International

Exports from the semi-autonomous region of Kurdistan will resume on Saturday, September 27, following agreements reached between Iraq’s federal government, the Kurdistan Regional Government, and a group of international oil companies, Norway-based oil producer DNO ASA said on Friday. However, DNO, one of the major foreign producers in Kurdistan, will …

Washington is making it clear to New Delhi: any path forward on a U.S.–India trade deal runs through Russia’s oil fields. In recent talks, U.S. trade negotiators told Indian counterparts that curbing purchases of Russian crude is critical to lowering America’s punitive tariffs and unlocking a deal, sources told Reuters …

Norwegian oil and gas production exceeded the regulator’s forecast by 2.6% in August, for the second consecutive month, data from the Norwegian Offshore Directorate showed on Tuesday. Last month, oil output in Western Europe’s biggest crude and natural gas producer averaged 1.924 million barrels per day (bpd), up by 7.1% …

Thermal coal imports into Asia reversed a nine-month losing streak last month, rising to the highest in almost a year, Reuters’ Gavin Maguire reported, noting the rise could extend over the coming winter months. Citing data from commodity analytics provider Kpler, Maguire reported that thermal coal imports in Asia jumped …

Hungary has no intention of suspending Russian oil imports despite pressure on the whole of the European Union from U.S. President Donald Trump and EU pressure on Hungary specifically. “We can’t ensure the safe supply [of energy products] for our country without Russian oil or gas sources,” Foreign Minister Peter …

Over the past decade, the Gulf Cooperation Council (GCC), comprising Saudi Arabia, Qatar, the UAE, Bahrain, Kuwait, and Oman, has advanced bold strategies to reshape its economies by reducing reliance on oil while developing new sectors like renewable energy, tourism, financial services, and digital innovation. Charting a course toward long-term …

Russia’s revenues from oil and gas are expected to plunge in September by 23% from a year earlier, as international crude prices have declined and the Russian currency has strengthened, calculations by Reuters showed on Thursday. The decline is not good news for Russia, which is currently planning its 2026 …

A sanctioned oil tanker has unloaded its cargo at the Indian port of Mundra despite the port owner’s order not to allow sanctioned tankers to dock there, Reuters has reported, citing ship-tracking data from Kpler and LSEG. The Mundra port is owned by Adani Group and, according to an earlier …

Ukraine is restricting imports of diesel from India due to India’s continued purchases of Russian crude, which holds about a third of total Indian oil imports. Effective October 1, Ukraine will restrict imports of Indian diesel and will check samples of the diesel in laboratories to detect the presence of …

Over the past decade, the Gulf Cooperation Council (GCC), comprising Saudi Arabia, Qatar, the UAE, Bahrain, Kuwait, and Oman, has advanced bold strategies to reshape its economies by reducing reliance on oil while developing new sectors like renewable energy, tourism, financial services, and digital innovation. Charting a course toward long-term …