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.
Read More »Trump: Germany is Russia`s Captive
The EU has suffered considerable economic losses due to the US-led push to block trade with Russia since 2014.
Read More »Iran Criticizes India for not Making Promised Investments in Chabahar Port
Shipping to Iran and ports in the country are also coming under the US sanctions.
Read More »Iran will be a Reliable Energy Partner to India
Iran has always been a reliable energy partner for India and others.
Read More »US Sanction Threats on Iran`s Oil Exports not Important
Iran has plans to counter U.S. President Donald Trump'.s threats to stop Iran'.s oil sales.
Read More »Asia`s Oil Refiners Racing to Secure Crude Supplies due to U.S.-China Trade War
U.S. crude oil is not on the list of 545 products the Chinese government has said it would immediately retaliate with in response to American duties.
Read More »Saudi Aramco IPO may Not Happen
A decision on what to do rests in the hands of Crown Prince Mohammed bin Salman.
Read More »Oil Exploration Grows in U.S. with Crude Reaching $75
The Permian. with 55% of all the active crude rigs in the country. is the busiest American field.
Read More »China’s Energy Giant Enters the Greek Market
The cooperation deal envisages investments worth at least €3 billion ($3.5 billion) in the Greek market.
Read More »Russia`s Big Challenge Now that OPEC Deal is Complete
Russian government officials have become increasingly vocal about rising pump prices in recent weeks.
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