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The United States last Friday imposed sanctions on two shipping companies for delivering Venezuelan oil to ally Cuba.
Read More »US Targets Shippers for Bringing Venezuela Oil to Cuba
Two Saudi Oil Tankers Attacked Near UAE Waters
one of the two Saudi vessels attacked was on its way to be loaded with Saudi crude from Ras Tanura port for delivery to state-owned Saudi Aramco’s customers in the United States.
Read More »Iranian National Oil Company Opens Office in Iraq
Only Iranian companies approved by the NIOC will be able to partake in Iraqi Oil Ministry projects.
Read More »Austria Welcomes US LNG. But Not as Substitute to Nord Stream 2
The US has repeatedly attempted to derail the project.
Read More »US Warns Merchant Ships of Iran Attacks
US commercial ships including oil tankers sailing through key Middle East waterways could be targeted by Iran in one of the threats to US interests posed by Tehran.
Read More »Iran not much Concerned about Fresh US Sanctions
Iran plans to boost steel output to 55 million tons a year by 2025.
Read More »Saudi`s Big Plans in India
Bilateral trade between Riyadh and New Delhi currently stands at $28 billion.
Read More »Global Shares. Oil Slump after Trump Vows China Tariff Hike
The risk for Trump is that the Chinese don’t play ball and don’t go ahead with the negotiation.
Read More »Shale Gas Potentials for Australia
Recent estimates from companies exploring the area suggest that the shale gas resources could be even larger than first thought.
Read More »Iran Hasn’t Cut Offshore Oil Output and Halted Exports
A tender to raise production at the Forouzan oil field will be finalised by the end of June.
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