Mohammed bin Salman Photographer: Simon Dawson/Bloomberg From Franklin Roosevelt to George W. Bush, American presidents saw oil as the cornerstone of the relationship between Saudi Arabia and the U.S. — Continue Reading
Prince Alwaleed bin Talal said he is likely to restructure his investment vehicle since his release in January from detention in Saudi Arabia’s crackdown on corruption. In an interview with Continue Reading
For more than a year, Saudi Arabia has claimed that its oil giant Aramco is worth around US$2 trillion, and that its initial public offering will be held in the Continue Reading
The Organization of the Petroleum Exporting Countries and Azerbaijan are discussing deepening cooperation, including possible Azeri membership of OPEC, two sources familiar with the talks told Reuters on Monday. Azerbaijan, Continue Reading
Crude oil could turn Ghana into one of the fastest-growing economies in the world. This seems to be the message coming from analysts as the West African country is set Continue Reading
Amnesty International has accused international oil companies, Shell and Eni of negligence when addressing spills in Nigeria, describing their actions as “serious negligence.” Amnesty said the companies were “taking weeks Continue Reading
from OKORO CHINEDU in Lagos, Nigeria LAGOS, (CAJ News) – WHILE it is the continent’s biggest producer of crude oil, the irony is that Nigeria suffers recurrent crippling fuel shortages. Continue Reading
The US added another weapon to its armory of sanctions against Venezuela on Monday by prohibiting all US trade in the petro, a digital currency launched by the government of Continue Reading
Cryptos are moving sharply lower in response to news that President Trump has issued an executive order banning the U.S. purchases of the "Petro", the cryptocurrency which was infamously rolled Continue Reading
The Trump administration is actively exploring options to impose sanctions on Venezuela’s oil sector, a senior U.S. official said on Monday, after the White House issued an executive order barring Continue Reading
