The rise in the price of crude is obviously very good news for oil companies.
Read More »Gazprom Borrows Pension Money to Pay Off Debt
Gazprom planned to borrow 417 billion rubles. one third of the amount needed for the construction (1.2 trillion rubles).
Read More »Iran Extends Shipping. Insurance Cover to Keep Oil Flowing to India
Iran has started providing ships as well as insurance cover to continue exporting crude oil to India.
Read More »Rick Perry: America Is the Global Energy Leader
Trump intends to take some market share from Russia. which is the largest supplier of LNG to Europe.
Read More »Kuwait Set to Stop Oil Exports via Bab Al-Mandeb
All oil shipments passing through Bab Al-Mandab Strait have been suspended temporarily until navigation through the area is secure
Read More »Trump Wishes EU to Become `Massive Buyer of US LNG`
Germany is taking every effort to implement the Russian-European Nord Stream 2 project.
Read More »US and Europe Reach Trade Cease Fire
Juncker was dispatched to Washington this week along with other European officials as part of a last-ditch effort to halt those tariffs.
Read More »Oil Prices Rise after US Crude Inventories Fall
Venezuela’s production collapsed due to a lack of investment and Iranian exports have suffered due to US sanctions.
Read More »U.S. Completes Small-Scale Natural Gas Exports Rule
The final rule is expected to reduce the regulatory burden for additional small-scale LNG projects to come to market.
Read More »Oil Rise after Saudi Arabia Suspends Shipments through Red Sea
Most exports from the Gulf that transit the Suez Canal and the SUMED Pipeline also pass through Bab al-Mandeb strait.
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