Turkey’s state-owned energy company TPAO has applied for a license to explore crude oil in the eastern Mediterranean, the Turkish Energy Ministry said in a statement in the country’s Official Continue Reading
The world’s largest oil company, Saudi Aramco , is planning to raise tens of billions of dollars by selling more stakes in its businesses. The Saudi Arabian state-controlled firm created Continue Reading
At least 14 rockets hit an Iraqi airbase hosting the U.S. and other international forces on Wednesday, wounding two American service members, U.S. officials said, while Kurdish-led forces in Syria Continue Reading
The pandemic stalled factories and shut down businesses around the world, causing a historic drop in oil demand just as production was reaching new highs. (Originally published April 16, 2020) Continue Reading
Iraq’s output fell to 3.862 million b/d in June Iraq’s quota rose in June vs May It is OPEC’s second-biggest producer Iraq’s total oil production, including flows from the semi-autonomous Continue Reading
There’s a lot of buzz going around about green hydrogen. It’s virtually emissions-free, it burns hot enough to replace combustible fossil fuels, and when it combusts it leaves behind nothing Continue Reading
Lebanon, which is in the midst of a severe economic crisis, is “days away” from a social explosion, the country’s caretaker prime minister warned on Tuesday, moments before renewed, violent Continue Reading
European countries expressed “grave concern” about Iran’s latest move Iran has begun the process of producing enriched uranium metal, it has told the global nuclear watchdog. Tehran informed the International Continue Reading
In keeping with its geographical position directly between Saudi Arabia on its west and Iran on its east, Qatar’s geopolitical positioning is a tricky thing to manage. In recent months, Continue Reading
When the Bush Administration invaded Iraq in the spring of 2003, allegations that the US’ core interest is Iraq’s immense oil bounty were plentiful. Whilst US-based oil services companies certainly Continue Reading
