Saudi Arabia Hikes July Crude Oil Exports To Six-Month High
Saudi Arabia’s crude oil exports rose to above 6 million barrels per day (bpd) in July, to the highest volume in six months, as the OPEC+ alliance continued to ease Continue Reading
The Battle For Control Of East Mediterranean Energy
The history of oil and natural gas is marred by instability and conflict. The rise of the Eastern Mediterranean as a prolific energy region has increased existing tensions between certain Continue Reading
Can Iran Overcome U.S. Sanctions And Become A Top Oil Producer?
Two weeks ago, Iran announced it was planning to boost oil output and exports despite ongoing sanctions by the U.S. As we see continually increased output from Iran since the Continue Reading
Saudi Arabia May Open Up Massive Gas Field To Foreign Investment
Saudi Arabia’s state-owned oil giant Aramco may soon open up a massive upstream asset to foreign investment. It would be a rare move for OPEC’s top oil producer and the Continue Reading
Saudi Arabia On Edge As The U.S. Withdraws From The Middle East
The strategic relationship between the House of Saud and the US Administration is worsening by the day, as shown by repeated unexpected changes in president Biden’s approach to the Kingdom Continue Reading
Gas capture program bolsters Tawke oil production
Over the past few years, Norway’s DNO has faced uncertainty around when it would be able to drill more wells to offset the natural decline of existing production at Tawke, Continue Reading
Egypt: Petroleum Minister – President Directs Prompt Delivery of Natural Gas to Lebanon
Minister of Petroleum and Mineral Resources Tarek El Molla said President Abdel Fattah El Sisi has directed transfer of gas to Lebanon at the nearest possible time. During an interview Continue Reading
IAEA chief in Iran for talks before showdown with West
U.N. nuclear watchdog chief Rafael Grossi is set for talks in Iran on Sunday that may ease a standoff between Tehran and the West just as it threatens to escalate Continue Reading
Iran Pledges to Cooperate With U.N. Atomic Agency, Easing Nuclear Talks Threat
Iran reached an agreement Sunday with the United Nations atomic agency that will grant international inspectors access to some of the country’s nuclear-related sites, a step likely to avert a Continue Reading
Khor Mor expansion gets $250 million boost from U.S.
The Pearl Petroleum consortium led by the UAE’s Crescent Petroleum and Dana Gas has signed a $250 million financing agreement with the U.S. International Development Finance Corporation (DFC) to fund Continue Reading