Saudi Arabian Energy Minister Khalid al-Falih said on Thursday that he was worried about future energy security, especially in Asia, because of strong demand growth, and reiterated his country’s support Continue Reading
Iraqi security forces are gaining control of the Akkas gas field, as they prosecute the final phase of an offensive to dislodge the self-proclaimed Islamic State (IS) militant group from Continue Reading
Saudi Arabia has sent a request for information (RFI) to international suppliers to build two nuclear power plants, a first step towards a formal tender, three sources said. The kingdom Continue Reading
Days after the federal North Oil Company restarted exports through the KRG-controlled pipeline, the Oil Ministry ordered a stop. Iraq’s state-run North Oil Company (NOC) has stopped pumping crude into Continue Reading
Top oil exporter Saudi Arabia will hike December crude prices for customers in Asia to levels last seen in 2013 or 2014, a Reuters survey showed, with OPEC-led output cuts Continue Reading
The IMF estimated that Saudi Arabia will need oil prices to trade at about $70 per barrel in 2018 for its budget to breakeven, a dramatic improvement from the $96.60 Continue Reading
Kurd region exported 264,000 barrels a day before brief halt Latest stoppage came after Iraq retook Kirkuk area from Kurds Oil exports resumed from Iraq’s Kurdish region after halting earlier Continue Reading
The United Arab Emirates will continue to reduce its oil output to meet its commitment to a global oil production cut agreement, its Energy Minister Suhail al-Mazroui said. “As part Continue Reading
Crude oil from northern Iraq, including from the Kurdistan region, stopped flowing from the oil pipeline between Kirkuk and the Turkish Mediterranean port of Ceyhan early on Monday local time, Continue Reading
Kurdistan’s President Masoud Barzani announced his resignation three days before the end of his term in office, with violence erupting against the autonomous region’s parliament, according to tweets from Erbil. Continue Reading
