Kerry Meets Arab Gulf Ministers to Ease Concerns Over Iran Deal

Secretary of State John Kerry is meeting Gulf foreign ministers Monday to provide assurances that the U.S. commitment to the oil-rich region isn’t wavering after last month’s landmark nuclear agreement with Iran.

Iran nuclear deal: These industries could get a boost

As diplomats try to sell an agreement on Iran's nuclear program to power brokers in their respective countries, one of the potential stumbling blocks will be the pace at which Western powers roll back sanctions on the marginalized nation.

OPEC Earnings Fall With Oil Prices

The 9-month-old plunge in the price of oil combined with a decrease in exports cut into OPEC’s net earnings in 2014, according to estimates by the U.S. Energy Information Administration (EIA).

Iran Deal May Be Slow to Affect Oil Sector

HOUSTON — The breakthrough in nuclear talks with Iran on Thursday has the potential to cause a seismic shift in global energy markets over the long term, but energy experts said any appreciable impact on an already glutted global oil market was highly doubtful for at least six months and probably more than a year.

Iran to push for Saudi oil output cut at OPEC: Mehr news agency

(Reuters) - Iran will try to persuade Saudi Arabia to cut oil production when the oil ministers from the two OPEC members meet this week in Vienna, Iran's semi-official Mehr news agency reported on Sunday citing a television interview with the country's oil minister.

Russia to seek new partners if Western oil majors leave - minister

MOSCOW, Nov 22 (Reuters) - Moscow will seek new partners in countries that have not imposed sanctions on it if Western oil and gas companies pull out of projects with Russia, RIA news agency quoted Energy Minister Alexander Novak as saying on Saturday.

China joins nations eyeing India's civil nuclear sector

NEW DELHI (Reuters) - China became the latest nation to line up for a stake in India's civil nuclear energy drive on Thursday, agreeing to open talks on cooperation in a sector that New Delhi sees as the solution to its chronic power problems.

Nuclear energy should be kept out of politics: Russia's Rosatom

LONDON (Reuters) - Nuclear energy should be left out of any political decisions such as sanctions, an executive at Russia's state nuclear corporation Rosatom told Reuters on Thursday.

US hits Russia's largest bank, energy sector with sanctions

Washington (AFP) - The United States hit Russia's top bank and leading energy and technology companies with sanctions Friday, restricting access to finance and technology to punish Moscow's support for Ukraine's separatist rebels.

Russia warns EU of Ukraine gas shortage

Russia says there is a risk that gas shortages this winter could force Ukraine to siphon off supplies of Russian gas meant for EU customers.

John Kerry acknowledges 'tangible progress' in nuclear talks with Iran

The top diplomats from the US and Iran have hailed the progress made so far at nuclear talks in Vienna but say more time may be needed to close the remaining gaps between the sides.

Exclusive: Iran eases demands in Vienna nuclear talks - Western diplomats

VIENNA (Reuters) - Iran has reduced demands for the size of its future nuclear enrichment program in talks with world powers although Western governments are urging Tehran to compromise further, Western diplomats said on Thursday.

Oil Risk Flares in Iran Nuclear Talks Amid Unrest in Iraq

Targeting Iranian crude exports to force cuts in the nation’s nuclear program is becoming a riskier strategy for oil markets as violence erupts in neighboring Iraq and supply disruptions persist in Libya.

China, Russia on verge of gas deal

BEIJING — China plans to sign a multibillion-dollar deal to buy Russian gas during a visit by President Vladimir Putin next week despite U.S. pressure to avoid undermining sanctions on Moscow over the Ukraine crisis.

Side deals with Moscow thwart drive to wean Europe off Russian gas

(Reuters) - While officials in Brussels were calling for Europe to reduce its dependency on Russian natural gas and negotiate with Moscow as a bloc, Austria was quietly bypassing the European Commission to cut its own bilateral deal on building a pipeline.

Germany outlook sours on Ukraine concerns

The outlook for Germany's economy is looking dimmer as tension in Ukraine continues.

INSIGHT-Nuclear deal heightens tension between Iran president and Guards

BEIRUT, Feb 9 (Reuters) - The article on Iran's semi-official Fars news agency appeared routine: the minister of roads and urban development said the ministry does not have a contract with construction firm Khatam al Anbia to complete a major highway heading north from Tehran.

Iran extends energy olive branch to West

Davos (Switzerland) (AFP) - Iran on Thursday stepped up its efforts to woo investors and normalise its relations with the West with an offer to help create a new multilateral body tasked with stabilising global energy supplies.

RPT-Iran fuel oil exports to plunge as winter boosts local use -source

Nov 11 (Reuters) - Iran's fuel oil exports will plunge to as little as a third of previous levels over the next few months as winter demand forces the country to divert the product to its own power plants, according to a National Iranian Oil Company (NIOC) source.

Zimbabwe's Kariba dam 'be to expanded' after China deal

China has lent Zimbabwe $319m (£199m) to ease electricity shortages by expanding its Kariba hydropower station, Zimbabwe's Finance Minister Patrick Chinamasa has said.