Algeria’s oil and gas production appears to be unaffected so far by the political unrest gripping the country, an International Energy Agency (IEA) official said on Tuesday. A major oil Continue Reading
The U.S. blacklisted members of what officials said was a “vast network” operating in Turkey and the United Arab Emirates that helped Iran exchange over $1 billion in currency to Continue Reading
Saudi Arabia, through its oil behemoth Saudi Aramco, is looking to decreasing its carbon footprint by creating a global gas business, Aramco’s CEO Amin Nasser said during an industry event Continue Reading
The unrelenting unrest in Algeria in the form of mass protests seeking to force President Abdelaziz Bouteflika out of office has investors worried; but so far, there are no signs Continue Reading
President Trump’s national security team is deeply divided over whether to let a small group of countries keep buying Iranian oil after a U.S. deadline on sanctions waivers expires in Continue Reading
Government yesterday signed a multi-billion deal with the China Railway Seventh Group to design and construct Masindi-Biso, Kabaale-Kizirafumbi and Hohwa-Nyairongo-Kyarushesha-Butole road. The 97km road is part of the 700km critical Continue Reading
Activity at Venezuela’s main oil port of Jose, operated by state-run company PDVSA, was halted following a massive power blackout on Monday, according to two oil industry workers and a Continue Reading
Meeting in Brazil this week, auto executives from Toyota to GM talked up traditional fuel sources like ethanol, natural gas, and diesel, underlining how South America’s protected auto market is Continue Reading
The Mexican subsidiary of U.S. railroad operator Kansas City Southern expects its gasoline transport business to grow at least 15 percent by volume this year, and possibly much more, a Continue Reading
Venezuela is once again finding itself in the dark in another massive power outage, according to Aljazeera , weighing further on the South American country that is struggling to maintain Continue Reading
