The bond sale represents an alternate way for Saudi Arabia to raise money and diversify from oil.
Read More »Asian LNG Glut Surpasses China’s Strong Demand Growth
China continues its effort to switch away from coal.
Read More »Gulf Firms Confront New Era of Low Oil Prices with Merger Wave
Surging oil prices over more than a decade helped many Gulf states expand aggressively at home and abroad.
Read More »Russia Signals OPEC & Allies could Raise Oil Output after June
The joint ministerial monitoring committee of OPEC+ is meeting in May.
Read More »Saudi Arabia to Ditch Dollar if Washington Passes NOPEC Bill
At the current price of USD 70 per barrel. the annual value of global oil output is USD 2.5 trillion.
Read More »US will Add 34 of Venezuelan State Oil Firm`s Vessels to Sanctions List
The United States has already slapped Venezuela'.s state oil producer PDVSA with punitive measures.
Read More »Venezuela Rejects New U.S. Aggression against Oil Industry
Caracas considered unacceptable Washington'.s decision to apply measures against vessels and transportation companies to affect oil shipments to Cuba.
Read More »Venezuela`s Oil Exports Stable amid US Sanctions & Blackouts
Before sanctions. the US used to be the largest buyer of Venezuelan crude.
Read More »Venezuela Oil Exports Stable In March
The blackouts suspended operations at Venezuela’s largest oil export terminal.
Read More »Construction of Nord Stream 2 to Be Continued Despite New Gas Directive
Nord Stream 2 is a joint venture of Russian gas giant Gazprom and five European companies.
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