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US President Donald Trump last month accused Germany of being a ``captive`` of Russia.
Read More »Nord Stream 2 Will Bypass Danish Waters
Venezuelan Oil Production Falling Faster Than Expected
In July. Venezuela’s oil production came in lower than PDVSA had targeted. according to Argus Media.
Read More »PDVSA Appealing Crystallex Court Ruling
The Crystallex case has been closely watched by investors holding billions of dollars in Venezuelan bonds.
Read More »OPEC Forecasts Lower Oil Demand for 2019
The world will need 32.05 million barrels per day (bpd) of crude from its 15 members in 2019.
Read More »Algeria`s State Oil Firm Gets New Management
The oil giant is an important source of energy for European states trying to reduce their dependence on Russia.
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 »Chinese Local Refiners Relieved as Beijing not to Impose Tariffs on U.S. Crude
The latest threat from President Trump is to slap tariffs on US$200 million worth of Chinese goods.
Read More »Iran and Four Ex-Soviet Nations Agree Caspian Status. but not Borders
The dispute began with the fall of the Soviet Union which had had a clearly defined Caspian border with Iran.
Read More »Iran Says Caspian Borders yet to be Agreed
Iran. Azerbaijan and Turkmenistan have for more than two decades contested the ownership of several oil and gas fields in the Caspian Sea.
Read More »UAE to Build Oil Pipeline to Connect Eritrea with Ethiopia
The UAE played a behind-the-scenes role in helping Ethiopia and Eritrea end a two-decade state of war last month.
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