Venezuela’s crude oil sales to the United States in 2017 were the lowest since 1991.
Read More »Europe Avoids Russian Oil because of Quality
The quality of crude oil is measured based on the amount of sulphur and the level of gravity or density.
Read More »Next Generation LNG Terminals are Shrinking to Offer Greater Flexibility
LNG export terminals have traditionally been large-scale.
Read More »China Rejects U.S. Criticism of Relations with Venezuela
Since 2007. China has loaned more than $50 billion to Venezuela through an oil-for-loans.
Read More »Aramco’s Asia Light Oil Pricing Unchanged in Sign of Slower Demand
Growth in shale production should limit any increases in Saudi oil pricing.
Read More »Oil Min Dismisses Claims on Oil for Fighter Jet Barter
Under an initial agreement. Russia was expected to buy up to 500.000 b d of oil in return for Russian equipment and commodities.
Read More »Iran. Armenia Deal on Swap of Gas. Electricity
Armenia by around 30.000 kilometers area and with a population of 3 million is located in Caucasus Region and in the year 1991 it became independent from the Soviet Union.
Read More »Exxon Believes Climate Change Poses Little Risk to Its Business
The industries that can deploy this technology at the lowest cost are oil and gas companies.
Read More »Iraq Denies Daesh Controls Oil-Rich Kirkuk
Iraqi forces expelled Daesh from oil-rich Kirkuk in October.
Read More »Iran Mulls Output Rise in Abouzar Oilfield
Abouzar is located 76 kilometers southwest of the Kharg Island.
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