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Trump is expected to have a decision on the nuclear deal as early as Friday.
Read More »Europe Braces for End of Iran Nuclear Deal
New Iran Sanctions Could Send Oil Prices Higher
U.S. sanctions could cut off a lot of Iranian oil trade finance.
Read More »Kurdistan Region Says Iraqi Forces Preparing Major Attack in Oil-Rich Kirkuk
Iraqi forces captured Mosul from Islamic State in July. after a grueling nine-month U.S.-backed offensive with the participation of Kurdish Peshmerga.
Read More »Sanctions Against Russia May Last at Least a Decade – Lukoil Boss
Alekperov is Lukoil'.s largest shareholder and owns about a quarter of the firm.
Read More »Indonesia`s Drive to Reduce Oil Imports a Boon for Producers
With oil demand at about 1.2 million bpd and production at about 800.000 bpd. investors in Indonesia’s oil and gas sector will have a big supply gap to fill.
Read More »Saudi Arabia Is Losing Market Share to Its OPEC Rivals
Iran is growing its production. as it was allowed to pump an additional 90.000 bpd based on its October production level under the OPEC cut deal.
Read More »Iraq Shifts Gears with Plan to Fix Unused Oil Pipeline to Turkey
The government'.s latest move allows Baghdad to export crude without depending on Kurdish region.
Read More »India Offers $11bn to Develop Iran’s Farzad B Gas Field
The investment includes $5.8 billion for developing Farzad B and another $5 billion to build a facility to liquefy the gas and export it as liquefied natural gas (LNG).
Read More »Up Against Germany. EU Bid for Gas Talks with Moscow Falters
Merkel says she sees no need for the EU to get involved. and her government has sought assurances from Moscow that it will keep pumping gas through Ukraine after its gas transit contract expires in 2019.
Read More »Rising OPEC Production Weighs On Oil Prices
Under the production agreement. OPEC committed to 32.5 million bpd.
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