Persian Gulf nations unite over IS threat

Sep 2, 2014

Persian Gulf nations unite over IS threat

Advances by jihadists in Syria and Iraq, and U.S. calls for a coalition against them have made Persian Gulf monarchies set aside disputes over Qatar’s support for the Muslim Brotherhood, analysts say. Wary of spectacular gains made by Islamic State jihadists in Iraq and ...

Jakarta tiptoes around issue of gas-rich islets

Aug 26, 2014

Jakarta tiptoes around issue of gas-rich islets

The word “sleepy” could have been invented for Ranai, the largest town in Indonesia’s remote and sparsely populated Natuna archipelago. It has few cars and only two sets of traffic lights. The cloud-wreathed mountain looming over it resembles a slumbering volcano. Nearby beaches lie ...

Aug 22, 2014

Japanese firms discover gas, oil condensate off southern Vietnam

Oil distributors Idemitsu Kosan Co., JX Holdings Inc. and Inpex Corp. said Thursday they have discovered gas and crude oil condensate in exploration mining blocks 300 km southeast of Ho Chi Minh City, in southern Vietnam. The three companies found similar accumulations in the ...

Iraq looks to protect oil in south

Aug 9, 2014

Iraq looks to protect oil in south

Iraq’s Sunni Islamist insurgency has further crippled the nation’s dream to match the oil power of Saudi Arabia, making oil fields in the safer south even more vital — but even that region has not been completely free from attacks. Baghdad is struggling to ...

Aug 3, 2014

After defeating Kurds, Islamic State rebels seize Iraqi towns, oil field

Islamic State insurgents have captured two northern Iraqi towns and an oil field in their first major victory over Kurdish fighters, witnesses said Sunday. The al-Qaida offshoot, which swept through northern Iraq in June almost unopposed by Iraq’s U.S.-trained army, poses the biggest challenge ...

Russia ordered to pay $50 billion for taking over Yukos

Jul 28, 2014

Russia ordered to pay $50 billion for taking over Yukos

An international court on Monday ordered Russia to pay over $50 billion in compensation to the former majority shareholder of now-defunct oil producer Yukos over the expropriation of the company more than 10 years ago. In one of the largest arbitration cases ever, a ...

Jul 28, 2014

Xinjiang extremists may have joined Iraq conflict, China envoy says

Muslim extremists from China’s far western region of Xinjiang have gone to the Middle East for training and some may have crossed into Iraq to participate in the conflict there, China’s special envoy for the Middle East said on Monday. China has repeatedly expressed ...

China keeps fishing fleet connected in disputed waters

Jul 28, 2014

China keeps fishing fleet connected in disputed waters

On China’s southern Hainan island, a fishing boat captain shows a Reuters reporter around his aging vessel. He has one high-tech piece of kit, however: a satellite navigation system that gives him a direct link to the Chinese coast guard should he run into ...