Tag Archives: oil

Iraq’s president on Monday named Haider al-Abadi as the country’s new prime minister, an appointment that came amid speculation that the embattled incumbent, Nouri al-Maliki, would cling to power even after his country had dissolved into chaos and the United States made it clear that it would not support him as ...

With the Islamic State in Iraq and Syria (ISIS) and al-Nusra Front in control of several oil fields in Syria, the two radical Islamist groups entered the “oil exporters’ club,” with Western enablement. This, in addition to the closely anticipated hydrocarbon discoveries in Syria’s territorial waters and other pertinent developments, ...

Tehran- Even though it was a major exporter of crude oil and held some of the world’s most largest natural gas reserves, Iran made a compelling case over half-a-century ago that it needed, almost immediately, to produce an additional 20,000 megawatts of electricity by constructing 23 nuclear power plants.  At ...