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These funds will allow Venezuela to upgrade the development of its key industry.
Read More »Chinese Bank Approves US$5Bn Loan for Venezuelan Oil Development
US Oil Surge $75 after Iran Threatened will Block Middle East Shipments
Iranian President Hassan Rouhani said: ``It has no meaning for Iranian oil not to be exported. while the region’s oil is exported"..
Read More »Gazprom Boosts Gas Output to Increase Exports to Europe
Gazprom increased gas production by 8.7 percent in the first half of 2018.
Read More »PGNiG Signs Deal for Long-Term LNG Deliveries from US
Poland aims to stop importing natural gas from Russia after 2022. according to officials.
Read More »US could ask Russia to Boost Production as Washington Prepares to Sanction Iran
Russian Energy Minister Novak is on his way to Washington to attend the World Gas Conference.
Read More »Novak Says a Crude Output Deal for 2019 is already Being Planned
Russia plans to increase its output by 200.000 barrels per day as part of Saturday’s deal.
Read More »Saudi Arabia Invites Russia to Join OPEC as Observer
The idea to bump output has been advocated by Saudi Arabia and Russia.
Read More »Win-Win Deal for Russia & Saudi Arabia
Iran. OPEC’s third-largest producer. was against the agreement at first since the country is facing export-crippling US sanctions.
Read More »Oil Min: OPEC should Stick to Its Production Limits
Zanganeh said that Iran would try to maintain its export levels in the face of US sanctions.
Read More »With OPEC Meeting. Where Are Oil Prices Headed?
OPEC members. including Saudi Arabia. and other oil producers will meet in Vienna this week.
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