Damir Kaletovic is an award-winning investigative journalist, documentary filmmaker and expert on Southeastern Europe whose work appears on behalf of Oilprice.com and several other news sites.
The U.S. Department of Treasury has slapped new sanctions on Iran, targeting 13 individuals and as many companies, in response to an Iranian ballistic missile…
A Ukrainian military plane has reportedly made two low passes over Russian oil rigs in the Black Sea, with Russia calling the incident a clear…
Russian Energy Minister Alexander Novak has announced that global oil output was cut by 1.4 million barrels per day last month, in the aftermath of…
Lebanon will place all future oil revenues in a sovereign wealth fund (SWF) to invest in development projects, President Michel Aoun said, referring to hoped-for…
Venezuelan state-run oil company PDVSA’s default is probable, according to rating’s agency Fitch, as the country struggles with the long-running drop in oil prices—its only…
Syrian Prime Minister Imad Khamis has claimed that terrorist attacks during the last two months have cost the country’s oil sector US$2 billion. Khamis said…
Libya is home to a massive 48 billion barrels of oil—the largest reserves in Africa--and it’s about to open its doors to new foreign investment…
As the oil price crisis catches up with Saudi Arabia, residents of the oil-rich Kingdom will have to start paying taxes on services and products…
Iran has said it may cancel its high-profile, US$7-billion ‘peace pipeline’ project with Pakistan over lengthy construction delays, with would deprive energy-starved Pakistan of the…
South Sudan aims to double its oil production to 290,000 barrels per day in fiscal year 2017/2018, the country’s finance minister said on Friday, up…
Libya has restored oil production to around 700,000 barrels per day after losing 60,000 barrels per day to a technical malfunction at the Sarir oilfield…
Oil major Royal Dutch Shell (RDS.A) cannot be sued in London over Nigerian oil spills, the High Court ruled Thursday, heading off any future attempts…
Crude oil and other liquids inventories grew by 2.0 million barrels per day in the fourth quarter of 2016, the US Energy Information Administration (EIA)…
One of the world’s leading integrated oil and gas companies, BP, survived sanctions against Russia and now says that the OPEC and non-OPEC oil production…
Equatorial Guinea has applied to join OPEC as its 14th member during a visit by Mines and Hydrocarbons Minister Gabriel Mbaga Obiang to the compliance…
After an electrical failure at the Sarir oilfield caused by a fire at a substation, Libya’s oil production has fallen by 60,000 barrels per day,…
This weekend the representatives of OPEC and several other major oil producers outside of this group, including Russia, are meeting in Vienna for their first…
Some 1.5 million of an agreed upon 1.8 million barrels per day of oil has been taken out of the market in January, Saudi Arabian…
Saudi Arabian Energy Minister Khalid Al-Falih says the Kingdom has designs of becoming a “major exporter” of renewable energy, targeting the European market for starters.…
Ukraine is about to lose its precious gas-transit business as its state-run gas giant struggles to function as the puppet of multiple geopolitical players and…