The project is under construction in accordance with the approved schedule.
Read More »The Oil Market Is Expected to be in Balance towards the End of 2019
There is great anxiety in the market today mainly related to supply concerns.
Read More »Iran Most Influential Country on Crude Price
Iran currently holds the most influence over crude oil price movement. followed by Russia and the United States.
Read More »Saudi Arabia Backs out of Major Russian LNG Project
The Saudi Arabian national oil and gas company Saudi Aramco has decided not to buy a share in Novatek’s Arctic LNG-2 project.
Read More »Fiat Chrysler puts Merger Offer to Renault Board
Fiat Chrysler has made a transformative merger proposal to Renault. the Italian-American carmaker said. in a deal that would create a new third-ranked global manufacturer.
Read More »BC Has No Power To Regulate Crude Flowing Through Trans Mountain
The project has languished in pipeline purgatory as Canada’s federal government. BC. Alberta. indigenous groups. and environmentalists continue to wage war over the controversial project.
Read More »Chinese Crude Imports from Saudi Arabia Rose 43% in April
Imports of Russian crude to China stood at 1.49 million bpd – up from 1.35 bpd in April last year.
Read More »Oil under Pressure from U.S.-China Trade War
In oil futures markets. the trade war effect is better seen beyond the spot market.
Read More »China’s Crude Oil Imports from Saudi Arabia Rise 43% in April
China in April imported 3.24 million tons of crude oil from Iran. or 789.137 bpd. up from March’s 541.100 bpd.
Read More »US Blockade against Iran Is not Useful
European states had to do more to preserve the 2015 nuclear deal in the face of the US withdrawal last year.
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