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 »Most Major Asian Markets Rose but Trade Fears Keep Dealers at Bay
Iran'.s leaders have dismissed Trump'.s offer of talks. saying the US was carrying out ".psychological warfare"..
Read More »U.S. Oil Exports to India Rise as China Intake Fades
China has proposed import taxes of up to 25 percent on U.S. crude. as well as on liquefied natural gas and coal.
Read More »U.S. Mulls Oil Sanction Waivers as New Iran Penalties Start
The U.S. is weighing case-by-case exemptions for some countries from the next set of sanctions.
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