Tag Archives: United Nations (UN)

The two countries will probably resume production on two joint oilfields in the south of Kuwait.

Efforts now need to be made on devising a financial mechanism to overcome the US sanctions.

Oil supplies from Iran should be completely stopped by October.

North Korea relies on imported fuel to keep its struggling economy functioning.

The EU fully supports the Presidential Council and its efforts to stabilize Libya.

A National Assembly-proposed bankruptcy law shows the depths of the challenges PDVSA faces.

North Korea has already exceeded the annual cap allowed for oil imports.

Transparency about spending would enable Libyans to see who is getting what from Libya oil.

Haftar had claimed that oil money was being used to support terrorists.

Production has plummeted by about 850.000 barrels per day (bpd) from little more than one million bpd.