North America

Trump lifts restrictions on offshore drilling

President Donald Trump signed an executive order to lift restrictions placed on offshore oil drilling by the previous administration, opening vast areas to exploitation.

North America

Trump-Putin breach: real or charade?

Is Trump's breach with Putin real, or is all the sudden sabre-rattling part of an elaborate charade to throw Congress off the scent of ongoing Trump-Putin collusion?

The Andes

Venezuelan oil goad in US-Russia game

Amid growing crisis in Venezuela, it emerges that the country's state oil company, heavily indebted to Russian giant Rosneft, made a big donation to Trump's inauguration festivities.

North Africa

Libya: oil ports change hands yet again

The Benghazi Defense Brigades seized Libya's key oil ports from warlord Khalifa Haftar, and urged the Tripoli-based "official" government to take control of the country's "oil crescent."

Iran

Iran bank drops dollar amid new sanctions

The Central Bank of Iran formally dropped its use of the US dollar as Trump slapped new sanctions on the Islamic Republic in response to its latest missile test.

Iran

Iran’s land-grab in Syria

Iran's government and companies close to the elite Revolutionary Guards have signed major economic contracts with Syria, gaining control of large areas of the country.

Mexico

‘Gasolinazo’ protests rock Mexico

Several states across Mexico have been shaken by days of angry protests in response to a jump in the price of gasoline sparked by a new deregulation policy.

Iran

Iran: Ahwazi militants blow up pipelines

Ahwazi Arab militants claimed responsibility for two pipeline blasts in Iran's Khuzestan province, amid growing unrest over the ecological impacts of oil exploitation.

Greater Middle East

Emir of Kuwait dissolves parliament

The Emir of Kuwait issued a decree to dissolve the country's parliament after weeks of deadlock over austerity measures imposed due to depressed global oil prices.