Tag Archives: Market

Sanctions can cut 500.000 bpd of Venezuelan exports.

At the current price of USD 70 per barrel. the annual value of global oil output is USD 2.5 trillion.

Qatar was the main exporter of LNG in 2018 with 76.8 million tonnes.

IAEA inspectors have full access to all locations required to verify the deal'.s implementation.

Venezuela'.s state-run energy company. PDVSA. kept oil exports near 1 million barrels per day in March despite US sanctions.

Ghawar in Saudi Arabia is the world'.s largest conventional oil field.

The company is preparing to raise debt in part to pay for the acquisition of a majority stake in domestic petro-chemical group Sabic.

The US. along with 50 other countries recognized Guaido as the legitimate President.

The merger will operate under the Idemitsu Showa Shell trade name.

Qatar. Algeria and Nigeria were the largest suppliers of LNG to European markets.