Iran’s Oil Minister Bijan Namdar Zanganeh said his country has taken “many measures” to ensure it can raise crude production in “a very short time” if U.S. sanctions are lifted, Continue Reading
A commercial ship that was previously owned by an Israeli-led company was attacked in the Indian Ocean on Saturday in what appeared to be the latest tit-for-tat in a shadowy Continue Reading
While Saudi Arabia continues to develop its oil industry, it is not shying away from alternative energy options, with state-owned Aramco now heavily investing in hydrogen technology. Saudi Arabia still Continue Reading
Iraqi Oil Minister Ihsan Abdul Jabbar said in a video posted on Saturday on the ministry’s Facebook page that BP (BP.L) was considering withdrawing from Iraq, and that Russia’s Lukoil Continue Reading
Saudi Arabia plans to target international transit passenger traffic with its new national airline, going head-to-head with Gulf giants Emirates and Qatar Airways and opening up a new front in Continue Reading
An official of Iranian Truck and Fuel Tanker Drivers’ Union said Thursday that drivers were refusing to transport fuel due to low or late payments from the government. There has Continue Reading
Iran has been restricting U.N. nuclear inspectors’ access to its main uranium enrichment plant at Natanz, citing security concerns after what it says was an attack on the site by Continue Reading
Highlights Iraq’s quota rose in June to 3.954 million b/d Quota to rise further to 4.016 million b/d in July Iraq is OPEC’s second-biggest producer Iraq’s federal oil exports, excluding Continue Reading
Iraq’s top tax authority has ordered government departments to stop issuing visas and halt imports for nearly two dozen international energy companies whom it accuses of late tax payments. If Continue Reading
Tehran — Iranian President Hassan Rouhani gave assurance on June 30 that recent labor protests did not impact energy supply in the country or its exports and vowed to solve Continue Reading
