The U.S. imposed sanctions on…
Amidst increasing tensions with Russia…
Starting last April President Trump caught many in his own administration off guard when he unexpectedly thanked renegade General Khalifa Haftar for "securing Libya's oil resources" at a moment the rebel…
US President Donald Trump’s showboating on the dramatic assassination of ISIS leader Abu Bakr al-Baghdadi cannot mask the more enduring result of his capricious decisions during October’s turmoil in…
While the Persian Gulf crisis continues to escalate, oil markets have put Libya’s ongoing civil war on the backburner. This weekend, the shutdown of OPEC producer Libya’s…
The Aramco IPO story seems more and more to be a line from the world famous story of “Scheherazade and 1001 nights”. As the famous princess needed to tell stories…
Libya’s civil war has taken a catastrophic turn, plunging the country even deeper into crisis. An airstrike hit a detention center for migrants on the outskirts of Tripoli, killing at…
Donald Trump has threatened to continue escalating the United States’ trade war with China by introducing another round of tariffs on exports from the world’s second-largest economy. This time the…
While the oil market is fixated on the U.S.-China trade war for signs of demand, and on Iran, Venezuela, and the Middle East for signs of more supply disruptions, investors…
Oil prices have fallen sharply on fears of a global economic slowdown, but the markets are overlooking the possibility of a serious outage in Libya as civil war drags on.…
Omar al-Bashir, long-term President of Sudan, was toppled from power by the military on Thursday and placed under “heavy guard”, following months of protests against the government and its…
The oil patch is reeling from a political crisis in Algeria that first saw Exxon halt its prospective shale ambitions in the country, and has now spread to major trading…
China has long been criticized for imposing massive debt on developing countries as well as securing their natural resources to help them build up infrastructure with funding by Beijing, something…
Forces loyal to Libya’s eastern strongman General Khalifa Haftar are advancing west toward the capital Tripoli in a renewed confrontation between the rival administrations that could escalate and threaten…
What does the resignation on April 2, 2019, of Algerian Pres. Abdelaziz Bouteflika mean for the future of his country and the region, and why was the Algerian military so…
Protests that erupted six weeks ago in Algeria have now transformed into a million-strong force against aging Algerian strongman President Abdelaziz Bouteflika, with Exxon having already called the political…
Libyan officials have stated that the control of the El Sharara oilfield has been handed over by LNA forces to Libyan oil security forces, the state controlled oil guards. Even…
War-torn South Sudan could become a significant oil producer in the region if the country can manage to maintain a peace deal reached between warring sides in September. However, according…
No fewer than Turkish President Recep Tayyip Erdogan, Azerbaijani President Ilham Aliyev, Serbian President Aleksandar Vucic, Ukrainian President Petro Poroshenko and Turkish Cypriot President Mustafa Akinci attended a gathering in…
The expansion of the European Union in 2004 and 2007 indirectly led to several crises at a level not seen since the oil embargo of 1973. The accession of several…
A group of militant organizations calling itself a Coalition of Niger Delta Agitators has released a list of oil targets that include fields and infrastructure operated by Exxon, Chevron,…
Islamic State forces in Libya may be planning an attack on the country’s so-called Oil Crescent, where its export terminals and many fields are located, a senior official from the…