Iraq’s oil minister said that his country policy in OPEC is based on reservations about the unjustified increase in production, ministry of oil quoted him as saying on Tuesday. Ihsan Continue Reading
The first major contracts for Saudi Arabia’s Jafurah field were awarded last week The Kingdom aims to become the third-largest natural gas producer in the world by 2030 Saudi Arabia Continue Reading
The Iran-aligned Houthi movement in Yemen targeted on Tuesday oil infrastructure and military compounds in Saudi Arabia with drones and ballistic missiles, the movement said today on its broadcast channel Continue Reading
Saudi Aramco said on Monday it has signed a $15.5 billion lease-and-leaseback deal for its gas pipeline network with a consortium led by BlackRock Real Assets and state-backed Hassana Investment Continue Reading
With talks on restoring the 2015 nuclear deal at risk of collapse, the Biden administration faces the prospect of having to rely on two of its biggest international rivals, Russia and China, Continue Reading
The chief executive of Saudi Aramco, the world’s largest oil producer, has called on global leaders to continue investing in fossil fuels in the years ahead or run the risk Continue Reading
Transition is amid pressure for less new E&P investment ‘No way near ready to carry big load’: Nasser But energy transition promises higher E&P returns Even as climate change initiatives Continue Reading
Iraq cannot afford low oil prices Iraq seeking supply-demand stability OPEC is working in a ‘positive’ manner Iraq expects the price of oil to rebound and rise above $75/b Continue Reading
Nearly a year into President Biden’s term, a return to the Iran nuclear deal remains elusive — and a new cast of characters on Iran’s side of the table is Continue Reading
Islamic State militants killed four Peshmerga soldiers and a civilian, and wounded six other people in an attack near Qara Salem village in northern Iraq, security sources said on Sunday. Continue Reading
