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OIL AND GAS
Arabs in talks with US for security pact, Saudis say
by Staff Writers
Riyadh (AFP) Dec 9, 2018

Arab countries are in talks with the United States for a new security agreement to protect the Middle East from "external aggression", Saudi Foreign Minister Adel al-Jubeir said on Sunday.

"The aim is to achieve security arrangements in the Middle East that can protect the region from external aggression... and strengthen relations between the United States and the countries of the region," Jubeir said.

The Saudi minister was talking at a news conference at the end of a Gulf Cooperation Council summit in Riyadh.

Asked about reports of talks on the creation of an Arab-American military alliance against Iran, he said: "Talks are continuing between the United States and the Gulf states around this question and ideas are being drawn up".

"It's a work in progress and the two parties want to see it happen," said Jubeir, adding that the alliance would include Egypt and be called the Middle East Strategic Alliance, or MESA.

Media reports have indicated in recent months that an Arab-American anti-Iranian alliance could emerge, and that it would be similar to NATO.


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Australia's Melbana agrees with Cuba on plan to expand island's offshore production
Washington DC (UPI) Dec 05, 2018
Australia's Melbana oil exploration company, which has rights in a Cuban area known as block 9, will now also work to enhance production from the separate Santa Cruz offshore field, which has been producing oil for over a decade. "Melbana has completed its initial assessment, yielding a number of promising opportunities to enhance production" from the Santa Cruz offshore field just off the islands northeastern coast, about 28 miles away from Havana, the company said on Wednesday. The San ... read more

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