African commodity exporters risk a “disorderly” hit to their economies if they don’t adapt to the reality of low prices, said a senior official at the International Monetary Fund. Some Continue Reading
The Iraqi oil ministry will negotiate directly with international oil companies (IOCs) and consortiums in the upcoming bidding of a dozen small- to medium-sized fields located in the provinces of Continue Reading
The Energy Committee of the Egyptian Parliament plans to contact its Ministry of Petroleum to get to the bottom of why the petroleum shipment from Aramco was suspended earlier this Continue Reading
China oil Angola overtook Russia as China’s biggest oil supplier last month, exporting 1.02 million barrels per day to the Asian country, up by 45.8 percent on the year, Reuters Continue Reading
The Kenyan government has been urged to consider a pipeline for oil exports to reap maximum benefit from the proposed early production. According to oil and gas experts, the basic Continue Reading
Venezuelan state oil company PdVSA obtained the minimum required participation in its bond swap after… CARACAS, Venezuela—State oil producer Petróleos de Venezuela SA said Monday it has concluded a deal Continue Reading
Oil Pipeline Fears of a possible default by Venezuela’s cash-strapped oil company PDVSA have mounted in recent weeks, but can now rest easy, after Venezuela managed to get credit holders Continue Reading
The final judgment may rest with God. But there is a lot of manoeuvring in Tehran to influence the decision on who will be Iran’s next supreme leader. There is Continue Reading
Venezuela’s socialist government and opposition will hold surprise talks on Sunday amid a worsening political standoff and protests since the suspension of a referendum drive to remove unpopular President Nicolas Continue Reading
PDVSA Venezuela just dodged a bullet, pulling off a last minute bond swap with creditors. The deal only buys Venezuela a little bit of breathing room, and a default at Continue Reading
