Iraq is producing crude oil at record levels while the oil-rich south of the country is being engulfed by rioting street protests. Iraq’s oil exports
Tag: Oil
Energy Geopolitics: India Hoping for US Waiver to Buy Iranian Oil
The United States is debating giving waivers for Iranian oil customers such as India that will be eventually forced to stop their imports as the
Venezuela’s PDVSA Projects a Bad Year Ahead
Venezuelan state-run oil company PDVSA expects that 2017 will remain to be a challenging year with more economic hardship likely coming along its way. The
Asian Oil Markets Rebalancing
Asian oil markets are believed to be slowly returning to balance after China’s oil production was cut and its inventories of refined products decreased. Global
From Oil and Gas to Phosphate: ISIS’s Progressive Seizure of Syrian Economy
Following ISIS’s seizure of Syrian regime’s important oil and gas fields, the extremists deepened their strike at heart of the Syrian economy at the end
U.S. Crude Production Set to Fall Next Year
U.S. oil output is expected to fall by almost 1 million barrels next year down from this year’s heights. American crude production hit its peak
BP Faces a New Wave of Fines, Leading to Disinvestment
BP, sometimes referred to by its former name British Petroleum, the world’s sixth largest energy company by market capitalization, is facing a new batch of
Blawn Mountain Potash Project in Full Swing
Potash Ridge, a Canadian-based exploration and development company, obtained a permit to start large mining operations at the Blawn Mountain only in July this year
Natural Gas Logs Growth in Prices, Oil Stagnates
This week’s gains in the energy sector were led by natural-gas futures, with prices logging more than 2 percent growth despite the United States’ tightening