Tag Archives: Government

Around 300.000 bpd of crude oil previously pumped and exported in the Kirkuk province to the Turkish port of Ceyhan.

Several geopolitical factors in the coming months could lead to higher oil prices than the current $71 a barrel Brent.

The U.S. has been pursuing a policy of economic sanctions and diplomatic isolation against the Venezuelan government in support of the opposition leader Juan Guaido.

The EU issued an official statement urging the sides in the conflict to stop the violence.

Wood Mackenzie forecasts 15 billion m3 yr of shale gas production by 2020.

TAPI is an important linchpin in the realization of the New Silk Road in the arena of energy.

The sudden risk to Libya’s oil supply comes at a time when the broader global oil market is tightening.

Iran’s second largest airline. Mahan Air. has launched direct flights to the Venezuelan capital Caracas. marking a further strengthening of bilateral ties as the US tightens sanctions screws on both countries.

London-based Standard Chartered has been fined $1.1 billion by US authorities for allegedly breaching sanctions against Iran and other countries.

The bond sale represents an alternate way for Saudi Arabia to raise money and diversify from oil.