Halting Oil Purchase from Iran is out of Question: Turkey
Turkey Energy Minister Yildiz Tanner says his country will continue to buy Iran’s crude oil unless new supply…
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Iran
Kuwaiti Oil Prices Down 80 Cents
The price of Kuwaiti crude dropped 80 cents to settle at USD 122.60 per barrel on Tuesday, in comparison to USD…
Syrian imports of major weapons increased significantly
Syria increased its imports of heavy weapons by 580%, in the period between 2002 and 2011. Syria in recent years…
Iran to enhance Air Defense Capabilities
Iran will develop its air defense potential in proportion to the enemy’s capabilities, says a commander at the…
Saudi Oil Sales to U.S. jump
Saudi Arabia is preparing to extend this year's unexpected jump in oil sales to the United States, adding to…
KSA pledges to fill “perceived or real” Oil Supply Gap
Top oil exporter Saudi Arabia stands ready to fill any oil supply gap - "perceived or real" - as oil prices rally…
India’s Oil Companies not hurt by Iran Sanctions
India's state-run oil companies haven't been hurt by sanctions imposed on Iran by the U.S. and European Union,…
$100 pb is Reasonable Price for Oil: Bahraini Energy Minister
Bahraini Minister of Energy Abdul Hussein Mirza said Bahrain believed that the USD 100 per barrel is reasonable…
Iran Offers to build Oil Refinery for Bulgaria
Iran is willing to build a refinery in Bulgaria's Varna on the Black Sea, according to Tehran's Ambassador to Sofia…
GCC Oil ‘& Gas Reserves total $65 trillion: QNB Capital
QNB Capital has said Gulf Cooperation Council countries' hydrocarbon reserves are estimated to be worth around $65…
