Nigerian officials are implementing greater measures to combat theft and vandalism of Nigeria’s oil pipelines, Platts reported. Thieves steal an estimated 250,000 b/d of oil and an estimated $6b a year in revenue – cr...
Israel has accused Turkey of contributing to the finances of Islamic State through purchases of ISIS-trafficked oil, BBC News wrote. Israel’s Defence Minister, Moshe Yaalon, said that IS had “enjoyed Turki...
Libya’s state oil firm, the Arabian Gulf Oil Co (AGOCO), announced that it is now producing at a stable rate of 220,000 b/d, reported Reuters. This is 50,000 b/d lower than from June thanks to the closure of the...
Prime Minister Benjamin Netanyahu is scheduled on Tuesday to take his first visit abroad since his reelection in March, traveling 45 minutes to Cyprus for a visit of less than 12 hours. Netanyahu’s visit to Cyprus fol...
For the thirtieth time, Arish natural gas pipeline was bombed Sunday by unknown assailants, leaving more than 10,000 houses in the city of North Sinai without gas supply, Youm7 reported. Two gas stations and a bakery ...
The U.S. Embassy in Riyadh canceled all consular services Sunday and Monday in the Saudi capital, as well as in Jeddah and Dhahran, amid heightened security concerns. The announcement followed a warning it issued Frid...