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Breaking News:

U.S. Cancels All Q2 Oil, Gas Lease Sales

Is Russia About To Invade Ukraine?

Is Russia About To Invade Ukraine?

While the media focuses on…

Houthi Rebels Launch Missile Attack On Saudi Oil Terminal

Houthi Rebels Launch Missile Attack On Saudi Oil Terminal

A petroleum products distribution terminal…

Geopolitics / International

Protect The Oil: Trump’s Top Priority In The Middle East

Oct 29, 2019 at 11:20 | Irina Slav

Saudi Arabia and the United States will work together to protect the world’s oil supply from threats, the energy ministers of the two countries said after a meeting in Riyadh.…

Is China Caving To U.S. Oil Sanctions?

Oct 25, 2019 at 16:59 | Tsvetana Paraskova

China’s imports of crude oil from Venezuela dipped to a nearly nine-year low in September as major state-held Chinese companies back out of Venezuelan purchases, looking to avoid fallout from…

The End Of Syria’s “Pipeline War”

Oct 25, 2019 at 13:48 | ZeroHedge

Russia-Turkey deal establishes ‘safe zone’ along Turkish border and there will be joint Russia-Turkey military patrols. The negotiations in Sochi were long – over six hours – tense and tough.…

Why Russia Won’t Abandon OPEC+ Just Yet

Oct 24, 2019 at 10:49 | The Jamestown Foundation

Russian President Vladimir Putin pried loose a couple of energy investment deals from Saudi Arabia on his latest visit to the region, on October 14 and 15 (

Russia Ready To Seize Control Of The World's Largest Oil Reserves

Oct 17, 2019 at 09:05 | Irina Slav

The Venezuelan government is readying to hand over control over state oil company PDVSA to Russia’s Rosneft, a local newspaper has reported, citing sources from the industry. Russian TASS

Iran's President Vows Revenge For Oil Tanker Attack

Oct 15, 2019 at 09:10 | Irina Slav

Iran will not leave the Friday attack on the Sabiti tanker unpunished, President Hassan Rouhani said during his first media conference in more than a year. Bloomberg reports that…

Russia Aims To Ditch The Dollar For Oil & Gas Sales

Oct 14, 2019 at 10:54 | ZeroHedge

Russia's de-dollarization efforts continue, in line with Putin's promise to lower the country's vulnerability to the ongoing threat of US sanctions, with officials eyeing energy exports next.  “We have a…

Houthi Attacks: The Greatest Threat To Saudi Oil Production

Oct 14, 2019 at 10:50 | Global Risk Insights

The Houthi rebel group in Yemen was the first to claim responsibility for what they described as a drone attack on Khurais and Abqaiq in eastern Saudi Arabia. However, fingers were…

Putin The Peacemaker? Russia Aims To Calm Middle East Tensions

Oct 14, 2019 at 10:44 | RFE/RL staff

Russian President Vladimir Putin arrived in Saudi Arabia on October 14 amid rising tensions in the Persian Gulf and is expected to ink oil agreements, according to statements on the…

Painfully Slow Growth Expected For Canada's Oil Sector

Oct 04, 2019 at 12:51 | Editorial Dept

Market Movers • Russian oil production dipped in September to 11.24 million bpd, down from 11.29 million bpd--a figure that is still above its agreed upon quota that it forged…

Endemic Corruption Is Suffocating Iraq’s Oil Boom

Oct 01, 2019 at 16:37 | Simon Watkins

Last week’s agreement by the London-based oil and gas company TechnipFMC to pay US$5.1 million to settle an Iraq-related corruption case with the U.S. Securities and Exchange Commission (SEC) again…

Are Oil Traders Already Looking Beyond The Saudi Oil Crisis?

Sep 20, 2019 at 16:42 | Tom Kool

Oil markets went for a wild ride this week in the aftermath of the drone strike on one of the world’s most important crude processing facilities. The attack led to…

$100 Oil? Drone Strikes Halt Half Of Saudi Crude Production

Sep 14, 2019 at 11:28 | Michael Kern

Half of Saudi Arabia's oil production has gone offline following a surprise drone strike. Drones attacked Abqaiq facility in Saudi Arabia and the Khurais oil field run by Saudi Aramco…

The Challengers To China’s Rare Earth Monopoly

Sep 11, 2019 at 13:37 | Irina Slav

Dominance is not a word that the Pentagon and the White House like to hear when it’s not preceded by “U.S.” Right now, amid a trade war with Beijing, it…

The Saudi Pivot To The East Is Real

Aug 30, 2019 at 17:24 | Cyril Widdershoven

After a short lull in the media frenzy about the Aramco IPO, touted to be the largest listing ever on a stock exchange, steps are being taken to actually realize…

Iran Jumps Into Crucial KRG-Iraq Oil Negotiations

Aug 30, 2019 at 17:20 | Simon Watkins

Iran has entered the ongoing negotiations over the on-off budget disbursements-for-oil deal between the Federal Government of Iraq (FGI) in Baghdad and the government of the semi-autonomous region of Kurdistan…

Lebanon’s High Risk Offshore Oil & Gas Boom

Aug 23, 2019 at 13:41 | Cyril Widdershoven

The least known offshore oil and gas frontier in the East-Mediterranean, Lebanon is preparing itself for a possible entrance into the producer’s league. At the end of 2019,…

US Threatens Sanctions On Anyone Dealing with Iran’s Oil Tanker

Aug 16, 2019 at 10:41 | Tsvetana Paraskova

The United States threatened to slap sanctions on any ports or banks or virtually anyone trying to make deals with Iranian oil tanker Grace 1—the ship that was released…

How Trinidad & Tobago Is Benefitting From The Venezuelan Crisis

Aug 09, 2019 at 13:15 | Oxford Business Group

In June the UN estimated that 4m people had fled Venezuela as a result of the crisis. Of these, some 40,000 have arrived in T&T. Although this is far lower…

This Arms Deal Could Trigger A New ‘’Cold War’’

Jul 12, 2019 at 17:52 | Cyril Widdershoven

The long-awaited, and feared, delivery of Russian S-400 missile systems to Turkey has started. In spite of US and European warnings that Ankara should reconsider the Russian arms deal, to…

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