Ghadhban replace Jabbar al-Luaibi as oil minister.
Read More »Libya Expects Output to Reach Qaddafi-Era Levels
North African country aims to reach a target of 1.6 million barrels a day from 1.25 million barrels currently.
Read More »Iranian Oil to Be Available for Intl Traders at Energy Bourse
Washington reimposed sanctions on Tehran after the US withdrawal from the Iran nuclear deal in May.
Read More »US Attempt to Dominate Global Oil Markets
OPEC has no capacity to compensate for a lack of oil output caused by the US.
Read More »Europe`s Economy could Suffer from Iran Sanctions
Iran’s exports of crude oil and condensate peaked in June at about 2.7 million bpd.
Read More »China Cuts Iran Oil Purchases Ahead of U.S. Sanctions
Sinopec and CNPC are skipping bookings for November because it is unclear if Chinese buyers could win waivers from the sanctions.
Read More »A New Climate Change Lawsuit Takes Aim at ExxonMobil
Exxon’s role in covering up the impact of climate change has come to light in the recent years.
Read More »Venezuela has the Biggest Crude Oil Reserve in the World
Tthis country is the biggest in terms of crude oil reserves.
Read More »Big Oil Exporters must Diversify Economies
The IEA said it looked in particular at Iraq. Nigeria. Russia. Saudi Arabia. the United Arab Emirates and Venezuela.
Read More »North Korea`s 2017 bomb test set off later earthquakes
North Korean nuclear bomb test last fall set off aftershocks over a period of eight months.
Read More »