Iran'.s nuclear programs will strongly continue despite the sanctions.
Read More »Cyberattacks Linked to Iran Appear to Target Bahrain Petroleum Co.
An Israeli cybersecurity firm has identified a new type of ransomware that it believes was created by Iran and has the ability to lock up or even delete industrial control systems.
Read More »OPEC Considering Moving March 5 Meeting Forward Due to Coronavirus Impact
OPEC and 10 allies agreed in December to implement 1.7 million b d of production cuts for the first three months of 2020.
Read More »U.S. will Remain Net Energy Exporter from 2020 till 2047
The United States became a net natural gas exporter on an annual basis in 2017.
Read More »Oil Mixed as Virus Fears. U.S. Stock Build Face Talk of Further OPEC Cuts
Jet fuel demand has slumped in Asia as airlines have cancelled connections.
Read More »OPEC may Meet Early as Coronavirus Impacts Oil Prices
OPEC members are considering holding an emergency meeting next month. as oil prices sink on concern the coronavirus outbreak will hit demand.
Read More »Venezuela Weighs Privatizing Oil in Face of Economic Free Fall
Venezuelan President has proposed giving majority shares and control of its oil industry to big international corporations. a move that would forsake decades of state monopoly.
Read More »U.S. to Extend Four Sanctions Waivers On Iran Nuclear Program
The Trump administration intends to extend sanctions waivers allowing limited work on Iran’s civil nuclear program for another 60 days.
Read More »New U.S. Limits on Huawei Suppliers Coming Soon. Ross Says
Commerce Secretary Wilbur Ross said new rules are coming soon that will put more limits on U.S. companies supplying China’s telecommunications leader Huawei Technologies Co.
Read More »$6 Million Bribes Helped to Win Iraq Oil Deals. Prosecutors Say
Maneuvering. manipulation and $6 million in bribes helped oil companies win contracts with Iraq in the aftermath of Saddam Hussein’s reign. U.K. prosecutors said.
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