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Oil & Gas
Iranian Tanker will be Released if Oil isn't Bound for Syria, UK Foreign Secretary Says
An Iranian oil tanker held by British forces near Gibraltar will be released if the United Kingdom is assured the oil will not be heading to Syria, London's top
Oil & Gas
Tropical Storm Barry Reduces Gulf Crude oil Output By 59 Percent
Crude oil output in the U.S.-regulated areas of the Gulf of Mexico has been cut by almost 59 percent, or 1.1 million barrels per day, because of Tropical Storm
Oil & Gas
Iran: The Release of the Tanker is in all Countries' Interest
"This is a dangerous game and has consequences ... the legal pretexts for the capture are not valid ... the release of the tanker is in all countries' interest,
Oil & Gas
Oil Tanker Event Marked the Latest Escalation of Tensions in the Persian Gulf
Britain said Thursday that three Iranian vessels unsuccessfully tried to impede the passage of a British commercial vessel through the Strait of Hormuz, signali
Oil & Gas
Iran’s Islamic Revolutionary Guard Corps have Denied Stopping British Oil Tanker
There were “no encounters” between the Iranian warships and foreign vessels at the time when the alleged incident took place, the IRGC’s naval unit said in a
Oil & Gas
Ignoring The U.S. Sanctions, Iran Still Provides Oil Futures Contracts to Foreign Partners
Iran is going to offer up to three-year oil future contracts for certain international buyers in an effort to offset the impacts of U.S. sanctions on its oil ex
Oil & Gas
A British Oil Tanker has Stopped its Journey Through the Strait of Hormuz
A British oil tanker has stopped its journey through the Strait of Hormuz for fear of being seized by Iran in response to the capture of an oil tanker by UK for
Oil & Gas
Iran's Oil Minister: US, not Iran, Threatens World's Energy Security
Iran's oil minister says the world's energy supply is threatened by the United States, not Iran which is a major guarantor of energy stability and peace in the
Oil & Gas
A tanker Damaged by Iran's Bombing Has Reopened
According to ship tracking data compiled, the Andria Victory is sailing in the northern Gulf and has listed Iran's Bandar Imam Khomeini as its destination.
Oil & Gas
New Report Says Liquefied Natural Gas is The New Coal
It seems that the international boom in liquefied natural gas (LNG) is not the best news for the climate. A newly released report called “The New Gas Boom,” f
Oil & Gas
India Says its Relations with Iran not Influenced by Any Third Country
"India's bilateral relations with Iran stand on their own and are not influenced by India's relations with any third country," Minister of State for External Af
Oil & Gas
US Weighing Extension of Iran Oil Waiver after China's Defiance
The US State Department is seriously considering using an Obama-era loophole to allow China to import oil from Iran, violating the Trump administration’s earli
Oil & Gas
OPEC Formally Embraces Russia, Other Non-Members In Expanded
OPEC used to shift world oil markets with a single announcement. These days, the Saudi-led organization needs help from some key partners — most significantly
Oil & Gas
America's Liquefied Natural Gas Boom May be on a Collision Course with Climate Change
The US energy industry is scrambling to build dozens of expensive export terminals that can be used to ship cheap natural gas to China and other fast-growing ec
Oil & Gas
Iran Warns 'unilateralism' between Saudi Arabia and Russia could Lead to the Death of OPEC
Iranian Oil Minister Bijan Zanganeh believes "unilateralism" among some OPEC members could ultimately lead to the death of the Middle East-dominated producer gr
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