Iraq and Turkey must reach a deal with the Kurdistan Regional Government (KRG) first in order to export oil from the Kirkuk fields in northern Iraq via Turkey, Kurdish officials Continue Reading
German state-owned rail operator Deutsche Bahn [DBN.UL] is phasing out projects in Iran after Washington imposed new sanctions against Tehran and said firms doing business with Iran would be barred Continue Reading
Turkey faces another big problem after it deals with the immediate impact of its currency crisis : How is it going to pay for its dependence on imported oil and Continue Reading
Africa in the next three years. The Chief Strategist at the NNPC, Mr. Bala Wunti disclosed this. Wunti, who is the Group General Manager, Corporate Planning and Strategy of the Continue Reading
As Venezuela and its state-owned oil firm PDVSA lurch from crisis to crisis, defaulted creditors are jockeying for position to ensure they are among the first to receive cash when Continue Reading
The Nigerian National Petroleum Corporation (NNPC) and a Chinese consortium have met in Dubai, United Arab Emirate, to work towards finalising the term sheet for financing of the 614 kilometres Continue Reading
Savannah Petroleum declares success at its latest oil exploration campaign in Nigeria. Photo courtesy of Savannah Petroleum Aug. 15 (UPI) — The latest confirmed oil discovery in a basin in Continue Reading
Venezuela has made a payment to a mining company using government bonds instead of cash, potentially the first time it has done so since U.S. sanctions last year barred similar Continue Reading
The future is looking grim for foreign resource companies with investments in Indonesia. In the current election cycle, it has become increasingly politically popular to push for repatriation of the Continue Reading
BEIJING (Reuters) – China will hold a fresh round of trade talks with the United States in Washington later this month, Beijing said on Thursday, offering a glimmer of hope Continue Reading
