Kurdistan’s Cabinet is enforcing new cuts to the salaries of its armed forces as part of the austerity measures to cope with the financial crisis that has recently deepened due Continue Reading
Saudi Arabia will initiate talks with the U.S. administration within a few weeks about the participation of U.S. nuclear energy companies in the Kingdom’s first civilian nuclear energy project. That’s Continue Reading
Make no mistake, the sale of a 5 percent position in oil giant Aramco will be a once-in-a-generation opportunity. That’s why, as the market moves toward this historic placement, it Continue Reading
Saudi Arabia should not forfeit its “sovereign” right to one day enrich uranium under its planned civilian nuclear program, especially as world powers have allowed Iran to do so, a Continue Reading
Saudi Arabia’s energy minister said it is premature to discuss any changes to the OPEC-led supply cut pact as market rebalancing is unlikely to happen until the second half of Continue Reading
Back when oil was at $100 and above, the Saudi economy was firing on all cylinders, and nobody even dreamed that the crown jewel of Saudi Arabia – Aramco – Continue Reading
Saudi Arabia’s energy Minister Khalid al-Falih speaks at an oil-and-gas conference in Basra, Iraq, on Dec. 4. Saudi Arabia is hunting for an energy deal in American shale country, as Continue Reading
Iraq’s oil ministry said on Thursday it had started to take over operations of Majnoon oilfield from Royal Dutch Shell and planned to lift output in future. The ministry said Continue Reading
Saudi Aramco has held early talks to buy a stake in a U.S. company and has inquired about potentially acquiring assets in the two biggest U.S. oil and gas shale Continue Reading
Tension in Kurdistan is again high as Kurdish protestors have been demanding for two days that the Kurdistan Regional Government (KRG) quit, in the latest fallout from the independence referendum Continue Reading
