Before sanctions. the US used to be the largest buyer of Venezuelan crude.
Read More »Pipelines could Derail the US Oil Boom
Quality could at some point become a bigger problem for US producers.
Read More »Iran’s Oil Exports Drop Ahead of US Waivers Decision
Japanese refiners are unlikely to continue buying Iranian crude from April onwards.
Read More »2019 will See LNG Oversupply
China’s LNG imports reached a new record-high in January 2019.
Read More »Iran is Implementing Commitments under Nuclear Deal
The agency continues to verify the non-diversion of nuclear material declared by Iran under its Safeguards Agreement.
Read More »Nord Stream 2 Is 70 Percent Complete
The Nord Stream 2 has long attracted opposition from some European countries.
Read More »China`s Massive Oil & Gas Discovery in Bohai Sea
The flow has been discovered in CNOOC’s Bozhong 19-6 gas field.
Read More »Venezuela Struggles to Find Oil Buyers amid US Sanctions
The sanctions block all payments to PDVSA accounts.
Read More »Venezuelan Oil Exports Disrupts Heavily due to US Sanctions
PDVSA and Maduro’s government could have a much harder time finding destinations for Venezuelan oil than first thought.
Read More »Switzerland & Iran Developing Payment Channel to Bypass US Sanctions
The European Union is also working on a financial mechanism to ease non-dollar trade with Iran and circumvent US sanctions.
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