Abu Dhabi Expands Worldwide Solar Investments
In May Abu Dhabi Water and Electricity Authority (ADWEA) closed a project finance agreement for the 1.17-GW Noor Abu Dhabi, a project set to be the largest independent solar plant Continue Reading
Saudis Lead Gulf Movement To Diversify Away From Oil
With the Saudi Aramco initial public offering set to debut on international markets in 2018, the oil world is watching closely as the OPEC leader transforms its economy under Crown Continue Reading
After the Vote, Does the Kurdish Dream of Independence Have a Chance?
Even before the Kurds had stopped celebrating their vote for independence, Iraq, Turkey and Iran began trying to undercut it. ERBIL, Iraq — After a century of yearning , the Continue Reading
Oil sales agreement reached with Kurdish government
Operations in the Kurdish north of Iraq are going according to plan and sales agreements are moving forward, a Canadian energy company said Friday. ShaMaran Petroleum Corp., a Canadian company Continue Reading
Turkey To Meet With Iran, Iraq Over Kurdish Independence Vote
Turkish Prime Minister Binali Yildirim said on September 28 that he wants to hold a summit with Iranian and Iraqi leaders to coordinate their response to the Kurdish vote for Continue Reading
US sanctions against Iran would see grudging international compliance
If the US reimposes sanctions on Iran’s oil sector without the support of Europe, China and Russia, it will see grudging and uneven compliance by international energy companies and will Continue Reading
Zarif calls on Europe to save Iran nuclear deal
Iran’s foreign minister has said he expects US President Donald Trump will not uphold a historic nuclear agreement next month, and called on Europeans to step in to protect the deal. Continue Reading
Aramco listing reshapes Saudi Arabia’s OPEC oil policy
Saudi Arabia’s plans to float state oil titan Aramco are prompting the country to think the unthinkable. Late last year, Saudi Arabia tried to get fellow oil producers around the Continue Reading
Turkey Inches Closer To Disrupting Kurdish Oil Exports
Turkey supports Iraq’s decision that the oil trade should be done only by the central government, reaffirming it will deal only with Baghdad, in a move that could disrupt or Continue Reading
Saudis Raise $12.5B To Plug Budget Deficit From Low Oil Prices
Saudi Arabia said on Thursday that it had issued US$12.5 billion in three tranches of notes, the second issue under its Global Medium-Term Note program, as the desert Kingdom desperately Continue Reading