The U.S. Administration expects that it will be able to persuade Iran’s oil customers to cut their crude imports from Tehran by as much as 1 million bpd, Bloomberg reports Continue Reading
Demonstrations continued in Basra, Missan, and Dhi Qar provinces this week as protesters criticized security force tactics and a slow government response to complaints of unemployment and poor services. The Continue Reading
Crystallex’s victory in a legal battle with Venezuela that paves the way for it to collect a $1.4 billion award hinged on a finding that state oil company PDVSA is Continue Reading
Venezuela’s efforts to stay afloat financially have suffered another blow after a judge in the US gave a Canadian mining company permission to seize the shares of the Venezuelan holding Continue Reading
Venezuela’s state-owned PDVSA’s dependence on its US unit Citgo for refined products and diluent could be put in jeopardy by a US court order Thursday that may result in the Continue Reading
U.S. liquefied natural gas (LNG) company Cheniere Energy Inc said on Friday it had signed a 25-year deal to supply Taiwan’s CPC Corp, which CPC valued at roughly $25 billion. Continue Reading
The Philippines is trying to curb its inflation running at five-year highs by ordering the companies to make available for sale cheaper but dirtier fuel, backtracking on a ban on Continue Reading
The Environmental Protection Agency in August announced a plan to freeze fuel economy standards and revoke the ability of California to set more stringent rules than the national ones, prompting Continue Reading
U.S. President Donald Trump’s proposal to double tariffs on steel and aluminum from Turkey could push up costs even further for domestic oil and gas pipeline projects, as energy executives Continue Reading
U.S. energy companies this week added the most oil rigs since May as drillers follow through on plans to spend more on exploration and production in anticipation of higher crude Continue Reading
