The PDVSA 2026 bond slipped 0.845 cents to 24.53 cents in the dollar after soaring more than 5 cents on Wednesday.
Read More »U.S. Weighs Oil Sanctions on Venezuela as It Steps Up Pressure
Venezuelan crude exports to the United States last year fell 15 percent to the lowest annual average in nearly three decades.
Read More »Russia`s Oil Price War with U.S. would be Too Costly
The rise in prices thanks to output cuts has brought roughly an additional $110 billion in revenues to Russia.
Read More »Saudi. Russian Energy Ministers will Hold Talks in Davos
Saudi Arabia has used the forum in recent years to pitch for foreign investment.
Read More »Azerbaijan Considers Increasing Gas Transportation via TANAP in 2019
The volume of gas transportation through TANAP reached 1 billion cubic meters as of 2018.
Read More »BP Expects Solid Oil Demand Growth This Year
Dudley believes the oil market is tightening up.
Read More »Libya’s Huge Oil Field. Sharara
Libya’s oil production and exports have been severely disrupted since early December.
Read More »Germany Convinced that Nord Stream 2 Project Cannot be Stopped
The construction of the 1.200-km-long Nord Stream 2 has been going for quite some time now.
Read More »Saudi Arabia in Talks with the UAE. Oman for Natural Gas Pipeline
This network is a part of greater connectivity between regional economies.
Read More »Russia Starts Gradual Oil Output Cuts
Russia’s reductions are modest compared with the cuts from some of its partners.
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