Turkey may renew a natural gas deal with Russia with an increased amount from the beginning of 2022, Energy Minister Fatih Donmez said on Thursday. Speaking at a summit via Continue Reading
More than three weeks after Iraqis voted in parliament elections, pro-Iran Shiite militias that emerged as the biggest losers are still rejecting the outcome of the vote, thrusting the country Continue Reading
Iran’s Navy thwarted on Monday an attempted pirate attack on an Iranian oil tanker in the Gulf of Aden south of Yemen, before the vessel entered the Bab el Mandeb Continue Reading
Iraq is in discussions to sign energy deals with Saudi Arabia worth tens of billions of U.S. dollars, according to Iraq’s oil minister. OPEC’s second-largest producer, Iraq, and OPEC’s top Continue Reading
According to senior economic and political sources close to the Iranian government exclusively spoken to by OilPrice.com last week, Tehran is now messaging senior figures in the European Commission in Continue Reading
Highlights Saudi Arabia concerned about climate change: king Kingdom and allies in OPEC+ under pressure to boost supply US official says OPEC+ ramping up output very slowly Saudi king Salman Continue Reading
Saudi Arabia recorded its first quarterly budget surplus in more than two years as higher crude prices boosted the kingdom’s finances. The Gulf nation’s surplus during the third quarter was Continue Reading
Highlights Iraq negotiating with Aramco for gas exploration in Western Desert Iraq also in talks with ACWA Power on clean energy and solar projects Iraq wants to lower reliance on Continue Reading
Iran, the country holding the world’s second-largest natural gas reserves, risks turning into a net gas importer The country must secure some $50 billion in investment to develop its natural Continue Reading
Displaced Iraqis from the village of Mansuriya, Diyala province, where fighting with militant jihadists has been raging, gather on the side of a road as they are heading to the Continue Reading
