Tag Archives: International Organizations

China has decided to invest &.25 million to help slow the decline underway in Venezuela.

India was in touch with Iran on several issues. including on US’s withdrawal from the Iran nuclear deal. signed in 2015.

NOC has lifted force majeure on El Feel oilfield. which was declared on February 23 this year.

Kazakhstan keeps on increasing oil production despite its participation in OPEC+ deal.

Germany. Britain and France have asked the Trump Administration to provide exemptions for EU companies.

North Korea has already exceeded the annual cap allowed for oil imports.

The Libyan National Army contends that some of the oil revenue flowing from the NOC to the Libyan government is diverted to fund rival militias.

President of Russia Vladimir Putin and US leader Donald Trump are going to discuss oil prices at the summit in Helsinki.

Demand for OPEC’s crude oil is expected to average 32.2 million bpd in 2019.

The EU has suffered considerable economic losses due to the US-led push to block trade with Russia since 2014.