As Saudi Arabia leads three other Arab nations in accusing Qatar of links to terror groups and being too close to Iran, one thing is becoming increasingly clear in the oil market, tensions have yet to reach a point wh...
Qatar Petroleum’s CEO stated that Qatar will not cut off gas to the United Arab Emirates despite a diplomatic dispute and a “force majeure” clause in its contract, reported Reuters. The CEO’s c...
Saudi Arabia’s Energy Minister, Khalid Al-Falih, stated that there is no evidence a pact by global oil producers to curb output needs to be adjusted. Al-Falih described the recent weakness in crude prices as a...
Qatar, the world’s biggest seller of liquefied natural gas (LNG), can still access shipping routes to deliver oil and gas to buyers after Saudi Arabia and other neighboring states barred the emirate from exporting thr...
Oil jumps by 1.5% as Egypt, Saudi Arabia, Bahrain and the United Arab Emirates effectively create a land and air blockade of Qatar, Market Plus informed. While the diplomatic spat hasn’t affected shipments, it raises ...
Qatari Oil Minister, Mohammad al-Sada, joined a growing number of major oil producers calling for an extension of the output cut deal established by the Organization of Petroleum Exporting Countries (OPEC) and non-OPE...
Qatar Petroleum (QP) announced the interruption of its work freezing on the country’s North field as the company moves forward with a new gas project in the field’s southern sector, Offshore Magazine informed. QP expe...
ExxonMobil Corporation and Qatar Petroleum signed early April an exploration and production sharing contract with the Republic of Cyprus for the development of the country’s Block 10, Sigma Live reported. Drilling ope...
Qatari liquefied natural gas (LNG) shipping company Nakilat Shipping Qatar (NSQL) has taken over full ship management and operations of Q-Flex LNG carrier Mesaimeer from Shell Trading and Shipping Company (STASCo), LN...
Iran started pumping oil from the oil layer of South Pars gas field (in the Persian Gulf) late March, Tehran Times reported, citing National Iranian Oil Company’s (NIOC) Deputy Managing Director for Engineering and De...