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Azerbaijan has started delivering domestically produced oil products to Armenia, signaling a significant breakthrough in regional energy collaboration, sources reveal. This development could herald a new era of warming relations between the neighboring nations
Exxon is reportedly in talks with Iraq to acquire Lukoil’s stake in the massive West Qurna 2 oilfield, sources say. This potential deal highlights a surge of interest in strengthening and expanding Iraq’s energy partnerships
Syria has just received nearly 1 million barrels of crude oil from Saudi Arabia, signaling a major breakthrough in energy collaboration between the two countries, Al Arabiya English reports
Despite its vast oil wealth, the country faces frequent power outages caused by aging infrastructure, mismanagement, and economic hurdles-revealing a striking paradox in energy reliability
Yemen’s Houthi rebels have issued a bold threat to US oil companies, shaking the fragile calm despite a recent truce. This alarming move intensifies regional tensions and raises serious concerns about the security of global oil supplies amid delicate peace negotiations
Iran’s oil shipments have soared to their highest levels since the JCPOA era, marking a significant surge in exports as sanctions ease and geopolitical dynamics evolve, reports WANA News Agency
Azerbaijan revealed that BP pumped an impressive 12.9 million metric tons of oil from January to September, highlighting the oil giant’s vital role in powering the nation’s energy sector, according to TradingView data
