Energy Industry

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

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

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

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

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

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

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

Iran threatens more uranium enrichment if no new nuke deal

May 8, 2019

Iran has threatened to resume higher enrichment of uranium in 60 days if world powers fail to negotiate new terms for its 2015 nuclear deal a year after President Donald Trump withdrew from the accord

Cyprus seeks EU backing to counter Turkey's gas drilling bid

May 8, 2019

Cyprus says it will rally support from fellow European Union countries and others to counter Turkey's bid to drill in waters where the east Mediterranean island nation has exclusive economic rights

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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