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ENERGY INDEPENDENCE IRAQ
Why is the UAE, OPEC’s third-largest oil producer, leaving OPEC? Will Iraq or Kuwait leave next, and what it means for oil prices and the cartel’s futureWhy is UAE leaving OPEC, will Iraq or Kuwait leave next? Nearly 3.5 million barrels per day are now at stake. The Organization of the Petro...
A quiet Gulf player may steal Pakistan’s ‘miracle’ momentNegotiations around a possible Iran–US ceasefire have shifted focus towards a Gulf state near the Strait of Hormuz, raising questions over ...
Iran-Israel war: How many people have been killed in the West Asia conflict?A major conflict has erupted in the Middle East. The Iran war began after US and Israeli forces struck Iran. This led to retaliatory attack...
Iraq fears power cuts as US ends sanctions waiver for electricity purchases from IranThe United States has not renewed a waiver allowing Iraq to buy electricity from Iran without violating sanctions. This decision is part of...
Saudi Arabia pips Russia to be China's biggest oil supplier in 2020Chinese imports rose 7.3% to a record of 542.4 million tonnes or 10.85 million barrels per day (bpd).
Get ready for an oil squeeze in 2018, warns CitiIf the output reductions are pro longed, that would only hasten the prospect of a tighter market.
Crude under the hammer: How sellers are hoping to boost value of their oilIraq’s state oil marketing company, known as SOMO, conducted its first-ever auction in April.
Apart from USCIRF, US Congress-funded USIP organises meet in dharamsalaThe USIP is an independent, nonpartisan institution established and funded by Congress to increase US capacity to manage international conf...
Savage battle rages in Iraq for control over nation's biggest oil refineryThe capture of the refinery would provide a potentially rich source of income for ISIS, which already profits from its control of oil resou...
Iran nuclear deal may unleash new market for Indian steel exportsThe country has been one of the fastest growing consumers of steel globally, according to the World Steel Association.
Iran seeks $1 million guarantee money to release tankerThe foreign ministry said despite intensive negotiations, the two countries were not able to resolve the situation.
- Diversify trade basket to increase commerce: Iraq to India
War-torn Iraq today invited Indian investments and sought diversification of the trade basket to enhance economic cooperation between the c...
- Sinopec buys Addax for $7.2 billion
China's Sinopec has agreed to purchase oil exploration firm Addax Petroleum for $7.2 billion in the largest ever Chinese offshore acquisiti...
- Obama to meet Brown, Blair and Cameron in London
Barack Obama meets British PM Gordon Brown in London on Saturday, with the focus on key foreign policy issues facing both countries, partic...
- Iraqi government opens 8 oil and gas fields for bidding from international firms
Iraq has opened international bidding for eight enormous oil and gas fields, paving the way for major investments in a nation with one of t...
- US Communist Party supports Indian Left on Indo-US ties
The Left parties in India on Sunday got a shot in the arm in their opposition to the strategic tie-up with the United States, with an Ameri...
- Old friends, but in a new world
President George W Bush and British Prime Minister Tony Blair meet in Washington this week with the limits of their power on full display a...