While China pushes for the petro-yuan. Russia is also making moves which could have serious implications for the U.S. dollar.
Read More »A Chilled ‘Thank You’: Russia to Send China First Arctic LNG
Novatek plans to work on another LNG plant once its Yamal capacities are launched.
Read More »The Qatar Blockade Could Cause a Regional Recession
Saudi Arabia is on course with a Saudization policy that aims to reduce its reliance on immigrant labor in the public and private sector.
Read More »The Rise of the Petroyuan
A more significant development was Russia agreeing to some yuan-based oil trade in 2015. also the result of U.S. sanctions.
Read More »IAEA Chief will Visit Tehran on Saturday
Trump'.s approach has been blasted by many countries. international bodies. political communities and world media.
Read More »Iran Aims to Boost Non-Oil Exports to Africa by 2020
The trade exchange volume between two countries is now about $400 million.
Read More »IAEA: No Problems with Inspections in Iran
Trump'.s approach has been blasted by many countries. international bodies. political communities and world media.
Read More »Novatek `Won`t Waste Time` Lobbying for End to Russia Natural Gas Export Monopoly
Analysts see more likelihood of a shift in policy with regards to Gazprom'.s planned 38 Bcm year exports to China via the Power of Siberia pipeline.
Read More »Saudi Aramco Denies It Is Planning to Shelve $2 Trillion Listing
The kingdom’s oil company dismisses reports it could drop huge international float in favour of private stake sales.
Read More »China Keen to Buy 5% of Saudi Aramco Directly
Chinese state-owned oil companies PetroChina and Sinopec have written to Saudi Aramco in recent weeks to express an interest in a direct deal.
Read More »