As industries around the world increasingly turn towards environmental, social and governance (ESG) strategies to support their recovery from the Covid-19 pandemic, focus is sharpening on sustainable construction in the Continue Reading
Iran has started pumping oil at a giant new reservoir at the offshore Abuzar oilfield in the Gulf, Iran’s oil ministry news service Shana reported on Tuesday. The Iranian Offshore Continue Reading
Highlights Basrah Medium grade to benefit from higher OPEC+ quota New grade most popular out of three Basrah crudes Iraq working to defend market share in India Iraq’s State Oil Continue Reading
For decades, the true numbers relating to Saudi Arabia’s level of crude oil reserves and production have been a subject of much debate and confusion, not helped by the obfuscation Continue Reading
Gulf oil producers are finding it difficult to diversify their economies away from their biggest export revenue contributor, and it may take them at least a decade to make any Continue Reading
Iran has seized 7,000 computers mining cryptocurrency in breach of a recent ban on the electricity-sapping activity, as the Islamic Republic continues to struggle with severe power shortage in the Continue Reading
A hardline victory in Iran’s presidential election has tilted the domestic balance of power towards the country’s anti-Western clergy and away from officials chosen by popular vote, a shift Tehran Continue Reading
Countries in the oil-exporting Gulf will remain heavily dependent on hydrocarbon production for at least the next ten years as efforts to diversify economies have made limited progress since the Continue Reading
Iranian President-elect Ebrahim Raisi said Monday that he opposes talks on limiting Tehran’s ballistic missile program and its support for regional proxy forces. Speaking in the Iranian capital at his Continue Reading
Deadly conflict between the separatist Kurdistan Workers’ Party (PKK) and the dominant ruling party of Iraqi Kurdistan is threatening to shatter an informal truce that has largely kept the peace Continue Reading
