Iraq produced 4.05 million barrels per day (bpd) of crude oil in June, slightly lower than May output of 4.10 million bpd , according to an independent field-by-field tally of Continue Reading
The draft agreement between Iran and world powers over the possible restoration of the so-called nuclear deal is incompatible with a recently passed Iranian law, a government spokesman in Tehran Continue Reading
Saudi Aramco has suffered a data breach in which cyber attackers have stolen 1 terabyte of proprietary data of Saudi Arabia’s oil giant and are selling it on the dark Continue Reading
Lax oversight, outdated infrastructure, and extreme heat combust as Iraq’s oil capital suffers three fire emergencies in a single day. Iraqi fire-fighting teams battle a blaze at the West Qurna Continue Reading
Saudi Arabia’s crude oil exports rose in May to 5.649 million barrels per day (bpd), their highest level in four months, Joint Organisations Data Initiative (JODI) said on its website Continue Reading
The U.S. is considering tighter sanctions on Iranian oil sales to China as a way to encourage Tehran to conclude a nuclear deal and raise the costs of abandoning stalled Continue Reading
The United States is considering clamping down on Iran’s rising oil exports to China as a tool to either force Tehran to conclude a nuclear deal or punish it if Continue Reading
Sovereign rating downgraded to A+ Kuwait’s economy will likely grow 0.5% in 2021 Oil makes up 90% of government revenue Kuwait’s oil sector is expected to contract in 2021 due Continue Reading
Would be Iran’s 2nd main oil terminal Rouhani wants it running by Aug. 3 Loading capacity is 350,000 b/d Iran is set to start loading crude oil at the Jask Continue Reading
Kuwait was downgraded by S&P Global Ratings for a second time in less than two years after a fall in oil revenue and increased spending pressured the Persian Gulf nation’s Continue Reading
