A BP North Sea field to test U.S. policy on Iran
A small gas field on the edge of the British North Sea could become a litmus test for U.S. policy towards Iran. London-based BP this week agreed to sell to Continue Reading
Turkey Targets $5B Investment In Wind Energy By End-2017
Turkey aims to have $5 billion in wind energy investments by the end of this year, with the awarding of additional wind capacity tenders, the president of the Turkish Wind Continue Reading
Saudi Trade-Off: More Social Freedom, No Political Dissent
In asserting himself over Saudi Arabia, 32-year-old Crown Prince Mohammed bin Salman is imposing a trade-off that appeals to many fellow young Saudis. The prince, in essence, is broadening social Continue Reading
Kurdistan’s Oil Exports Still Below Pre-Conflict Levels
Kurdistan’s crude oil exports increased in the past couple of days, but oil flows are still well below the levels seen before the independence referendum in the semi-autonomous region that Continue Reading
Iraq Wants To Build Gas Pipeline To Kuwait In Blow To Shell
In a bid to reduce gas flaring and pay off outstanding reparations for the 1990 invasion of Kuwait, Iraq has hired Japanese firm Toyo Engineering to help it build a Continue Reading
IS insurgency exploits Baghdad-KRG conflict
Thousands of federal and Kurdish soldiers are pointing their weapons at each other, leaving volatile territory inadequately guarded and vulnerable to an emboldened IS insurgency. Iraqi forces drive past an Continue Reading
Can This Old BP Oil Refinery Help Iran Beat Donald Trump?
At the Middle East’s oldest oil refinery, giant, yellow-brick silos that stored Iranian crude and fuel products are mottled by bullet marks from the war with Iraq in the 1980s. Continue Reading
Exclusive: Westinghouse discussing group bid for Saudi nuclear tender
Toshiba-owned Westinghouse ( 6502.T ) is in talks with other U.S-based companies to form a consortium to bid in a multi-billion-dollar tender for two nuclear power reactors in Saudi Arabia, Continue Reading
Saudi Arabia Squeezes Detainees as It Tries to Seize Assets
A tycoon was called home to Saudi Arabia from abroad for a business meeting and detained when he returned. A billionaire was ordered to turn himself in or be picked Continue Reading
Saudi Corruption Crackdown Could Permanently Boost Oil Prices
The Middle East is heading for a major showdown, if statements made by Saudi Crown Prince Mohammed bin Salman (MBS) and UAE’s minister of Foreign Affairs Gargash are to be Continue Reading