Oil And Gas Industry

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Saudis say they don't want war, but will defend themselves

May 19, 2019

A top Saudi diplomat says the kingdom does not want war but will defend itself, amid a recent spike in tensions with archrival Iran

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The Latest: UK raises threat level for its personnel in Iraq

May 16, 2019

The Latest: UK raises threat level for British personnel in Iraq because of heightened risk from Iran

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Iran says US sanctions 'unacceptable' amid Gulf tensions

May 16, 2019

Iran's foreign minister says sanctions imposed by the Trump administration are "unacceptable" but that his country is committed to an international nuclear deal that has steadily unraveled amid rising tensions

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The Latest: 3 nations formally notify UN of ships targeted

May 15, 2019

The governments of Saudi Arabia, the United Arab Emirates and Norway are formally notifying the United Nations that four commercial ships were targeted and at least three of them damaged in the territorial waters of the United Arab Emirates on Sunday

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A top Emirati diplomat says UAE 'very committed to de-escalation' after alleged sabotage of oil tankers

May 15, 2019

A top Emirati diplomat says UAE 'very committed to de-escalation' after alleged sabotage of oil tankers

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Iran's supreme leader makes uranium enrichment threat

May 15, 2019

Iran's supreme leader issues veiled threat over uranium enrichment amid rising tensions with US

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US sanctions to hit Iran's metals industry, a major employer

May 9, 2019

New US sanctions are targeting Iran's vital metals industry, a major employer in the country's troubled economy

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Iraq awards gas recovery contract to China's CPECC

May 8, 2019

A Chinese energy company has been awarded a contract to recover natural gas from Iraq's Halfaya oil field to fuel power stations in the country's underserved Maysan province

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AP EXPLAINS: Iran's nuclear program as 2015 deal unravels

May 8, 2019

AP EXPLAINS: A look at Iran's nuclear program a year after Trump's withdrawal from the 2015 accord with world powers

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Iraq planning $53B megaproject with ExxonMobil, PetroChina

May 7, 2019

The prime minister of Iraq says he has instructed his country's Oil Ministry to finalize an agreement with global energy giants ExxonMobil and PetroChina to lead a $53 billion megaproject to boost oil production

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