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Disputes between Iraq’s federal government and the KRG are halting crude oil exports via Turkey’s Ceyhan port. The Iraqi Parliamentary Oil and Gas Committee reports the federal Ministry of Oil …
Iraq-KRG Dispute Halts Crude Oil Exports Through Ceyhan Port Read More
The U.S. has instructed Chevron to halt operations in Venezuela within 30 days, impacting Maduro’s government which relies on oil revenue. The move reflects a turnaround in Trump’s approach, shifting …
U.S. Instructs Chevron to Cease Venezuelan Operations within a Month Read More
The U.S. has ordered Chevron to halt operations in Venezuela within 30 days, severely affecting the cash-strapped Maduro government. This shift in policy by Donald Trump significantly contrasts his previous …
U.S. Orders Chevron to Cease Venezuela Operations Within 30 Days Read More
Saudi Arabia’s Aramco reported a $106 billion profit in 2024, down 12% from 2023 due to falling energy prices. The decline impacts the kingdom’s extensive development plans, including the $500 …
Aramco Reports $106 Billion Profit for 2024 Amid Falling Energy Prices Read More
Gabon’s military leader, General Brice Clotaire Oligui Nguema, has declared his intention to run in the presidential election on April 12, following a coup that deposed President Ali Bongo. His …
Gabon’s Military Leader Declares Candidacy for Presidential Election Read More
Light crude oil futures fell on Friday, reflecting uncertainty amid tariff concerns and Iraq’s renewed oil exports. Resistance levels at $70.35 and $70.59 are capping gains, and sustained trading below …
Oil Prices Decrease Amidst Tariff Concerns and Rising Iraqi Exports Read More
U.S. President Donald Trump’s cancellation of oil licenses for foreign companies in Venezuela is expected to fuel inflation and reduce foreign currency, leading to heightened depreciation of the bolivar. With …
Trump’s Cancellation of Oil Licenses: A New Economic Challenge for Venezuela Read More
Ahead of COP30, President Lula of Brazil advocates for increased oil drilling in the Amazon. Despite hosting the climate summit in a vital ecological zone, his government aims to strengthen …
Lula’s Administration Advocates for Oil Drilling in the Amazon Ahead of COP30 Read More
Iraq’s oil ministry is ready to restart oil exports from Kurdistan to Turkey after a two-year shutdown. However, disputes between Baghdad and Kurdish officials over oil allocations and payments remain …
Iraq Expresses Readiness to Resume Kurdish Oil Exports to Turkey Read More
Saudi Arabia and the UAE are viewed as potential venues for upcoming talks between Presidents Trump and Putin. Both leaders are interested in discussing the ongoing Ukraine conflict and have …
Saudi Arabia and UAE Considered for Trump-Putin Summit Read More