Oil production shutdowns are increasingly likely as several players in the sector push their own agenda. The war of words over who controls Libya’s oil sector has now spilled over into its operations. Last week, one of the most powerful men in Libya, National Oil Corporation (NOC) chairman Mustafa Sanallah, …

A meeting of Jordanian, Egyptian, Lebanese and Syrian ministers seems to have cracked Syria’s isolation. Four Arab countries have agreed on a road map to supply Egyptian natural gas to Lebanon through Jordan and Syria during a ministerial meeting in Amman on Sept. 8. They also approved a plan to …

Trading houses are rushing to supply Russian Urals crude to the United States where oil production was hammered by Hurricane Ida in August, three trading sources said on Friday. Ida, one of the most devastating hurricanes for oil companies operating in the U.S. Gulf of Mexico since storms in 2005, …