Russian oil producers are an attractive investment long-term because they have some of the lowest lifting costs globally.
Read More »Abe to Discuss Sanctions and Oil with Iran’s President on Sidelines of U.N. Meeting in New York
Japanese oil distributors are set to halt oil imports from Iran in light of the U.S. request.
Read More »Libya National Oil Firm Headquarters under Attack
Tripoli was shaken by clashes between rival armed groups at the beginning of this month.
Read More »Basra Politician Demand for Autonomy
Oil-rich region has been racked by protests over poor governance by Baghdad.
Read More »US to Impose Devastating Set of Sanctions on Russia
The sanctions proposed against Russia’s energy sector could cause more damage. but the details remain unclear.
Read More »Pertamina to Take Major Indonesia Oil Block from Chevron
Pertamina pushed for the takeover despite questions about its financial capacity following last year’s profit slump.
Read More »US Oil Lobbies against Sanctions on Russia
Western powers imposed sanctions in 2014 after Russia’s annexation of Crimea.
Read More »Putin Invites Trump to Moscow for “Important“ Talk
Putin praised Trump for what he called ".his eagerness to meet all his promises he made to voters during his election campaign.".
Read More »US Oil Companies Ask Congress Not to Ramp Up Russia Sanctions
Opponents claim sanctions unfairly penalize US firms while allowing their foreign rivals such as Royal Dutch Shell and BP to operate in Russia.
Read More »Iraq Puts Plans for a New Oil Company
Lawmakers passed a new law in March to establish the new national oil company.
Read More »