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The Kurds are expected to vote on their political status in late September.
Read More »Could Kurdish Independence Spark an Oil War?
The World’s Largest Offshore Oil Field Is Back in Action
Whatever the outcome. after several years of stagnation since 2010. Kazakh crude output will rise in both mid- and long-term.
Read More »Vitol Ups Cash-for-Oil Deals with Kazakhstan to $5B
Vitol. the world’s largest independent commodity trader. is increasing its export prepayment deals to secure more oil trade with cash-strapped producers.
Read More »TANAP Construction Completed by Over 80%
TAP’s shareholding is comprised of BP (20 percent). SOCAR (20 percent). Snam S.p.A. (20 percent). Fluxys (19 percent). Enagás (16 percent) and Axpo (5 percent).
Read More »Lebanon Passes Oil Tax Law Ahead of First Energy-Rights Auction
Lebanon is seeking to develop its energy assets after lagging behind Cyprus. Egypt and Israel in exploring for oil and natural gas in the eastern Mediterranean.
Read More »Bahrain: Oil will Keep Gulf Region Vital Globally
Oil will remain the most important commodity in the world.
Read More »OPEC`s Rebalancing Strategy Shifts as US Oil Imports Drop
The global oversupply and competition from US Shale are persistently challenging the oil cartel'.s plans.
Read More »Saudi to Increase Oil Prices by 80%
Further delays to cuts in government subsidies will not come as a surprise as security officials in the country deal with low level unrest.
Read More »Iran. Iraq to Synchronize Power Grids Within Months
Iran is ready to take a serious part in reconstruction of the Iraqi electricity grid once terrorists have been eliminated from the area.
Read More »China`s Oil Demand Is Growing at More Than Double Last Year`s Pace
China may indeed join the ranks of countries banning fossil fuel vehicles.
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