Iraqi Oil Minister To Discuss Ceyhan Exports In Turkey
Iraqi oil minister Jabbar al-Luiebi is set to visit Turkey this week to discuss the future of the Ceyhan-Kirkuk oil pipeline, a statement from the Iraqi oil minister said on Continue Reading
Saudi Arabia Is Taking a Harder Line on Oil Prices
Al-Falih says cuts should continue even if there’s a shortage Kingdom needs higher prices to implement economic reforms: RBC For decades, Saudi Arabia was the voice of moderation within OPEC, Continue Reading
Hezbollah Leader Threatens “We Will Open Fire” On Disputed Israeli Offshore Oil & Gas Operations
During a televised address in Beirut on Friday Hezbollah Secretary General Sayyed Hassan Nasrallah once again warned Israel to back off its claims over disputed oil and gas field just Continue Reading
Explaining Saudi Arabia’s Oil Export Strategy
Saudi Arabia continues to keep the market informed about its stance on the OPEC production cut deal, with Khalid al-Falih’s latest guidance that Saudi would prefer to overtighten the market Continue Reading
Iran Ready To Share Its Oil, Gas Resources With India
“Iran is rich in oil and natural gas resources. It is ready to share the natural resources with India for its development and progress,” Indian media quoted Rouhani as saying Continue Reading
Oil production at Iran’s West Karoun nearly doubled in the past year: Zanganeh
Oil production from the West Karoun oilfields in southwest Iran nearly doubled in the past year, oil minister Bijan Zanganeh said in an interview broadcast live on state TV Saturday. Continue Reading
Aramco IPO Stalled by Indecision Over Where to List
Two years after Crown Prince Mohammed bin Salman announced his intention to turn Saudi Arabia’s state-owned oil producer into the world’s largest public company, the kingdom and its advisers remain Continue Reading
Plea for Money Preceded Saudi Crackdown on Elites
A sweeping, self-styled anticorruption campaign that has upended Saudi Arabian politics and business started with a request from the country’s king and new crown prince to prominent citizens: Make patriotic Continue Reading
Iranians Prayed for Rain, but Were Covered in Snow
In recent years, Tehran has mainly been covered in yellow smog during the winter months, but it was blanketed in snow on Sunday. Some had started praying for rain. Others Continue Reading
Aramco Targets Thriftier Engines to Defuse Electric-Car Threat
Company developing ‘radical’ compression engines: Al-Khowaiter Saudi Aramco says crude-to-chemicals helping drive oil demand While Saudi Arabia tries to wean its economy off crude, the nation’s flagship company is devising Continue Reading