oil

US to give Saudis a pass even if Crown Prince behind murder
Middle East

US to give Saudis a pass even if Crown Prince behind murder

President Donald Trump vowed Tuesday to stick by ally Saudi Arabia even while admitting that de facto leader Crown Prince…
Exclusive: Libya sees currency stabilizing next year, squeezing militia
Middle East

Exclusive: Libya sees currency stabilizing next year, squeezing militia

  TRIPOLI (Reuters) – Libya expects to end a long-running liquidity crisis by early 2019 as a foreign currency tax…
Iraq restarts some Kirkuk oil flows after year-long halt: sources
Middle East

Iraq restarts some Kirkuk oil flows after year-long halt: sources

  LONDON (Reuters) – Iraq has restarted exports of Kirkuk oil, halted a year ago due to a standoff between…
Jordan aims to import a third of its gas from Egypt
Business

Jordan aims to import a third of its gas from Egypt

  ABU DHABI, Nov 13 (Reuters) – Jordan aims to increase natural gas imports from Egypt to cover a third…
Iranian military is ready to protect oil tankers against threats: deputy commander
Middle East

Iranian military is ready to protect oil tankers against threats: deputy commander

DUBAI (Reuters) – Iran’s armed forces will protect Iranian oil tankers against any threats, an Iranian military official said on…
Abu Dhabi summit: Oil production cuts may be necessary
Middle East

Abu Dhabi summit: Oil production cuts may be necessary

  ABU DHABI, United Arab Emirates (AP) — OPEC and allied oil-producing countries will likely need to cut crude supplies,…
Why are Iraq’s Kirkuk oilfields so important?
Middle East

Why are Iraq’s Kirkuk oilfields so important?

BAGHDAD/ABU DHABI (Reuters) – Iraq’s oilfields in the disputed Kirkuk region have taken on new significance after the United States…
ExxonMobil wants to expand gas activities in Egypt
Egypt

ExxonMobil wants to expand gas activities in Egypt

  ExxonMobil Company President Bryan Milton expressed his company’s desire to increase its cooperation and expansion in Egyptian oil and…
Egypt’s oil ministry plans to attract $10 billion investments in 2018-2019
Business

Egypt’s oil ministry plans to attract $10 billion investments in 2018-2019

  Egyptian Oil Minister Tarek al-Mulla announced that his ministry planning to attract about $10 billion worth of new investments…
Oil prices fall on Iran sanction exemptions, economic concerns
Business

Oil prices fall on Iran sanction exemptions, economic concerns

  SINGAPORE (Reuters) – Oil prices fell on Tuesday, weighed down by sanction exemptions from Washington that will allow Iran’s…
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