Israel to eliminate use of coal, gasoline, diesel by 2030
Israel’s energy minister said this week that the country aims to eliminate the use of coal, gasoline and diesel fuel by 2030. Speaking at an energy conference in Tel Aviv, Continue Reading
Russian oil company Rosneft in the mix for northern Iraq
The rehabilitation of a pipeline from northern Iraq could be in the cards for global oil companies, Iraq’s oil minister said at talks with a Russian company. Iraqi Oil Minister Continue Reading
U.S. Shale Surge Offsets Lowest Saudi Oil Imports Since 1980s
American crude production rose to record in November U.S. petroleum exports soared to fresh highs in 2017 America’s role in the global oil market was flipped on its head in Continue Reading
Kurdish-Iraqi Deal Could Restore Oil Production
The two sides reached an accord that is expected to lead to the restart of oil flows through a Kurdish pipeline to Turkey, which has been shut down since last Continue Reading
Kirkuk oil still hostage to political stalemates
Kurdistan’s export pipeline to Turkey is the key to unlocking stranded Kirkuk production, but Baghdad, Erbil, and Ankara cannot agree on terms. Iraqi Prime Minister Haider al-Abadi (center) and Oil Continue Reading
Saudi Arabia Won’t Substantially Raise Output if Agreement Isn’t Extended
Saudi Arabia will not substantially increase its oil output over the next 2-3 years if the OPEC production cut agreement is not extended, say analysts at BMI Research. Saudi Arabia Continue Reading
In Search Of Investors, Saudi Arabia’s Crown Prince Is Coming To America
Mohammed bin Salman bin Abdulaziz al Saud, the Crown Prince of Saudi Arabia, will be leaving his kingdom next month for a three-week charm tour. His agenda hasn’t yet been Continue Reading
France’s Total Could Bid To Build 150,000-Bpd Oil Refinery In Iraq
France’s oil and gas major Total is interested in bidding for the construction of a 150,000-bpd oil refinery in Nassiriya in Iraq, Reuters reported on Tuesday, citing two sources familiar Continue Reading
Iraq open to business, including with Rosneft, foreign minister says
Baghdad is open to business with any company interested in supporting the country, Iraqi Foreign Minister Ibrahim al-Jafari said in Moscow on Wednesday, answering a question about the activities of Continue Reading
Iraq preparing to tender water injection project if Exxon talks fail
Iraq’s Basra Oil Co is preparing to tender for a water injection project vital to increase its oil production capacity if talks with Exxon Mobil fail, the head of the Continue Reading