DAVOS: Iranian Foreign Minister Mohammad Javad Zarif skipped this year’s Davos, but Tehran was still a hot topic for many Western and Middle Eastern powers...
LONDON/BAGHDAD: BP has pulled out of Iraq’s giant Kirkuk oilfield after its $100 million exploration contract expired with no agreement on the field’s...
BRUSSELS/LONDON: The European Union has convened a wide-ranging industrial group to work on promoting the euro and fighting the monopoly of the U.S. dollar in...
LONDON/NEW YORK/DUBAI: When news emerged that Qatar may have unwittingly helped bail out a New York skyscraper owned by the family of Jared Kushner, Donald...
ABU DHABI: When U.S. President Donald Trump asked Saudi Arabia this summer to raise oil production to compensate for lower crude exports from Iran, Riyadh...
MOSCOW: Russian energy majors are putting pressure on Western oil buyers to use euros instead of dollars for payments and introducing penalty clauses in...
LONDON/DUBAI: OPEC has urged its members not to mention oil prices when discussing policy in a break from the past, as the oil producing group seeks to avoid...
MOSCOW: Stiff new U.S. sanctions against Russia would only have a limited impact on its oil industry because it has drastically reduced its reliance on...
LONDON: The tiny but ultra-rich Gulf state of Qatar has agreed to buy one of New York’s most iconic buildings, the Plaza Hotel, for around $600 million,...
DUBAI / LONDON: Iran may be Russia’s ally in the Syrian conflict but when it comes to oil, Tehran’s archenemy Saudi Arabia takes precedence – if last week’s...
LONDON: Last October, at the height of a political crisis in Iraq’s Kurdistan region, a letter arrived at the Iraqi oil ministry in Baghdad from Igor Sechin,...
LONDON: Qatar has asked U.S. regulators to investigate the U.S. subsidiary of the largest bank in the United Arab Emirates, accusing it of “bogus” foreign...
IRBIL, Iraq/LONDON: Russian state oil company Rosneft has emerged with an important role in talks between Iraq’s government and Iraqi Kurdistan on...
DAVOS, Switzerland: The International Monetary Fund Monday revised up its forecast for world economic growth in 2018 and 2019, saying sweeping U.S. tax cuts...
BAGHDAD/LONDON: When the Iraqi army and Iranian-backed Shiite militia entered a key oil processing facility in Iraq’s north to retake it from Kurdish...
LONDON: Russia, the only major power that has not called on Iraq’s Kurds to cancel a referendum on independence next week, has swiftly become the top funder...
LONDON: When oil giant Saudi ARAMCO discloses its financials for the first time next year, it must either surprise investors with world record profits or...
LONDON: As the world witnesses spectacular growth in oil and gas production from the U.S. shale deposits, the boss of French energy giant Total paradoxically...
MOSCOW: A meeting between the two men who run Russia and Saudi Arabia’s oil empires spoke volumes about the new relationship between the energy superpowers....
LONDON: Iraq’s Kurdistan has agreed new deals to borrow $3 billion from trading houses and Russian state oil firm Rosneft that will be guaranteed by future...
LONDON: Glencore is seeking to raise $550 million from investors via a debt issue guaranteed by oil from Iraqi Kurdistan in an attempt to secure a big slice...
LONDON: On the last Sunday of February 2016, late in the evening, Genel Energy’s chairman and former BP boss Tony Hayward held an urgent call with the board...
LONDON: Oil prices might have bottomed as production declines in the United States and other non-OPEC producers accelerate and an increase in Iranian supply...
LONDON/DUBAI: If Ali al-Naimi were to review his time as Saudi oil minister, he might feel events had turned full circle. Two years after the long-serving...
LONDON: Iraq’s semi-autonomous region of Kurdistan has for the first time detailed its secretive oil exports operations and said it plans to sell more,...