Chevron expects to restart drilling in the semi-autonomous Kurdistan Region in Iraq and is taking steps to remobilize staff and equipment, The Wall Street Journal quoted a Chevron spokeswoman as Continue Reading
Saudi Arabia’s King Salman ordered a deposit of $2 billion to be paid into Yemen’s central bank on Wednesday to shore up the weak Yemeni currency, the Saudi government said. Continue Reading
The oil slick spreading from the site of the sunken Iranian oil tanker Sanchi is getting bigger and moving north, Chinese maritime authorities said. The Chinese State Oceanic Administration said Continue Reading
Russian Foreign Minister Sergei Lavrov said on Monday Moscow will not support attempts by Washington to modify the Iran nuclear deal. Lavrov spoke days after U.S. President Donald Trump said Continue Reading
Royal Dutch Shell RDS.B 1.35% PLC is giving up on its last oil fields in Iraq, leaving the world’s second-biggest oil company with a dwindling footprint in the Middle East—a Continue Reading
Saudi Arabia expects to award the contracts for the construction of its first nuclear reactors in December this year, and will be picking bidders from the pool of U.S., China, Continue Reading
An Iranian oil tanker has sunk after burning for more than a week following a collision on Jan. 6 in the East China Sea, Chinese state media said on Sunday, Continue Reading
Saudi Arabia’s billionaire Prince Alwaleed bin Talal, detained for over two months in an anti-corruption crackdown, is negotiating a possible settlement with authorities but so far has not agreed on Continue Reading
Iran said on Saturday it would retaliate against new sanctions imposed by the United States after President Donald Trump set an ultimatum to fix “disastrous flaws” in a deal curbing Continue Reading
Saudi Arabia plans to prequalify for bidding firms from two or three countries by April or May for the first nuclear reactors it wants to build, a consultant for the Continue Reading
