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The Trump administration is ready to block a Russian state-owned oil giant from gaining control of critical energy assets in the U.S. owned by Venezuela.
Read More »Washington Ready to Block Potential Russian Takeover of U.S. Oil Firm
Japan. US Look to Cut Off North Korea`s Oil Supply
Tokyo and Washington see quick. decisive action as necessary to avert a crisis
Read More »Despite New U.S. Sanctions. Russian Oil Traders Business as Usual
Several Russian banks are already subject to U.S. and European Union sanctions.
Read More »Venezuelan President Calls for Emergency Meeting with U.S. Oil Buyers
The financial sanctions did not mention cutting off U.S. imports of Venezuelan oil. which could be critical to Venezuela'.s economy as well as U.S. oil refiners.
Read More »Washington Congratulates Lithuania for Receiving First LNG Shipment from US
Lithuania follows Poland in receiving its first LNG delivery from the US. reducing Russian energy dependence &. increasing Baltic security.
Read More »EU More Likely to `Ally with Russia Than US` Over Gas Pipeline Projects
Gazprom and its European partners are currently working on two pipeline projects. Nord Stream 2 and Turkish Stream.
Read More »Inpex Eyes Bid for Iran’s Azadegan Oil Project
NIOC will soon provide all necessary data about the Azadegan oil field to interested firms.
Read More »Russian Watchdog Says Schlumberger-Eurasia Drilling Deal ‘Has Big Problems’
In 2015 Schlumberger agreed to buy 45.65% of EDC for $1.7 billion but the deal fell through after FAS repeatedly postponed its approval.
Read More »Iran Air to Make Initial Decision on Plane Financiers in a Month
The state-run airline has received seven of its ordered planes so far. including three Airbus and four ATR. The delivery of the rest hinges on provision of financing for the purchases.
Read More »Senators Urge Trump to Avoid Blockade of Venezuela Oil Shipments
A drilling boom in the United States has allowed the government to store more oil than it needs to meet international spare supply agreements.
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