Middle East1 month agoBrent drops on prospects of more Iranian oilBrent crude prices fell on Monday after U.S.-Iran talks in Switzerland ended with Iran announcing it had secured waivers for…
Middle East1 month ago80 Million Barrels of Crude Are Lined Up to Exit the Strait of HormuzTankers carrying a total of 80 million barrels of crude are preparing to move through the Strait of Hormuz after…
Middle East1 month agoThree Saudi oil tankers transit Strait of Hormuz following U.S.-Iran accordThree Saudi-flagged supertankers carrying around six million barrels of crude oil transited the Strait of Hormuz on Thursday, according to…
Middle East1 month agoOil falls to 3-month low on Hormuz reopening hopesOil prices continued to decline on Wednesday, with the international benchmark Brent crude trading well below $80 per barrel for…
Middle East1 month agoConocoPhillips poised to sign gas development deal with SyriaU.S. energy giant ConocoPhillips is expected to sign an agreement with Syria’s transitional government to develop gas fields and boost…
Middle East1 month agoWorld Leaders Welcome the US-Iran Agreement as Europe Signals Sanctions Relief and WTI Falls Toward $80KEY POINTS World leaders welcomed the U.S.-Iran agreement to end nearly four months of war, urging steps to reopen the…
Middle East1 month agoEgypt boosts oil production in Western DesertEgypt has increased oil production in the Western Desert as part of its efforts to boost domestic output and reduce…
Middle East1 month agoZion Oil & Gas commences sidetrack operations at MJ-02 well in IsraelZion Oil & Gas started field operations for the sidetrack phase of its Megiddo-Jezreel 2 (MJ-02) well in Israel, re-entering…
Middle East1 month agoMcDermott among Aramco’s hand-picked contractors for large-scale projectsU.S. offshore engineering and construction player McDermott has made the cut and secured its spot in the contractor pool that…
Middle East2 months agoIsrael Hits Iranian Petrochemical Plant as War EscalatesIsrael hit a petrochemical plant in southwestern Iran early on Monday, the first direct energy strike on Iranian territory since…
