Monday, August 18, 2025
Russia

Rosneft and Kurdistan Deals Halted by Iraqi Government

From Kurdistan 24 Authorities in Iraq have not yet resolved a dispute regarding agreements signed by Russian energy giants Rosneft and the Kurdistan Regional Government (KRG) for assets in the region, Iraqi Ambassador to Russia Haidar Mansour Hadi said earlier this week. Despite objections from the Iraqi government, the Russian energy giant has continued to sign deals with the KRG, most recently

API Says Steel Tariffs Will Hurt Oil, Gas, NGLs

Jack Gerard, president and chief executive officer of the American Petroleum Institute, issued a statement on behalf of its oil and gas industry members speaking against the decision by the White House to activate steel tariffs on Canada, Mexico and the EU. The tariffs became effective at midnight June 1, 2018. “We are deeply discouraged by the administration’s actions to

No Quick Fix for the Expensive Bottleneck in the Permian Basin

From Dallas News Success is catching up with the Permian Basin, the prolific U.S. oilfield that’s out-producing many Middle Eastern nations. With oil prices climbing, the basin has become an expensive bottleneck as drillers try to pump more crude and natural gas than what pipelines can send to refineries, storage tanks and ports. Billions of dollars worth of new and