Iran has nearly doubled its enrichment capacity dedicated to purifying uranium close to the levels required for nuclear weapons, signaling it won’t de-escalate its atomic activities before meeting again with Continue Reading
Saudi Aramco is looking to raise at least $17bn from the sale of a significant minority stake in its gas pipelines, sources told Reuters today. A sale that large for Continue Reading
An attack with an explosive device on an oil field in the northern Iraqi region of Kirkuk was blamed on Islamic State militants, according to an unnamed source who spoke Continue Reading
A pipeline run by Oil Pipelines Co. in Iraq leaked liquefied petroleum gas on July 20, close to where a large plume of the super-potent greenhouse gas methane was detected. Continue Reading
Saudi Aramco is in advanced talks for an all-stock deal to acquire a stake in Reliance Industries Ltd. ’s oil refining and chemicals business, people with knowledge of the matter Continue Reading
Iran’s crude oil production fell to the lowest in 40 years, according to an updated analysis by the U.S. Energy Information Administration. At less than 2 million bpd, the EIA Continue Reading
Iran has met just one-fifth of its renewable capacity installation target for the five-year period between 2016 and 2021, also because the U.S. sanctions imposed in 2018 significantly slowed down Continue Reading
The recent transfer of IQD200 billion (US$137 million) from the Federal Government of Iraq (FGI) in Baghdad to the semi-autonomous region of Kurdistan’s government (KRG) in Erbil raised hopes that Continue Reading
Highlights Oil output has plummeted to below 100,000 b/d TotalEnergies, OMV players in Yemen Petsec Energy could restart soon Yemen’s oil and gas industry could be at a crossroads after Continue Reading
Iran’s new president picked the former head of the country’s natural-gas company as oil minister, at a time when the Islamic Republic is engaged in fraught negotiations with world powers Continue Reading
