One major stated purpose of these terms is to make the Ukrainian gas transit system commercially attractive for major European companies.
Read More »U.S. Weighs Oil Sanctions on Venezuela as It Steps Up Pressure
Venezuelan crude exports to the United States last year fell 15 percent to the lowest annual average in nearly three decades.
Read More »U.S. Considers New oil Sanctions on Venezuela
U.S. officials are considering a range of potential measures. including restricting U.S. imports of Venezuelan oil or even a full ban.
Read More »Total Plans to Continue with Nigeria Oil. LNG Projects
Total also planning to expand its Nigerian LNG project this year.
Read More »US energy will come from renewable sources in 2019
The majority of America’s new energy capacity additions in 2019 will come from renewable energy sources. according to figures published by the US Energy Information Administration (EIA).
Read More »Positive US-China Trade News Boosted Asian Markets
China added to market-friendly noise by saying it had agreed to cut tariffs on US autos to 15 per cent from 40 per cent.
Read More »Thamir Ghadhban. Iraq`s New Oil Minister
Ghadhban replace Jabbar al-Luaibi as oil minister.
Read More »Trump Fuels SPR Oil Sale Speculation
SPR releases are a short-term solution but they do buy some time for OPEC countries to bring additional spare-capacity on line.
Read More »Russia Ready to Finance Nord Stream 2 in Event of US Sanctions
The project has acquired full authorization for construction and operation from Germany. Finland and Sweden.
Read More »European Markets Dip as Trade War. Brexit Pessimism Weigh
Oil prices jumped 2 per cent as US sanctions restricted Iranian crude exports.
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