Experts and analysts are skeptical that the Venezuelan cryptocurrency is really backed by oil assets and minerals.
Read More »Washington Mulls Waivers on Iran Oil
It was the first time a US official said the administration was in the process of considering waivers.
Read More »India Attempts to Reassure Markets on Deregulation of Fuel Prices
The government is cutting petrol and diesel by 2.50 rupees per litre to help Indians struggling to pay fuel prices.
Read More »Saudi Arabia Supplies about 5 mln bpd to Asian States
Oil from Eastern Russian field is very competitive.
Read More »UAE. Iran`s Rival may be Cracking Down on Trade
The U.A.E. is committed to abiding by the sanctions and will look for condensate supplies from countries other than Iran.
Read More »Saudi Arabia. Russia Violated OPEC Deal on Output Cuts
U.S. sanctions on Iran’s petroleum sector are set to take effect next month.
Read More »Putin will Meet Shell CEO in Moscow
Putin and the Shell boss will discuss the Sakhalin-2 liquefied natural gas (LNG) project on Russia’s Pacific coast.
Read More »About 30 Energy Ministers to Take Part in Russian Energy Week in Moscow
The ministers will be able to discuss state policy in the energy sector during a special ministerial conference organized as part of the Russian Energy Week.
Read More »Pakistan-Saudi Arabia will Sign Four MoUs
Pakistan is importing about 110.000 barrels per day crude oil from Saudi Arabia
Read More »Saudi Arabia Desires to Invest in Alternative Energy. Oil Refining Sector in Pakistan
The Saudi delegation also met PM’s Adviser on trade Abdul Razak Dawood and discussed ways to increase bilateral trade.
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