Tag Archives: Crisis

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

Oil prices edged higher after the report was released to trade above $69 a barrel and later steadied.

Strong European demand has allowed Gazprom to increase production after weak results in recent years.

The Iranian tanker carrying condensates collided with a Chinese freight ship in East China coast last Saturday.

The Iranian tanker collided with a Chinese vessel off east China coast on January 6 and all those on board went missing.

Iraqi Prime Minister Haider al-Abadi expressed great support for the Kuwait agreement.

In 2018. Turkey will have its first brand-new drilling vessel. the Deepsea Metro II.

Venezuela’s oil production has fallen to levels not seeing since the late-1980s.

China has always implemented UN Security Council resolutions pertaining to North Korea in their entirety.

China is Pyongyang’s main oil supplier.