As nuclear-related sanctions on one country return, those on another might ease. Negotiations with North Korea are set to be long and bruising, but some vague commitments on denuclearisation have already opened a path to more normal relations with the US and the world. Then, what roles might Pyongyang play in north-east Asia’s energy nexus?

There is now a tacit US acknowledgement that its nuclear programme makes its regime secure from external"...

A strike curtailed oil production in Norway for the first time in six years, as Royal Dutch Shell shut a North Sea field and workers threatened to escalate labour action at the weekend.

A total of 669 drilling workers walked off the job early on Tuesday when state-backed mediation failed to produce an agreement on wages and pensions, affecting nine mobile rigs and fixed platforms. The action forced Shell to start closing its Knarr field, which produces"...

Jordan and Morocco are spearheading the renewable development in the Mena region, while Egypt is also showing promising signs of kickstarting its ambitious renewable programme, says a report.

The Arab Petroleum Investments Corporation (Apicorp), a multilateral development bank focused on the energy sector, today published its latest energy research report, which looks"...

The president of OPEC defended the oil producer group on Monday against U.S. President Donald Trump’s recent demands for higher oil output, saying OPEC does not shoulder the blame.

“OPEC alone cannot be blamed for all the problems that are happening in the oil industry, but at the same time we were responsive in terms of the measures we took in our latest meeting in June,” Organization of the Petroleum Exporting Countries President"...

The government of Iraq is committed to implementing a stable macroeconomic framework driven by significant growth potential in the oil and gas sector as well as non-oil industries. A potential leader in emerging markets, Iraq offers unlimited investment opportunities and requires over USD 30 billion of foreign direct investment (FDI) per annum.

After three years under combat operations, the end of Iraq’s war against the Islamic State (ISIS)"...

The United States vowed yesterday to protect free shipping in the Arabian Gulf after Iran threatened to close the Strait of Hormuz to oil tankers.

“The US Navy and regional allies stand ready to ensure the freedom of navigation and the free flow of commerce wherever international law allows,” a spokesman for the US military’s Central Command, Captain Bill Urban, said.

A"...

The credit impact of carbon transition, the global shift towards lower reliance on carbon-intensive products, is manageable for most sovereign oil and gas exporters, said Moody's Investors Service in a recent report.

Although a more ambitious transition would increase credit pressure on a number of sovereigns, added Moody in its report, 'Sovereigns -- Hydrocarbon exporters: Carbon transition manageable for most; significant credit pressure in event of more ambitious transition'.

Steffen"...

Venezuela’s crude shipments to India, its third largest export market, fell 21 percent in the first half of the year, according to internal documents from state-run PDVSA, adding to supply troubles for Indian refiners as they are increasingly pressed to diversify oil imports.

Venezuela’s production decline to a 30-year low and export woes stemming from mismanagement, lack of investment and payment delays are affecting almost all of the"...

Iran will allow private companies to export crude oil, part of a strategy to counter US sanctions, and is urging fellow Opec members, including regional rival Saudi Arabia, not to break output agreements, state media and officials said on Sunday.

Iran is looking at ways to keep exporting oil as well as other measures to counter sanctions after the United States told allies to cut all imports of Iranian oil from November.

“Iranian"...