Energy Industry
Rockets strike near Chinese oil site in Iraq, no casualties
Iraqi officials say two rockets struck near a Chinese oil facility south of Baghdad without causing any casualties
Mideast economies battered by virus, oil prices and conflict
The Middle East has long been wracked by high numbers of unemployed youth, unrest, conflict and large numbers of refugees, even before the coronavirus outbreak
Libya say losses from oil blockade surpass $4 billion
Libya's national oil corporation says losses from a protracted blockade of vital oil files and ports have surpassed $4 billion amid an escalation of fighting between rival forces for the capital Tripoli
Armed men seize, release tanker off Iran by Strait of Hormuz
Authorities say armed men boarded a Hong Kong-flagged tanker ship off the coast of Iran near the crucial Strait of Hormuz
Report: Armed men board tanker off Strait of Hormuz by Iran
A U.K. monitoring organization says armed men have boarded an oil tanker off the coast of Iran near the crucial Strait of Hormuz
UK monitor: Armed men board ship off Strait of Hormuz
A U.K. monitoring organization says armed men have boarded a ship off the coast of Iran near the crucial Strait of Hormuz
OPEC, oil nations agree to nearly 10M barrel cut amid virus
OPEC, Russia and other oil-producing nations have finalized an unprecedented production cut of nearly 10 million barrels, or a tenth of global supply, in hopes of boosting crashing prices amid the coronavirus pandemic and a price war
Global pact forged to contain oil price crash
The OPEC oil cartel and other oil producers agreed Sunday to boost oil prices by cutting about 10 million barrels a day in production, or a tenth of global supply, according to several national energy officials who participated in the talks
Mexican energy minister tweets that OPEC, other oil producers agree to 9.7 million-barrel-a-day cut, beginning May 1
Mexican energy minister tweets that OPEC, other oil producers agree to 9.7 million-barrel-a-day cut, beginning May 1
Global pact to contain oil price crash takes shape
The OPEC oil cartel and nations including Russia have agreed to boost oil prices by cutting as much as 10 million barrels a day in production