Soaring Oil Prices See Saudi Economy Bounce Back
Saudi Arabia’s success in leading both OPEC and non-OPEC production partners in reigning in record high OECD oil inventories amid the group’s ongoing oil output cut is starting to pay Continue Reading
Expert Analysis: Is This The End Of The Iran Deal?
The deadline for President Trump to re-certify the Iran nuclear deal and issue a waiver for sanctions is less than two weeks away. All signs point to President Trump declining Continue Reading
Netanyahu: Iran Nuclear Deal Is Based on Lies – Here’s the Proof
Israeli Prime minister Benjamin Netanyahu speaks during a news conference at the Ministry of Defense in Tel Aviv, Israel April 30, 2018. Prime Minister Benjamin Netanyahu revealed a cache of Continue Reading
Israel presents Iran nuclear files, putting pressure on U.S. to scrap deal
Israeli Prime Minister Benjamin Netanyahu stepped up pressure on the United States to pull out of a 2015 nuclear deal with Iran, holding a primetime address on Israeli TV to Continue Reading
Gazprom completes section of TurkStream pipeline
Components of a natural gas pipeline that will carry Russian reserves through Turkish waters are completed, Russian energy company Gazprom said. “Today at the Black Sea coast of Turkey, the Continue Reading
Pompeo Says Iran Nuclear Deal Could Only Be Preserved With a ‘Substantial Fix’
New Secretary of State Mike Pompeo tantalized U.S. allies meeting here on Friday by keeping the door open to preserving the Iran nuclear deal, but said absent “a substantial fix” Continue Reading
Playing with fire: Iran deal looms over rising oil price
Jerry Flory hates it when the price of oil goes up. The co-owner of Flory’s, a small, family chain of petrol stations and convenience stores about 40 miles north of Continue Reading
Iran risk sends oil prices higher
Renewed uncertainty over a deal that lets Iranian crude oil flow through the market helped trigger a strong rally in crude oil prices on Thursday. The price of oil moved Continue Reading
No oil majors win contracts in Iraq oil licensing round
Iraq failed to attract investment from the top global energy companies in its oil and gas exploration/development contract auction on Thursday, with no major firms winning any bids and only Continue Reading
Big Oil Snubs Iraq’s Exploration Auction
No international oil major won any exploration and development contracts in Iraq’s Thursday auction of 11 oil and gas blocks, as the bidding attracted just one—unsuccessful—bid by a major company, Continue Reading