The Japanese company that owns the ‘Kokuka Courageous’ tanker has said its crew spotted ``flying objects`` before the attack in the Gulf of Oman. contradicting US claims that the vessel was damaged by a naval mine.
Read More »Japan’s Economy Hurt by US’ Unilateral Sanctions
Senior Iranian lawmaker Ali Motahari said that Washington’s unilateral sanctions have been detrimental even to US’ allies like Japan whose economy has always been dependent on crude imports from Iran.
Read More »Saudi Energy Minister Hopes to Balance Oil Market before Next Year
Falih hopes oil producers will be able to balance the oil market before next year.
Read More »Persian Gulf on Edge as Conflicting Accounts of Tanker Attacks Swirl
The U.S. political and military standoff with Iran hardened as conflicting narratives about a pair of attacks on tankers near the Persian Gulf stoked regional tensions and raised the risk of a miscalculation.
Read More »Schulich Buys 5% of MEG Energy Despite Canadian Energy Concerns
Schulich bought about 5% of MEG Energy for the first time in the last couple of weeks. underscoring his bullish view on energy despite his concerns that Canada is squandering its resource legacy.
Read More »Tankers Attack A UAE Plot against Iran
A prominent Saudi expert said that the Emirati intelligence agency targets oil tankers in the Persian Gulf and the Sea of Oman in a move to inflame war against Iran.
Read More »EU. Russia. Ukraine to Discuss Next Gas Transit Plan in September
European customers will receive their gas in line with their contractual terms in 2020.
Read More »Emotions Remain High in Alberta’s Oil and Gas Sector
It’s been two days now. since a large crowd gathered in the outdoor exhibit area of the Global Petroleum Show (GPS). at Calgary’s Stampede Park. to participate in a pro-pipeline. pro-oil rally
Read More »U.S. Blames Iran for Oil Tanker Attacks as Gulf Tensions Climb
The Trump administration blamed Iran for attacks on two oil tankers near the entrance to the Persian Gulf. escalating tensions between the two rivals despite denials from officials in Tehran that they were behind the incidents.
Read More »China’s Father of Electric Cars Says Hydrogen Is the Future
His vision to make China an electric-vehicle powerhouse revolutionized the global auto industry. cementing a move away from the combustion engine.
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