Energy Industry

Jul 17, 2019

Iran, foreign minister walk back more from missile remarks

Iran backtracks some more after comments by its top diplomat about country's missiles being up for negotiations


Jul 17, 2019

The Latest: Iran says it helped a tanker with tow to harbor

An Iranian news agency quotes a Foreign Ministry spokesman as saying Iran helped an oil tanker in the Strait of Hormuz amid U.S. concern that Tehran seized one there


Jul 16, 2019

Concern grows over UAE-based oil tanker in Strait of Hormuz

Concern grows over UAE-based oil tanker that stopped transmitting its location over 2 days ago in Strait of Hormuz amid US-Iran tensions


Jul 16, 2019

The Latest: Greek Cypriots reject joint gas drilling panel

Greek Cypriot leaders on ethnically split Cyprus have turned down a renewed proposal by breakaway Turkish Cypriots to form a joint committee on managing natural gas discovered offshore the east Mediterranean island nation


Jul 16, 2019

Turkey: EU sanctions over gas drilling 'worthless'

Turkey says the European Union's approval of an initial set of sanctions against Ankara won't deter it from pressing ahead with efforts to drill for hydrocarbons off the island of Cyprus


Jul 12, 2019

The Latest: Gibraltar says seized Iran tanker carrying oil

The head of Gibraltar's government says an Iranian supertanker seized last week by the British navy on suspicion of carrying Iranian crude to Syria was loaded with 2.1 million barrels of light crude oil


Jul 11, 2019

The Latest: UN chief calls for 'maximum restraint' in Gulf

U.N. Secretary-General Antonio Guterres is again calling for "maximum restraint" in the Persian Gulf region and warning all parties that a new confrontation "would be a catastrophe."


Jul 5, 2019

Former Guard commander says Iran should seize a UK tanker

A former leader of Iran's powerful Revolutionary Guard says the Islamic Republic should consider seizing a British oil tanker in response to authorities detaining an Iranian oil tanker off the coast Gibraltar


Jul 5, 2019

Egypt hikes fuel prices by up to 22 %

Egypt has hiked up fuel and cooking gas prices again as part of austerity measures designed to overhaul the country's ailing economy


Jul 1, 2019

Iran breaches uranium stockpile limit set by nuclear deal

Iran has broken the limit set on its stockpile of low-enriched uranium by its 2015 nuclear deal with world powers