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Oil & Gas Trade
Iran's Oil Exports Reached $35 Billion in Last 12 Months -Ilna
A general view shows a unit of South Pars Gas field in Asalouyeh Seaport, north of Persian Gulf, Iran November 19, 2015. REUTERS/Raheb Homavandi/TIMA Purchase L…
Oil & Gas Trade
With 18 Oil & Gas Projects, Worth $60.2 Billion, in the Works, Qatar Set on Upping the LNG Ante
As Qatar has 18 projects under development across the oil and gas sectors, with an estimated capital expenditure (CAPEX) of $60.2 billion, the Persian Gulf stat…
Iran
Iraq in Need of Iranian Gas for Years: Iraqi Official
Iraqi Minister of Electricity Adel Karim has underlined that Iraq has not struck a deal with the littoral states of the Persian Gulf; thus, Baghdad requires gas…
Energy Investment
Pakistan Invests $305 million to Explore for Oil in UAE’s Persian Gulf
The United Arab Emirates awarded an oil concession to companies from Pakistan for the first time.
Nuclear Policy
EU Signals Confidence in a Prompt Revival of the 2015 Iran Nuclear Accord
Iran and the U.S. are close to a deal that will revive the 2015 nuclear accord, a top European Union official said after the latest talks in Vienna, in the clea…
Crude Oil
Iranian Crude Clogs Chinese Ports Despite US Sanctions
Congestion at one of China’s major refinery hubs was reportedly caused by soaring exports of crude from the Persian Gulf nation, which are expected to grow fur…
Oil&Gas Drilling
Qatar Starts Expansion Drilling At World’s Largest Gas Field
Qatar Petroleum has started the development drilling campaign of the North Field East Project to expand the production capacity of the world’s biggest natural …
Oil&Gas Drilling
UAE’s Latest Natural Gas Discovery Is A Gamechanger
The Persian Gulf is, without doubt, the most prominent oil and gas production area in the world. After decades of intensive exploration and production, the regi…
Market Analysis
Oil Infrastructure at Risk as Iran Looks to Avenge Soleimani's Death
Energy infrastructure around the Persian Gulf could be among the most tempting targets for Iran in seeking retaliation for the U.S. killing of Gen. Qassem Solei…
Oil&Gas Drilling
Saudis to Push for Extension of Oil-Production Cuts at OPEC Meeting
Saudi Arabia will push for an extension of oil production cuts through mid-2020 at a producers’ summit this week in an effort to prop up Saudi Aramco’s initia…
Crude
Iran Launches Operation to Seal an Expanding Oil Leak Off Persian Gulf Rig
Iranian authorities say a major leak that has taken place off an oil rig in the Persian Gulf waters is being contained as they insist more work would be needed …
Oil & Gas Trade
Trump’s Disdain for Alliances Backfires
A strange thing happened when the Trump administration tried to recruit an international coalition of naval forces to protect oil tankers in the Persian Gulf th…
Oil & Gas Trade
Iran Said Seized A Foreign Oil Tanker in the Persian Gulf
Iran said Sunday it has seized a foreign oil tanker in the Persian Gulf for allegedly smuggling fuel, according to the official IRNA news agency.
Oil & Gas Trade
BP Said "Certainly Not Sending British Ships and Crews" Through the Strait of Hormuz
BP plc, the British oil giant that had to shelter one of its tankers in the Persian Gulf this month in fear it could be targeted by Iranian forces, is avoiding …
Oil & Gas Trade
Saudi Arabia is Looking to Raise the Capacity of its East-West Oil Pipeline to 7 Million Bpd
Saudi Arabia, the world’s top crude oil exporter and the largest oil producer in OPEC, is one of the few oil producers in the Middle East that have some altern…
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