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Month: August 2018

Category:
  • Iraq

Kurdish Officials: Iraq, Turkey Can’t Export Kirkuk Oil Without Kurdistan Deal

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

Posted On : 16 Aug 2018 Published By : Tom Whipple
Category:
  • Iran
  • p-

German rail operator phases out Iran projects

 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

Posted On : 16 Aug 2018 Published By : Tom Whipple
Category:
  • Turkey

Turkey’s Energy Bill Soars as Its Currency Tumbles

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

Posted On : 16 Aug 2018 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: NNPC Seeks to Dominate Africa’s Oil Market

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

Posted On : 16 Aug 2018 Published By : Tom Whipple
Category:
  • Venezuela

Venezuela creditors eye oil assets in battle over unpaid debt

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

Posted On : 16 Aug 2018 Published By : Tom Whipple
Category:
  • China
  • Nigeria

Nigeria: NNPC, Chinese Consortium Meet to Finalise Term Sheet On 614km AKK Gas Line

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

Posted On : 16 Aug 2018 Published By : Tom Whipple
Category:
  • Niger

Four in a row for oil discoveries in Niger

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

Posted On : 16 Aug 2018 Published By : Tom Whipple
Category:
  • Venezuela

Venezuelan Government Uses Bonds to Pay Settlement With Miner

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

Posted On : 16 Aug 2018 Published By : Tom Whipple
Category:
  • Indonesia

Indonesia’s Oil Sector In Jeopardy As Elections Loom

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

Posted On : 16 Aug 2018 Published By : Tom Whipple
Category:
  • China
  • USA

China, U.S. to hold lower-level trade talks in late August

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

Posted On : 16 Aug 2018 Published By : Tom Whipple

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