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Month: April 2018

Category:
  • Iran
  • USA

Macron Says He Thinks Trump Will Pull Out of Iran Nuclear Deal

U.S. president may quit accord ‘for domestic reasons’: Macron Trump has set May 12 deadline for strengthening nuclear accord French President Emmanuel Macron said he thinks U.S. President Donald Trump Continue Reading

Posted On : 26 Apr 2018 Published By : Tom Whipple
Category:
  • China
  • p-
  • Saudi Arabia

Asia’s Biggest Refiner To Continue Cutting Saudi Crude Oil Imports

Having slashed Saudi crude imports for May by 40 percent, China’s Sinopec—the largest oil refiner in Asia—will continue to cut imports of the flagship Saudi crude grade in June and Continue Reading

Posted On : 26 Apr 2018 Published By : Tom Whipple
Category:
  • Iran
  • Russia

Trade talks continue between oil-rich Iran and Russia

After hinting at a possible free-trade agreement between the two oil-rich countries, a Russian delegation said it was in Iran to explore the future for imports. Russian Prime Minister Dmitry Continue Reading

Posted On : 26 Apr 2018 Published By : Tom Whipple
Category:
  • Libya

Libyan oil production moves higher for Hess Corp.

Libyan production for U.S. energy company Hess Corp. increased exponentially from first quarter 2017. Production for Libya in general all but collapsed at the height of civil war. File Photo Continue Reading

Posted On : 26 Apr 2018 Published By : Tom Whipple
Category:
  • Venezuela

Oil Majors Are Abandoning Venezuela

Chevron said on Wednesday that it evacuated executives from Venezuela following the imprisonment of two of its workers last week. The assets of Chevron are increasingly in peril, and the Continue Reading

Posted On : 26 Apr 2018 Published By : Tom Whipple
Category:
  • Venezuela

PDVSA Bond Holders Prepare For Interest Payment

A group of investors holding part of a secured US$2.5-billion bond issued by Venezuela’s PDVSA and maturing in 2020 are organizing ahead of an interest payment due to be made Continue Reading

Posted On : 26 Apr 2018 Published By : Tom Whipple
Category:
  • Venezuela

Chevron evacuates Venezuela executives following staff arrests

(Reuters) – U.S. oil major Chevron Corp has evacuated executives from Venezuela after two of its workers were imprisoned over a contract dispute with state-owned oil company PDVSA, according to Continue Reading

Posted On : 26 Apr 2018 Published By : Tom Whipple
Category:
  • Venezuela

PDVSA ordered to pay Conoco $2 billion for breaking Venezuela contracts: arbitration

An international arbitration court has ordered Venezuela’s state-run oil company PDVSA to pay ConocoPhillips $2.04 billion for early dissolution of two joint ventures for producing oil in the OPEC-member country, Continue Reading

Posted On : 26 Apr 2018 Published By : Tom Whipple
Category:
  • Venezuela

Venezuelan schools emptying as Chavez legacy under threat

It is mid-morning on a weekday yet all that can be heard in the once-bustling corridors of the Orlando Garcia state primary school is the swish of palm trees outside Continue Reading

Posted On : 26 Apr 2018 Published By : Tom Whipple
Category:
  • China
  • Electric Buses

Electric Vehicles Begin To Bite Into Oil Demand

Employees work on the assembly line of the electric bus at a BYD’s production base on January 23, 2018 in Xi’an, China. China’s largest electric carmaker BYD sold 113,669 new Continue Reading

Posted On : 26 Apr 2018 Published By : Tom Whipple

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