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Iran Peddling 1MM Barrels of Oil Again
Monday, April 15, 2019 The Iran Energy Exchange is offering another million barrels of light crude.
Will Aramco's $10B Bond Open Pandora's Box?
Wednesday, April 03, 2019 Entering the international financial markets will have a direct effect on how the Kingdom's overall revenue-generating capacity is assessed.
Israeli Gas Partners May Increase Supply to Egypt
Tuesday, March 26, 2019 The companies developing Israel's largest natural gas field are in discussions to increase the amount of supply to Egypt beyond the $15 billion deal inked last year.
Aramco Chief Sees Perception Crisis for Oil Industry
Tuesday, February 26, 2019 "Our stakeholders are clearly tuning out," Saudi Aramco's CEO said.
Oil Crash Is Over But Debt Is Still Growing in Gulf
Thursday, February 14, 2019 The oil crash came and went but the debt pile it left across the Gulf is still growing.
Saudi Oil Output Cuts Exceed OPEC Pledge
Friday, February 01, 2019 The cartel has implemented nearly 80 percent of its deal to cut output.
Saudis Pledge Deeper Oil Cuts in February
Monday, January 28, 2019 Saudi Arabia expects to reduce oil output once again in February.
Bonds Beckon OPEC's Top Arab Producers in 2019
Monday, December 31, 2018 Gulf Arab energy companies are expected to borrow more in 2019 to finance expansion plans after rising oil prices triggered a sharp retreat from debt markets in 2018.
Middle East Leads Global Supply of Conventional Oil
Thursday, December 20, 2018 Analysts expect Middle Eastern oil production to grow by 2.7 million barrels a day by 2025.
Qatar Decision to Quit OPEC Surprises
Monday, December 03, 2018 Qatar's decision to leave OPEC has been described as a 'surprise' by Cantor Fitzgerald Europe.
Saudi Arabia's DC Lobbyists Reassess Ties to Kingdom
Friday, October 26, 2018 Saudi Arabia has been a windfall for Washington's influence industry.
Total's Pouyanne Steps Into the Eye of Saudi Storm
Tuesday, October 23, 2018 Total boss Patrick Pouyanne proved once again that he'll go where other business leaders fear to tread.
US, Saudi Tensions Warrant Oil Market Attention
Thursday, October 18, 2018 U.S. and Saudi Arabia tensions warrant the oil market's attention, but there is no cause for alarm – yet.
Near Term Future of Saudi Oil Sector Examined
Wednesday, October 17, 2018 Analysts from Verisk Maplecroft and EY comment on the near-term future of Saudi Arabia's oil and gas sector.
Top Oil Traders Say Iran Sanctions Hit Harder Than Expected
Wednesday, October 10, 2018 Sanctions on Iranian oil exports are hitting much harder than most people predicted
Saudi-Russian Cooperation Marks New World Order For Oil
Monday, October 08, 2018 OPEC+ with Saudi-Russian cooperation will retain its hold on global oil supply and continue to reshape the world order for oil.
Iran Says Oil Market Is Too Tight For US Zero Exports Target
Friday, September 14, 2018 The US will find it difficult to cut Iran's oil exports completely as the oil market is already tight and rival producers cannot make up the shortfall, official says.
OPEC To Discuss Compensating For Iranian Supply Drop After US Sanctions
Wednesday, August 29, 2018 OPEC will discuss in December whether producers can compensate for a sudden drop in Iranian oil supply after US sanctions against Tehran start in November.
OPEC Sources: Saudis Cut July Production
Friday, August 03, 2018 Saudi Arabia, which recently pledged oil-supply increases to tame rallying crude prices, cut production last month, according to OPEC delegates.
Iran Oil Ministry Limits Senior Managers to 4-Year Terms
Monday, July 30, 2018 Iran's Oil Minister Bijan Namdar Zanganeh is imposing 4-year term limits for all top oil managers at state-run energy companies.
Saudi Aramco CEO: Deal for Sabic Would Affect IPO Timeline
Monday, July 23, 2018 Saudi Aramco signaled another potential delay for the world's largest initial public offering after it started talks this week to buy a stake in a local petrochemical company.
Protesters At Iraq's Siba Gas Field Demand Jobs, Better Services
Monday, July 16, 2018 About 200 protesters gathered at the main entrance to Iraq's Siba natural gas field on Monday, police sources say.
S. Arabia will be 'Reluctant to Exhaust' its 'Substantial' Spare Capacity
Tuesday, July 10, 2018 Saudi Arabia will be 'reluctant to exhaust' its 'substantial' spare capacity, according to oil and gas analysts at BMI Research.
Iran Access to Oil, Financial Markets Unresolved in Vienna Talks
Friday, July 06, 2018 The bulk of Iran's oil revenues and banking ties will be at stake if neither can be protected by the EU.
Saudis to Balance Chasing Buyers and Charging More
Tuesday, July 03, 2018 Saudi Arabia will have to navigate a particularly delicate balance between.
Trump Says Saudis Must Compensate For Drop In Iran Oil Supply
Monday, July 02, 2018 President Trump lashes out at OPEC with a warning to stop manipulating oil markets and piles pressure on US ally Saudi Arabia.
