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Middle East

Iraq ready to resume northern oil exports says minister

Iraq wants to restart oil exports on Saturday through a pipeline that runs from its northern Kurdistan region to the Turkish port of Ceyhan, but is waiting for the go-ahead from Turkey.

Iraq expects Total to begin $27-B energy project in second half of 2023

Iraq expects TotalEnergies to begin operations on a long-delayed $27-B oil, gas and renewables project in the second half of 2023 after finalizing side-contracts with a state oil company.

Iraq says it has had no Turkish reply on northern oil exports

Iraq has not heard back from Turkish state energy company BOTAS on a request to restart oil export flows through a pipeline that runs from the semi-autonomous Kurdistan Region in northern Iraq to the Turkish port of Ceyhan.

Tight market for sour crude oil to squeeze U.S. Gulf Coast refiners

Sour crude oil supplies for U.S. Gulf Coast oil refiners will be squeezed in coming weeks, market participants said, as global demand rises following this mConth's OPEC+ production cut.Sour crude oil supplies for U.S. Gulf Coast oil refiners will be squeezed in coming weeks, market participants said, as global demand rises following this mConth's OPEC+ production cut.

More Iranian fuel being smuggled to Pakistan, petroleum dealers say

Petroleum dealers have flagged a surge in the smuggling of Iranian fuel to Pakistan, saying that up to 35% of diesel sold in the South Asian country has arrived illegally from Iran.

UAE's ADNOC to supply full crude volumes to Asian buyers

ADNOC has informed at least three buyers in Asia that it will supply full contractual volumes of crude, steady from the previous month, trade sources said.

Business Trends: In uncertain times, how can industry balance energy security, sustainability and affordability?

FT Longitude: FT Longitude

What happened in 2022 has challenged assumptions about the energy transition.

Countdown to 26th World Energy Congress begins with release of Global Energy Leaders Survey

The countdown to the 26th World Energy Congress, to be held in Rotterdam from 22-25 April 2024, has begun as the World Energy Council launches event registration and simultaneously releases the results of its latest Pulse Survey.

Saudi's Aramco offers more vacuum gasoil supplies for May

Saudi Aramco offered more VGO supplies to be exported from its Jizan refinery in May in a sign that the refinery is yet to ramp up to full output.

Global diesel prices fall as economic slowdown intensifies

Global prices for middle distillates such as gas oil and diesel are falling as the economy slows, more refineries come onstream, and exports from Russia are re-routed and replaced by fuel from the Middle East.