Reading
The oil-rich Middle East is boosting investments in renewable energy generation at home and abroad. Just a few years ago, this notion would have raised a few eyebrows. But these Continue Reading
Iraq’s crude production and exports are unaffected by the COVID-19 outbreak, which has spread to OPEC’s second-largest oil producer, the spokesperson for the oil ministry told state-run Iraqi News Agency Continue Reading
Iraq shut schools and universities on Tuesday and told citizens to avoid mass gatherings, as it rushed to prevent the spread of the coronavirus from its neighbor Iran, hit by Continue Reading
Saudi Aramco is launching the biggest shale gas development outside of the United States to boost domestic gas supply and end the burning of oil at its power generation plants, Continue Reading
Iran’s health ministry said a further four people infected with the coronavirus have died, bringing the total number of fatalities in the country to 12 as neighboring states shut their Continue Reading
Ever since the Joint Comprehensive Plan of Action (JCPOA) was agreed in principle in 2015 by Iran and the P5+1 group of nations (U.S., U.K., France, Russia, and China plus Continue Reading
Dubai — Saudi Arabia is unlikely to start exporting gas despite plans to invest $110 billion to develop its biggest unconventional gas field, although the asset could help wean the Continue Reading
As the death toll of those infected by the new coronavirus reached 16, Iran’s health ministry on Tuesday urged Iranians to stay at home, a ministry spokesman told state TV. Continue Reading
Saudis Arabia’s Minister of Energy, Prince Abdulaziz bin Salman, said on Tuesday that OPEC+ countries should not be complacent about the coronavirus. “Everything serious requires attendance,” he told reporters on Continue Reading
Iran on Sunday announced a 42% turnout in its parliamentary election, the lowest rate since the 1979 Islamic revolution, while its top leader said Tehran’s enemies played up the new Continue Reading
The Persian Gulf is, without doubt, the most prominent oil and gas production area in the world. After decades of intensive exploration and production, the region still amaze persistent explorers. Continue Reading
In mid January, a week after Bashir Murad was named as a deputy director general of the North Oil Company (NOC) with administrative authority to act as de facto director Continue Reading
Iraq’s parliament is expected to convene on Wednesday to vote on granting confidence to the new cabinet of Prime Minister-designate Mohammad Allawi, first deputy speaker Hasan al-Kaabi said, the state-run Continue Reading
Aramco plans to develop Jafurah, Saudi Arabia’s largest unconventional and non-associated gas field that contains an estimated 200 trillion cubic feet of raw gas and whose production can be used Continue Reading
Early results show Iran’s hardliners are on track for a sweeping victory in the parliamentary election after many voters stayed away due to the absence of prominent reformist candidates and Continue Reading
Saudi Arabia remains committed to the OPEC+ alliance with Russia and other key oil producers, the kingdom’s energy minister said Friday, rejecting a report that it was considering a pause Continue Reading
Hardliners loyal to Iran’s supreme leader are likely to sweep a parliamentary election on Friday that will cement their grip on power as the country faces mounting U.S. pressure over Continue Reading
The United Nations warned on Friday that fighting in northwest Syria could “end in a bloodbath” and called again for a ceasefire, while Moscow denied reports of a mass flight Continue Reading
The Houthi rebels in Yemen launched a missile attack on Saudi Arabia early this morning but the missiles were intercepted by the Saudi defense system, Reuters reported , citing a Continue Reading
An international agency monitoring terrorism funding announced tough new financial scrutiny of Iran on Friday and added seven countries to a watch list. Pakistan, meanwhile, won a reprieve from the Continue Reading
Middle-aged men have been plastered on campaign posters and online adverts this week ahead of Iran’s parliamentary election, even though women and young people make up the majority of voters. Continue Reading
Amro Akoush and his family fled their home in northwest Syria with no time to pack a bag and no vehicle to escape the machine-gun fire and falling bombs. Mr. Continue Reading
When Iranians go to the polls on Friday they will be taking part in what may be the least representative and least fair election in the Islamic Republic’s history. While Continue Reading
Thousands of barrels of oil per day are flowing from Syria into Iraq’s semiautonomous Kurdistan region, in an opaque trade that has served for several years as a financial lifeline Continue Reading
Iraqi forces are increasing security around southern oil fields and facilities in Basra province as OPEC’s second-largest oil producer continues to grapple with protests demanding political and economic change. Iraqi Continue Reading
U.S. Secretary of State Mike Pompeo on Wednesday said authorities in Washington were prepared to talk to Iran “anytime”, but that it needed to “fundamentally” change its behavior and that Continue Reading
A Dubai-based operator of ports and terminals around the world is returning to full state ownership with a proposed transaction and a subsequent delisting from Nasdaq Dubai. This could be Continue Reading
Historically, Russia goes to great lengths to hide or disguise its strategic intentions but it clearly feels empowered enough in the Middle East to very obviously stake its claim in Continue Reading
Iraqi forces are increasing security around southern oil fields and facilities in Basra province as OPEC’s second-largest oil producer continues to grapple with protests demanding political and economic change. Iraqi Continue Reading
