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View all search resultsoil-and-gas
Middle East and Africa 1 month ago
Proposed US-Iran deal involves opening strait during 60-day ceasefire extension
According to the Axios report, during the 60-day period, the Strait of Hormuz would be open with no tolls and Iran would agree to clear the mines it deployed in the strait to let ships pass freely.
Middle East and Africa 1 month ago
Iran's Araqchi holds talks with Wang Yi in Beijing
Araqchi's visit, announced by state news agency Xinhua, is his first trip to China since the US-Israeli war on Iran set off the most severe global oil supply shock in history and undermined the energy security of China, the world's top crude importer.
Asia & Pacific 1 month ago
Thailand scraps agreement with Cambodia on joint energy exploration
The Thai cabinet's cancellation of the 2001 agreement, which seeks to develop a framework to jointly explore hydrocarbons in parts of the Gulf of Thailand where the claims of Thailand and Cambodia overlap, had long been expected and follows two rounds of armed conflict between the two countries last year.
Economy 1 month ago
UAE oil break exposes deepening Saudi rift as Gulf power shifts
Political analysts and regional experts said the move to leave the groups of oil-producing nations, announced on Tuesday, was more than just a dispute over OPEC oil output quotas that Gulf sources say Abu Dhabi sees as tilted against the UAE.
