In 2018. BP invested over $10 billion to buy BHP Billiton'.s US shale business.
Read More »Iran Battles to Contain Panic After Virus Deaths Multiply
Flights were grounded. schools shuttered and religious shrines disinfected. but as Iran struggles to contain the spread of coronavirus there’s panic. disarray and questions over who to believe.
Read More »World Bank Head Says Virus Expected to Weigh on First-Half Global Growth
World Bank President David Malpass said global economic growth in the first half of 2020 is likely to fall short of the 2.5% pace that the lender has forecast for the full year.
Read More »US West Coast’s Largest Oil Refinery Erupts in Flames
A massive blaze at the Marathon Petroleum refinery in California led to closure of all lanes of the 405 Freeway Tuesday night in the city of Carson.
Read More »Trump Attempts to Push Harder to Curb Venezuela`s Oil Trade
The Trump administration recently imposed sanctions on a subsidiary of Russia’s Rosneft.
Read More »U.S. Business Gauge Tumbles to Lowest Since 2013 on Virus
U.S. business activity shrank in February for the first time since 2013 as the coronavirus hit supply chains and made firms hesitant to place orders. a warning sign that the outbreak is starting to dent the world’s largest economy.
Read More »FATF Blacklisting to Serve as Justification for Inhumane Sanctions on Iran
Iranian President Hassan Rouhani condemned the Financial Action Task Force’s decision to blacklist Iran. saying the move will be used to justify the intensification of inhumane sanctions on the country.
Read More »Iran`s Main Stock Market Keeps Rising despite Rial Fall
The total value in the main Iranian stock exchange has reached all-time highs thanks to a boom in trade.
Read More »Sanctions on Rosneft Unit Threaten Venezuela’s Vital Oil Trade
U.S. sanctions on Rosneft Trading SA threaten Venezuela’s ability to export oil. but pose only a limited threat to the Russian energy giant’s wider business.
Read More »Rapid Surge in Iran Coronavirus Cases Is Very Worrisome
A surge in coronavirus cases and deaths in Iran is raising concern because the outbreak can’t be traced directly back to China. the head of the World Health Organization said.
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