Tag Archives: International News Agency

Oil tanker owners are raising the prices they charge to export Middle East crude as tensions surge in a region that accounts for about a third of all seaborne petroleum shipments.

Russia’s state-controlled oil giant. Rosneft PJSC. is extracting concessions from crisis-ridden Venezuela to enter the offshore natural gas market on the cheap. a potential headache for the U.S. and Europe.

The current round of quotas went into force in January and ends on June 30.

The vessel was delivered to its owner. China Merchants Energy Shipping Company. to the coastal city of Dalian. northern China on Saturday.

High oil prices have been a pervasive concern for India.

Iran’s budget counts on raking in around $30 billion from oil and gas condensate exports.

Private-equity back oil firm Chrysaor has snapped up stakes in a number of UK North Sea licences containing exploration prospects from US business Apache.

The predicament of the Chinese buyers underscores how the White House’s aggressive trade and foreign policy is disrupting global commodity flows.

The deal will involve the development of two oil fields in southern Iraq.

Russia is currently discussing signing a memorandum with India on the Iran-Pakistan-India (IPI) gas pipeline project.