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Month: October 2018

Category:
  • Russia
  • Saudi Arabia

$5 Billion Saudi LNG Investment Plays Into Russia’s Hands

Depending on who you ask, energy markets would likely be better off without more Saudi-Russia oil and gas cooperation, which will amount to greater clout in the Middle East as Continue Reading

Posted On : 30 Oct 2018 Published By : Tom Whipple
Category:
  • Iran
  • Iraq

Iraq Expects Exemption From U.S. Sanctions Against Iran

Iraq should be exempted from U.S. sanctions against Iran because of the heavy reliance of the former on the latter for gas and electricity supplies, a senior Iraqi official told Continue Reading

Posted On : 30 Oct 2018 Published By : Tom Whipple
Category:
  • Iran

Iran Sells First 280,000 Barrels Of Crude On Exchange

A little over a quarter of a one-million-barrel offering of Iranian crude on the local energy exchange found buyers in the first day of trading, IRNA reports , as Iran Continue Reading

Posted On : 30 Oct 2018 Published By : Tom Whipple
Category:
  • Iran

Rouhani Replaces Key Economic Officials Ahead Of Sanctions

Iran’s president Hassan Rouhani has replaced several senior economic officials a week before U.S. sanctions against Tehran come into effect, Sputnik reports , citing a statement by Rouhani from Sunday. Continue Reading

Posted On : 30 Oct 2018 Published By : Tom Whipple
Category:
  • Iran

Iran’s Worst Nightmare Is Coming True

In what must seem like a nightmare scenario for Iran, not only is another U.S. president leveling sanctions against its economy, and particularly that economy’s lifeblood, its oil sector, but Continue Reading

Posted On : 30 Oct 2018 Published By : Tom Whipple
Category:
  • Europe
  • Iran

EU Struggles To Create Iran Oil Trade Payment Vehicle

Although the European Union (EU) has vowed to create a special purpose vehicle to continue trade with Iran after the U.S. sanctions on Tehran’s oil return next week, the bloc Continue Reading

Posted On : 30 Oct 2018 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: NNPC, Oil Companies Yet to Remit $22bn Oil Revenue to Federation Account

A total of $22.06 billion and N481.75 billion oil and gas revenues are yet to be remitted to the federation account by the Nigeria National Petroleum Corporation (NNPC), the Nigeria Continue Reading

Posted On : 30 Oct 2018 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria Emerges 2nd After China in Global Refinery Capacity

A new report by GlobalData, a data and analytics company has said that effort by Nigeria to revive its ailing refineries alongside other upcoming private refinery projects will place the Continue Reading

Posted On : 30 Oct 2018 Published By : Tom Whipple
Category:
  • Angola

Can Angola Overhaul Its Struggling Oil Industry?

It is quite rare for African national oil companies (NOCs) to liberalize, especially in countries that are heavily dependent on oil revenues. Yet Angola, whose stability was sent reeling by Continue Reading

Posted On : 30 Oct 2018 Published By : Tom Whipple
Category:
  • Pakistan

The mega-dam being crowdfunded by Pakistan’s top judge

The proposed site of the Diamer-Bhasha dam in Gilgit-Baltistan Cash-poor Pakistan is crowdfunding a drive to collect almost $17bn from its citizens, officials, businesses and stars in order to build Continue Reading

Posted On : 30 Oct 2018 Published By : Tom Whipple

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