Saudi Aramco IPO May Not Happen If Oil Prices Rise
Apart from trying (and managing) to talk up oil markets in recent months, Saudi Arabia has been stoking investment banks as well with the plan to sell 5 percent of Continue Reading
Analysis: What Iraq reveals about Rex Tillerson
Rex Tillerson has never held a government position, but he does have a long track record of conducting foreign policy as the leader of ExxonMobil – one of the largest Continue Reading
Total, Shell, Eni Eligible to Bid for New Iran Oil, Gas Projects
The National Iranian Oil Company (NIOC) revealed that several European oil and gas companies will be eligible to bid for the country’s new oil and gas projects. The National Iranian Continue Reading
Iraqi PM says Kurds exporting more oil than allocated
Iraq Prime Minister Haider al-Abadi said the autonomous Kurdish region was exporting more than its allocated share of oil as the country seeks to comply with an OPEC output cut. Continue Reading
Is The OPEC Deal Falling Apart Already? Iraq Accuses Kurds Of Non-Compliance
Back on December 15, two weeks ahead of the day the OPEC production cut agreement was set to begin, according to which some 1.2 million barrels per day in oil Continue Reading
Analyst: Istanbul Attack Precursor To ISIS Strike On Saudi Oil
ISIS has claimed responsibility for the shooting in a nightclub in Istanbul on New Year’s Eve, in which a gunman – who is still at large – killed 39 people, Continue Reading
Saudi Arabia to raise February term crude prices to Asia
Top oil exporter Saudi Arabia is expected to raise prices for all grades of crude it sells to Asia in February, tracking strength in the Dubai price benchmark and robust Continue Reading
Saudi cabinet stresses need to implement oil output cut: statement
Saudi Arabia stressed on Monday the importance of co-operation among oil producers to abide by a decision in November to cut production. OPEC agreed in November its first oil output Continue Reading
Iran Qualifies CNPC to Total for Bidding on Energy Projects
Iran qualified 29 international oil companies to bid in upcoming tenders for crude and natural gas development projects as the Persian Gulf state seeks investment in energy. China National Petroleum Continue Reading
Iraq: Suicide bombing kills at least 22 in Baghdad
A suicide bomber blew up his explosives-laden vehicle Monday in a bustling market area in Baghdad, killing at least 22 people, Iraqi officials said, hours after the arrival of French Continue Reading