Politics Threatens To Bust Kurdish Oil Investment Boom

By Rafiq Latta in Irbil

Political tensions surrounding oil development between the Kurdish Regional Government (KRG) and Turkey on one hand and central government in Baghdad on the other, are ratcheting up to new levels, imperiling the exploration bonanza that has seen around 50 companies flood to invest in the exploration sector of Iraq�s Kurdish north.

Eni Returns To Libyan Exploration Drilling

By James Cockayne

Italys Eni has become only the second foreign company after Algerian state giant Sonatrach to restart post-revolution exploration drilling onshore Libya.

By Nader Itayim

Having concluded what both countries have described as successful talks on border security, there is real hope that South Sudan can now finally restart its oil exports through Sudan before the end of the year.

Aramco Prepares To Enter Saudi Power Market

By Nick Wilson in Jiddah

To create a more competitive power market Saudi Arabia is preparing a transmission network upgrade and regulations that will allow multiple companies, including Saudi Aramco, to sell power to Saudi Electricity Company (SEC).