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Can Kuwait’s New Ruler Reform The Country?

Can Kuwait’s New Ruler Reform The Country?

After the passing away of…

U.S.-Seized Iranian Fuel Cargoes Stuck In Legal Limbo

U.S.-Seized Iranian Fuel Cargoes Stuck In Legal Limbo

United States-seized Iranian gasoline cargoes…

Geopolitics / International

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…

Gulf of Mexico Production Falls 50%

Jul 12, 2019 at 12:14 | Editorial Dept

Discovery & Development • Britain’s most important pipeline system, Forties, saw flows reduced to 150,000 bpd from 450,000 bpd-575,000 bpd due to repairs, which are set to be completed by…

The Dark Outlook For Non-OPEC Oil

Jun 28, 2019 at 16:58 | Nawar Alsaadi

The period from 2010 to 2014 witnessed the highest sustained oil price environment in recent memory, with Brent averaging $110 a barrel and WTI $95 a barrel. This high oil…

The West Just Made A Big Mistake In Middle East

Jun 21, 2019 at 17:40 | Cyril Widdershoven

  US politics have always been a bi-partisan affair. Two blocks fighting each other without taking into account possible repercussions of their decisions on global geopolitics and…

The Bearish Threat Within OPEC

Jun 07, 2019 at 17:42 | Cyril Widdershoven

After a prolonged oil price plunge, pushing price levels down to around $59 Brent per barrel, signs are showing that the market believes the downward trend has overshot its target.…

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