India had bought about 300.000 barrels per day (bpd) of Iranian oil under the six-month U.S. sanctions waiver.
Read More »Exxon Mobil Evacuates Foreign Staff Out of Iraqi Oilfield
The evacuation has not affected production at the oilfield.
Read More »Austria Confident Country Will Be Able to Implement Nord Stream 2 Project
The completion of the Nord Stream 2 gas pipeline construction and the start of its operation can be delayed until the second half of 2020.
Read More »Gazprom Discovers New Yamal Offshore Fields
The fields are located in the Kara Sea and hold 390.7 bcm and 120.8 bcm respectively.
Read More »Pakistan. One of the World’s Fastest Growing LNG Markets
Pakistan is one of the world’s fastest growing LNG markets and is still looking to secure long-term supply contracts for its second LNG terminal.
Read More »US Targets Shippers for Bringing Venezuela Oil to Cuba
The United States last Friday imposed sanctions on two shipping companies for delivering Venezuelan oil to ally Cuba.
Read More »Putin Prepares to Withdraw Support for Maduro
PDVSA is trying to retool the upgrades to process a simpler form of heavy oil.
Read More »OPEC to Gather in Jeddah amid Regional Tensions and Price Volatility
Saudi Arabia and the UAE had pledged to raise output to offset any outages in the market.
Read More »Gazprom Retains Leadership Among Russian Companies in Forbes Global 2000
ICBC. China’s bank. is topping the Global 2000 ranking for the seventh year in a row.
Read More »Oil Prices Rise as US-China Trade Tensions Rise
Investors are focusing on the US-China trade tensions.
Read More »