Iran Rules Out OPEC Deal As Russia, Saudi Push For Oil Output Hike
Tuesday, June 19, 2018 Iran says OPEC is unlikely to reach a deal on oil output this week.
Saudi Oil Output Said to Rise Above 10 Million Barrels a Day
Monday, June 11, 2018 Saudi Arabia boosted daily oil output in May to the highest level since October, ahead of meetings with Russia and other global producers next week.
OPEC Likely To Reject Iran Request For Discussion Of US Sanctions
Friday, June 08, 2018 OPEC is likely to reject a request by Iran to discuss US sanctions against Tehran at this month's meeting of the oil producer group, a source says.
Saudi Crown Prince, UK PM Note Importance Of Oil Market Stability
Monday, June 04, 2018 Saudi Crown Prince Mohammed bin Salman and British Prime Minister Theresa May discuss the importance of oil market stability, May's office says.
Saudis, Kuwait, UAE Are Said to Plan Meeting on OPEC
Tuesday, May 29, 2018 Energy ministers from Saudi Arabia, the United Arab Emirates and Kuwait plan to meet on Saturday to discuss OPEC matters.
Under Pressure From Trump, Saudis Put Brakes on Oil's Rally
Friday, May 25, 2018 The world's largest oil exporter just made quite a policy swerve.
Iran Sanctions and the Oil Market: Three 'What If' Scenarios
Friday, May 25, 2018 It's unclear whether the US will have company in re-imposing sanctions on Iran.
Saudi Arabia Assures On Supply As Oil Hits $80 A Barrel
Friday, May 18, 2018 Saudi Arabia says it is consulting other oil producers in and outside OPEC to ensure the world has adequate supplies to support economic growth.
Total Stops Iran Gas Project as Risk From Sanctions Too High
Wednesday, May 16, 2018 Total says it will not risk investing in Iran following the return of US sanctions, unless it can secure a waiver.
Total, Shell Sign Energy Development Agreements with Oman
Monday, May 14, 2018 Total and Shell sign energy development agreements with the government of Oman.
Big Gulf Arab Economies May Be Winners As US Exits Iran Deal
Wednesday, May 09, 2018 Now, Riyadh faces an ideal situation.
Iran Prepares To Export New Oil Grade Amid Sanctions Threat- Sources
Tuesday, May 08, 2018 Iran is readying the first commercial exports of its West Karoun crude oil grade for May or June, 2 sources familiar with the matter said, even as fresh economic sanctions against the country loom.
Total at Risk of Losing Gas Field Stake to CNPC If It Quits Iran
Monday, May 07, 2018 Total, the only Western energy major investing in Iran, will lose its stake in the South Pars natural gas field to its Chinese partner if the Paris-based company withdraws from the country.
OTC 2018: McDermott Exec Sees More Enthusiasm in Middle East
Thursday, May 03, 2018 The outlook for oil and gas operators and technology and service providers in the Middle East is growing rosier and more competitive, an executive with McDermott told Rigzone.
Saudi Arabia's Economic Revamp Is Still an Oil Story
Wednesday, May 02, 2018 Saudi Arabia's efforts to shore up public finances and revive economic growth are still pretty much dependent on oil prices.
Lebanon to Prepare for Second Offshore Oil, Gas Licensing Round -Minister
Tuesday, April 24, 2018 Lebanon's energy minister said he had asked the country's petroleum authority to start preparing for a second oil and gas offshore licensing round, but did not give a timeline for when it might happen.
Down In Saudi Amnesia, They're Partying Like It's 2008: Gadfly
Monday, April 23, 2018 It's startling how quickly the lessons of 2008, or indeed the last price crash of 2014, are being ignored.
Analysts: New Find Won't Yield 'Significant Economic Windfall' for Bahrain
Thursday, April 19, 2018 Oil and gas analysts at BMI Research do not expect Bahrain's recent discovery of a large oil and gas field to yield a 'significant economic windfall' for the country.
Interest in ADNOC Licensing Round Will Likely be 'Substantial'
Thursday, April 12, 2018 Interest in Abu Dhabi National Oil Company's first competitive exploration and production licensing round will likely be 'substantial', according to oil and gas analysts at BMI Research.
Iran's Oil Minister Says $60 Is A Good Price For Crude Oil
Wednesday, April 11, 2018 Iranian Oil Minister Bijan Zangeneh says $60 a barrel is a good price for oil currently.
Yemen's Houthis Say Launched Drone Attack On Saudi Aramco Facility
Wednesday, April 11, 2018 Yemen's armed Houthi movement says it has launched a drone strike on a facility belonging to oil giant Saudi Aramco in southern Saudi Arabia.
Top Iraq Court Set To Rule On Kurdistan Region's Oil Exports
Monday, April 09, 2018 Iraq's top court will begin hearings in May on the legality of oil exports from Kurdistan.
Analysts: Iran, Venezuela Biggest Political Risks Facing Oil Sector in 2018
Friday, April 06, 2018 The largest political risks facing the oil and gas sector this year remain centered around Iran and Venezuela, according to BMI Research analysts.
Baker Hughes, GE Sign Contract with Iraq to Process Natgas at Two Fields
Monday, April 02, 2018 Baker Hughes and General Electric signed a contract with Iraq's government to process natural gas extracted alongside crude oil at two fields in southern Iraq, the oil ministry said.