The China-Russian oil pipeline has reduced costs and raised the efficiency of China'.s oil imports from Russia.
Read More »Shell. First Oil Major Linking Emissions with Executive Pay
Shell intends to link these targets and other measures to its executive remuneration policy.
Read More »Iran-EU Trade Mechanism will Cover Oil Sales
The mechanism is part of the EU’s efforts to encourage Iran to remain in the nuclear deal.
Read More »Qatar`s OPEC Exit for Technical Reasons
Qatar has minimal spare capacity so its exit won'.t affect the volume of oil supply in the market.
Read More »Maduro Defends Venezuela`s Right to Export Gold
Venezuela stopped sending its gold to Switzerland for processing last year to circumvent EU sanctions and turned to Turkey for the purpose.
Read More »Qatar`s OPEC Exit for Technical Reasons
Qatar has minimal spare capacity so its exit won'.t affect the volume of oil supply in the market.
Read More »China’s Petroyuan Is Going Global
China is now the world’s largest oil importer.
Read More »All Producers must be on Board in Adjusting Oil Output
Oil ministers from the Organization of the Petroleum Exporting Countries meet on Thursday in Vienna.
Read More »OPEC Respects Qatar’s Decision to Withdraw
OPEC said it remains fully committed to achieving and sustaining balance and stability in the market.
Read More »Qatar will Leave OPEC in 2019
The emirate will no longer remain committed to OPEC agreements.
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