Middle East
News
September 13, 2022
Secretary of State Antony Blinken said it was ‘unlikely’ the U.S. and Iran would reach a new nuclear deal anytime soon, adding to Western officials’ downbeat assessment over the prospects for reviving an accord that President Donald Trump abandoned in 2018.
News
September 12, 2022
The International Atomic Energy Agency’s probe into Iran’s past nuclear activities has taken center stage in talks to resuscitate the 2015 deal, where success could unleash a surge in Iranian oil exports.
News
August 31, 2022
Abu Dhabi National Oil Company announced the award of five framework agreements totaling $1.83 billion for Directional Drilling and Logging While Drilling.
News
August 29, 2022
Progress toward an Iranian nuclear deal has thrown the spotlight onto a sizeable cache of crude held by Tehran that could be swiftly dispatched to buyers in the event an agreement gets hammered out.
News
August 24, 2022
Saudi Arabia’s oil exports reached $31 billion in June, the highest in at least six years, driven by a rally in prices and rising production.
News
August 22, 2022
TotalEnergies and Eni made a significant gas discovery at the Cronos-1 well, in Block 6, offshore Cyprus. This discovery follows the Calypso-1 discovery made on the same Block in 2018.
News
August 16, 2022
A last-ditch attempt by Europe to revive the Iranian nuclear deal has stoked speculation that millions of barrels of oil are set to flood world markets. The return could be swift if Tehran’s previous comeback is any guide.
News
August 15, 2022
Saudi Aramco posted the biggest quarterly adjusted profit of any listed company globally driven by high crude prices and production.
News
August 01, 2022
Libya’s crude exports climbed after a ban on production and shipments was lifted in mid-July, a trend that may help cool fears about the OPEC member’s ability to supply global markets.
News
August 01, 2022
Joe Biden took a political gamble with his visit to Saudi Arabia last month, courting a kingdom he once vowed to punish in a quest for more oil supplies. This week will reveal whether it paid off.
News
July 29, 2022
Abu Dhabi National Oil Company (ADNOC) announced a second discovery of natural gas resources in the first exploration well in Abu Dhabi’s Offshore Block 2 Exploration Concession, operated by Eni.
News
July 27, 2022
ADNOC Drilling secured $2 billion wroth of contracts from state-owned Abu Dhabi National Oil Company for its Ghasha offshore mega gas project, which ADNOC says is the world’s largest sour gas development.
News
July 22, 2022
Russia’s President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman discussed continued cooperation within OPEC+ in a phone call, according to a statement from the Kremlin.
News
July 20, 2022
Iran warned that proposed U.S. legislation targeting the Islamic Republic could further imperil stalled Biden administration efforts to resurrect the moribund nuclear deal.
News
July 18, 2022
A U.S. energy envoy said he is confident Persian Gulf producers will increase oil output after President Joe Biden’s visit to Saudi Arabia, where he met with regional leaders.
News
July 18, 2022
Libyan Prime Minister Abdul Hamid Dbeibah said the country’s crude exports are on track for full resumption after months of outages as he justified his replacement of the state-run oil company’s leadership.
News
July 17, 2022
President Joe Biden said he expects further oil supply increases from Saudi Arabia to help tame fuel costs at home after a landmark meeting with the kingdom’s rulers.
News
July 15, 2022
Libya’s government, National Oil Corp. and protesters have reached an agreement to reopen oil fields and export terminals, officials said.
News
July 15, 2022
President Joe Biden will leave the Middle East this week with no announcements on increasing oil supply before a scheduled meeting of producers next month, people familiar with the matter said.
News
July 13, 2022
As U.S. President Joe Biden prepares to visit the Persian Gulf to get more oil onto global markets, political turmoil in another part of OPEC threatens to further undermine the cartel’s production.
News
July 12, 2022
The White House believes the Organization of Petroleum Exporting Countries has room to raise oil production, should an upcoming visit by President Joe Biden to the Middle East yield any agreements.
