International

Venezuela’s crude oil sales to the United States in 2017 were the lowest since 1991.

Iraqi forces expelled Daesh from oil-rich Kirkuk in October.

The Russians and Americans are going head-to-head in a global oil and gas market.

China has struggled for two years with President Xi Jinping’s drive to reform the country’s coal industry and use cleaner fuels.

SOMO is expected to announce its March official selling prices for Asia. Europe and U.S.-bound supplies around the 10th of February.

Iraq hoped to more than double production from the northern Kirkuk oilfields with the help of BP.

The UN Security Council in August banned North Korean exports of coal.

Washington has introduced several rounds of sanctions against Russian businessmen. politicians. enterprises. and economic sectors over the Ukranian crisis.

The IPO is the brainchild of Crown Prince Mohammed Bin Salman as the cornerstone of his Vision 2030 program to reform the country’s oil-dependent economy.

Due to the crisis and inability to afford cash for production maintenance. Venezuela is—unwillingly—overcomplying with its share of the OPEC cuts.