Iran and Iraq are moving closer to building a pipeline that would export crude oil from the northern Iraqi fields of Kirkuk via Iran, Iranian Oil Minister Bijan Zanganeh said Continue Reading
General view of the Kaaba at the Grand Mosque in Mecca, Saudi Arabia September 9, 2016. Ahmed Jadallah/File Photo DUBAI (Reuters) – Saudi Arabia’s foreign minister called Qatar’s demands for Continue Reading
Back in late May, Saudi Oil Minister Khalid Al-Falih said that ‘exports to the U.S. will drop measurably ‘, as the OPEC Kingpin adjusted its focus to reducing exports to Continue Reading
Russia and Iranian agreement involves the potential to tap into Iranian oil fields. The signing of the deal comes as both countries face tighter sanctions pressure from U.S. lawmakers. Image Continue Reading
The Saudi Arabia-led coalition and the Yemeni government blocked four oil tankers from entering the Hudaidah port on the Red Sea, in a move that will likely worsen the health Continue Reading
President Trump, frustrated that his national security aides have not given him any options on how the United States can leave the Iran nuclear deal, has instructed them to find Continue Reading
Iraq has entered direct negotiations with a Chinese consortium for the combined Nassiriya refinery and oil field development project. PetroChina and the China National Offshore Oil Corp. (CNOOC), which have Continue Reading
Offshore gas developments in the East Mediterranean region are heating up. Alongside increased exploration efforts and a possible gas pipeline deal between Turkey and Israel, geopolitical risks are increasing too. Continue Reading
Saudi Aramco’s advisers have recommended London for the historic listing of the oil company, with U.S. disclosure rules a concern for Saudi authorities, sources familiar with the matter told Reuters. Continue Reading
The sweltering heat of Saudi Arabian summer will feel like a cool breeze compared to the geopolitical fire that could soon take over the country if ongoing internal power struggles Continue Reading
