At last month’s NATO summit in Brussels. President Trump caused a stir by claiming Germany was a ``captive of Russia.``
Read More »Russia may Abondon Dollar in Oil Trade
The dollar. which is considered to be the international currency. becomes a risky tool for payments.
Read More »Venezuelan Oil Production Falling Faster Than Expected
In July. Venezuela’s oil production came in lower than PDVSA had targeted. according to Argus Media.
Read More »Total Certain to Exit Iran Gas Project
China earlier this year introduced the petroyuan as an alternative to the US dollar-dominated oil industry .
Read More »ExxonMobil will Support $2bn Permian Highway Pipeline Project in US
The Permian Highway Pipeline will provide additional capacity for reliable transportation of natural gas to the U.S. Gulf Coast.
Read More »Saudi Arabia Reassures Canada on Oil Supplies as Dispute Continue
Bilateral trade between Canada and Saudi Arabia is worth more than $3 billion a year.
Read More »Brexit Could Be Damaging to North-East Oil Companies
Additional costs brought on by a no-deal Brexit would harm the region’s oilfield services exporters.
Read More »US Does not Impose Sanctions on Venezuela`s Oil
The word out of Washington is that the United States is no longer looking at sanctioning Venezuela’s oil industry.
Read More »Venezuela’s Oil Production to Improve
Oil prices have recovered and the country’s economic collapse has left it unable to capitalize.
Read More »China Interested in Joining TAPI Pipeline Project
China’s ties to Islamabad have deepened in recent years as Beijing has pledged to fund $57 billion in infrastructure as part of its Belt and Road initiative.
Read More »
Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel