Oil prices and tanker earnings often move in opposite directions.
Read More »Kuwait Energy Eyes London Listing with Soco Merger Talks
Soco holds mature oil and gas assets in Vietnam. Congo and Angola with no interests to the low-cost fields in the Middle East.
Read More »Crimea`s Role in Depletion of Russia`s Resources
Crimean issue`` has depleted the Reserve Fund. it will have to deplete Russia’s National Welfare Fund next.
Read More »Trump Administration Step on JCPOA Ahead of Deadline
Trump has railed against the deal to limit Iran'.s nuclear program in exchange for loosening sanctions reached under his Democratic predecessor. Barack Obama.
Read More »China’s Chongqing Gas Exchange Aims to Be Asian Standard
Chongqing'.s move is China'.s second attempt to develop a traded gas market.
Read More »New Deposits of Oil. Gas Found in Pakistan
Domestic production meets some 30 per cent of the demand for oil and around 70 per cent for gas in the country.
Read More »Saudi Aramco Faces a Momentous Year as IPO Deadline Apears
The sale of shares in Aramco is a complex and significant financial transaction.
Read More »Oil-Rich Venezuela Suffers from Gasoline Shortage
Venezuela’s oil production has fallen to levels not seeing since the late-1980s.
Read More »China`s Chongqing Gas Exchange Aims to be Asia Price Benchmark
Chongqing already has a relatively well-developed gas grid. and distributors there are keen to participate on the exchange.
Read More »Venezuela Oil-Backed Cryptocurrency to Launch in Days
The government appears to be hoping the petro will offset a collapse in Venezuela’s currency.
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