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As Exxon prepares to drill off Cyprus, tensions flare with Turkey

LIMASSOL, Cyprus – The drillship of ExxonMobil is reportedly expected to arrive in the port of Limassol on November 5 as the US energy...

No End in Sight for Kashagan Oilfield Woes

It’s one of the world’s largest but also most challenging oil fields, still plagued by technical difficulties, mistakes and delays. It is unclear when...

Volatile Iraqi Oil Industry Won’t Catch Saudis

Iraq, which is heavily dependent on oil exports, is facing an uphill battle as the violence-torn country is seeking to dramatically ramp up its...

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