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The dollar. which is considered to be the international currency. becomes a risky tool for payments.
Read More »Russia may Abondon Dollar in Oil Trade
Iran Official Says Gas Field Contract with Total. CNPC Unchanged
The renewed US sanctions were among those lifted under a 2015 deal between world powers and Tehran on curbing Iran’s nuclear program.
Read More »There is no way for U.S. LNG to Compete with Russian Gas
Gas pipelines connecting Russian supply to Europe make further inroads.
Read More »Total Certain to Exit Iran Gas Project
China earlier this year introduced the petroyuan as an alternative to the US dollar-dominated oil industry .
Read More »Saudi Aramco Forms $8bn Joint Venture with Acwa and Air Products
The JV will own and operate gasification assets. power block and other facilities at Jazan Economic City in the kingdom.
Read More »ADNOC Pursue more Japan Deals in Asian Energy Push
The UAE is the second largest exporter of crude oil to Japan after Saudi Arabia.
Read More »Trump`s Turkey Tariffs Rise to Hit Kinder Morgan Gas Pipeline Project
Trump cited the devaluation of the Turkish lira in his Friday decision to double the steel tariffs for imports from Turkey.
Read More »China`s CNPC Takes over Total`s Share in Big Iran Gas project
Total signed a contract in 2017 to develop Phase II of South Pars field with an initial investment of $1 billion.
Read More »ExxonMobil will Support $2bn Permian Highway Pipeline Project in US
The Permian Highway Pipeline will provide additional capacity for reliable transportation of natural gas to the U.S. Gulf Coast.
Read More »Saudi Arabia Reassures Canada on Oil Supplies as Dispute Continue
Bilateral trade between Canada and Saudi Arabia is worth more than $3 billion a year.
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