Just when it looked like Iraq was becoming a regional leader it decided to halt a $2 billion pre-paid oil supply deal with China’s state-owned Zhenhua Oil Co. despite aims Continue Reading
The United States said on Sunday it carried out another round of air strikes against Iran-backed militia in Iraq and Syria, this time in response to drone attacks by the Continue Reading
Iran said on Monday it has yet to decide whether to extend a monitoring deal with the U.N. nuclear watchdog which lapsed last week, amid Washington’s warning that Tehran’s failure Continue Reading
Highlights Iraq aims to generate 20-25% of energy from renewables Country suffers from electricity shortages, especially in summer Also seeks to lower oil volumes used for power generation Iraq has Continue Reading
One of OPEC’s largest producers, the United Arab Emirates (UAE), is considering the potential adoption of a net-zero by 2050 goal, Bloomberg reported on Thursday, citing sources with knowledge of Continue Reading
Iran is without doubt one of the wealthiest countries in terms of energy production. Not only does the Middle Eastern country possess the world’s 2 nd largest natural gas reserves Continue Reading
The United States has agreed to lift all sanctions on the Iranian oil and shipping industry and to remove several senior officials from a blacklist, Reuters has reported , citing Continue Reading
The value of Saudi Arabia’s oil exports in April climbed 109% to 51.7 billion riyals ($13.79 billion) from a year earlier while non-oil exports rose by 46.3%, official data showed Continue Reading
A view shows branded oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov DUBAI, June 23 (Reuters) – Saudi Arabian oil giant Aramco Continue Reading
American authorities took down a range of Iran’s state-linked news websites under unclear circumstances on Tuesday, the U.S. and Iran said, a move that appeared to be a far-reaching crackdown Continue Reading
