Russia has been a long-standing ally of Venezuela and has acted as a lender of last resort for Caracas.
Read More »Venezuela Continues Oil Trade with US
U.S. President Donald Trump recognized Guaido as president of the country.
Read More »Japan`s Cosmo Oil Loads First Iran Crude Cargo after US Sanctions Waiver
Japan did not import any crude from Iran in November.
Read More »Saudi Aramco Considers to buy stake in Hyundai Oil bank
Aramco'.s plan to buy a stake in Hyundai Oilbank can be seen as Saudi Arabia'.s move to secure its market share in South Korea.
Read More »Venezuelan Crisis Has Zero Impact on Oil Market
Russia and Saudi Arabia have been steadily developing economic cooperation over recent years.
Read More »BP Invests $5 million in New Artificial Intelligence Technology
BP'.s investment will enable Belmont Technology to expand its workforce.
Read More »Increase in US Rig Count Weighs on Oil
China is trying to stem the slowdown with aggressive fiscal stimulus measures.
Read More »Al-Kaabi Plans to Order 60 New LNG Carriers
South Korean would be considered a primary option for building new LNG carriers for Qatar.
Read More »Is Russia Really Compliant to OPEC+ Cuts
The compliance with the agreed output cuts will be key to balancing the market in 2019.
Read More »Aramco`s Roadmap for IPO in 2021
Aramco is considering a major acquisition in the global gas industry. with potential targets in the US. Russia and Australia.
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