Tag Archives: Bloomberg News Agency

Venezuela lost the top spot to Brazil amid triple-digit inflation. unpaid debts to oil-service companies and lack of investment.

Iraq is holding talks with Iran to truck 15.000 bpd of Kirkuk crude to Iran’s Kermanshah refinery.

OPEC’s de facto leader. Saudi Arabia. needed to hit the $60 benchmark in order to feel safe in authorizing its state-run firm. Saudi Aramco’s. initial public offering.

The Turkish Stream project envisages building a gas pipeline along the seabed of the Black Sea to the European part of Turkey and farther on to the border with Greece.

Oil will trade at $50 to $60 a barrel for the ``medium term.`` the IMF said.

Rosatom is seeking to build nuclear power plants in other countries on the continent including South Africa.

Bahrain will not attend the upcoming GCC summit if Qatar takes part.

The Asian nation’s imports of Russian crude jumped 61% to a record 6.35 million metric tons in September from a year earlier.

The major risk to future gas demand is the possibility that renewable power sources will take a larger slice of the global energy pie faster than now expected.

The federal government has sent troops into areas around Kirkuk and soldiers haven’t entered the city boundaries.