• 1 hour Gunmen Kidnap Nigerian Oil Workers In Oil-Rich Delta Area
  • 3 hours Libya’s NOC Restarts Oil Fields
  • 4 hours US Orion To Develop Gas Field In Iraq
  • 3 days U.S. On Track To Unseat Saudi Arabia As No.2 Oil Producer In the World
  • 3 days Senior Interior Dept. Official Says Florida Still On Trump’s Draft Drilling Plan
  • 3 days Schlumberger Optimistic In 2018 For Oilfield Services Businesses
  • 3 days Only 1/3 Of Oil Patch Jobs To Return To Canada After Downturn Ends
  • 3 days Statoil, YPF Finalize Joint Vaca Muerta Development Deal
  • 3 days TransCanada Boasts Long-Term Commitments For Keystone XL
  • 3 days Nigeria Files Suit Against JP Morgan Over Oil Field Sale
  • 3 days Chinese Oil Ships Found Violating UN Sanctions On North Korea
  • 4 days Oil Slick From Iranian Tanker Explosion Is Now The Size Of Paris
  • 4 days Nigeria Approves Petroleum Industry Bill After 17 Long Years
  • 4 days Venezuelan Output Drops To 28-Year Low In 2017
  • 4 days OPEC Revises Up Non-OPEC Production Estimates For 2018
  • 4 days Iraq Ready To Sign Deal With BP For Kirkuk Fields
  • 4 days Kinder Morgan Delays Trans Mountain Launch Again
  • 4 days Shell Inks Another Solar Deal
  • 5 days API Reports Seventh Large Crude Draw In Seven Weeks
  • 5 days Maduro’s Advisors Recommend Selling Petro At Steep 60% Discount
  • 5 days EIA: Shale Oil Output To Rise By 1.8 Million Bpd Through Q1 2019
  • 5 days IEA: Don’t Expect Much Oil From Arctic National Wildlife Refuge Before 2030
  • 5 days Minister Says Norway Must Prepare For Arctic Oil Race With Russia
  • 5 days Eight Years Late—UK Hinkley Point C To Be In Service By 2025
  • 5 days Sunk Iranian Oil Tanker Leave Behind Two Slicks
  • 5 days Saudi Arabia Shuns UBS, BofA As Aramco IPO Coordinators
  • 5 days WCS-WTI Spread Narrows As Exports-By-Rail Pick Up
  • 6 days Norway Grants Record 75 New Offshore Exploration Leases
  • 6 days China’s Growing Appetite For Renewables
  • 6 days Chevron To Resume Drilling In Kurdistan
  • 6 days India Boosts Oil, Gas Resource Estimate Ahead Of Bidding Round
  • 6 days India’s Reliance Boosts Export Refinery Capacity By 30%
  • 6 days Nigeria Among Worst Performers In Electricity Supply
  • 6 days ELN Attacks Another Colombian Pipeline As Ceasefire Ceases
  • 7 days Shell Buys 43.8% Stake In Silicon Ranch Solar
  • 7 days Saudis To Award Nuclear Power Contracts In December
  • 7 days Shell Approves Its First North Sea Oil Project In Six Years
  • 7 days China Unlikely To Maintain Record Oil Product Exports
  • 7 days Australia Solar Power Additions Hit Record In 2017
  • 7 days Morocco Prepares $4.6B Gas Project Tender
BP To Take Final Hit On 2010 Disaster

BP To Take Final Hit On 2010 Disaster

British Petroleum is set to…

Has Oil Become Overbought?

Has Oil Become Overbought?

As oil prices continue their…

US to Discuss Nuclear Cooperation with Saudi Arabia

US to Discuss Nuclear Cooperation with Saudi Arabia

According to insiders in Washington speaking off the record, the United States is planning discussions with Saudi Arabia about civilian nuclear cooperation.

The issue has already generated fierce criticism in Congress.

According to administration officials speaking on condition of anonymity, members of President Barack Obama's administration next week will visit Saudi Arabia for nuclear talks, NOW Lebanon news agency reported.

A congressional aide, citing anonymity as the visit has not been publicly announced as yet and aware of its contentiousness, said the trip would be a "preliminary" step to "discuss the possibility of moving forward on a nuclear cooperation agreement."

Informal or not, the proposed arrangement has already raised fierce criticism from Republican Congressional leaders. House of Representatives Foreign Affairs Committee chairman Representative Ileana Ros-Lehtinen, a Republican from Florida said, "I am astonished that the administration is even considering a nuclear cooperation agreement with Saudi Arabia. Saudi Arabia is an unstable country in an unstable region, with senior officials openly proclaiming that the country may pursue a nuclear weapons capability. Its ties to terrorists and terror financing alone should rule it out as a candidate for US nuclear cooperation."

Ros-Lehtinen’s criticisms conveniently overlook the fact that the administration’s initiative build upon a 2008 visit to Saudi Arabia by Republican then-President George W. Bush, who signed an agreement with Saudi Arabia giving the country access to enriched uranium for civilian power generation.

By. Joao Peixe, Deputy Editor OilPrice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News