The head of Saudi Arabia’s state-owned oil company dismissed predictions that demand for oil could peak in coming decades, saying that forecasts for the growth of electric vehicles and renewable Continue Reading
Russian oil giant Rosneft could be the key in the talks between the Iraqi government and Kurdistan for the full resumption of oil exports from the semi-autonomous region, Reuters reported Continue Reading
The government of Iran imposed new restrictions on the use of the US dollar in the country. The use of the US dollar for import operations in the Islamic Republic Continue Reading
New legislation could restructure the oil sector, creating a new executive body for field management and limiting the Oil Ministry to strategic policy and regulatory functions. Iraq’s Parliament voted Monday Continue Reading
“Friends were shot beside, in front and behind me,” remembers Mohammed Soghayer of the tumultuous days in 2011 when Tunisian security forces battled to crush mass protests that eventually ended Continue Reading
Iraq’s Parliament approved the 2018 budget on Saturday, despite an ongoing boycott by Kurdish lawmakers demanding a larger share of allocations. The government intends to spend 104 trillion Iraqi dinars Continue Reading
Iraq’s oil ministry said the country produced an average total of 4.36 million b/d of crude oil in January, down just 2,000 b/d from December, and putting it just above Continue Reading
Southern Iraq oil sales slightly decreased compared to January, but Kurdistan exports from storage pushed nationwide monthly averages up. A worker checks the valve gears of pipes linked to oil Continue Reading
Nature magazine’s new study says Saudi Arabian oilfields are amongst the lowest carbon emitters on the planet, according to the Houston Chronicle . Venezuelan fields took the opposite aplomb, with Continue Reading
The government cannot control large swaths of territory, as Islamic State insurgents solidify footholds and launch attacks targeting security forces and energy infrastructure. Iraqi forces drive past an oil production Continue Reading
