There were some murmurs spotlighted this week that the oil industry may be on borrowed time, at CERAWeek by IHS Markit, the energy megaconference in Houston. There was more talk of Continue Reading
The following OPEC charts were created with data from the OPEC Monthly Oil Market Report . All OPEC charts are through February 2019 and is in thousand barrels per day. Continue Reading
Reliance agrees to cut Venezuelan oil imports India in talks with US on Iran waiver expiring in May Iran imports hold $6-$7/b discount to US, Venezuela crudes Washington — By Continue Reading
A Saudi human rights commission said on Thursday that it was bringing those accused over the murder of Saudi dissident journalist Jamal Khashoggi to justice. However, the commission also rejected Continue Reading
Gazprombank, Russia’s third-biggest lender by assets, has sold its indirect stake in the Petrozamora joint venture in Venezuela, a source at the bank said on Thursday. Gazprombank, in a written Continue Reading
The neighbors were fed up. For days, they’d had no electricity or running water because of a massive national blackout. So one morning this week, they piled logs and garbage Continue Reading
At the end of 2015, managers at Rosneft, the Russian state-controlled oil firm, sounded the alarm to their bosses about the company’s investments in Venezuela. Rosneft’s local partner, Venezuelan state Continue Reading
Crews attempting to deal with black-starting a frail and brittle grid like the one in Venezuela also face major safety considerations, like explosions. Venezuela’s massive, nationwide power outages, which began Continue Reading
Opinion editorial Enlarge Image Venezuelans line up to get drinking water after the water supply was disrupted due to power outages. Power is being restored in some parts of Venezuela, Continue Reading
Amid signals that the U.S. and China have made some progress in trade negotiations in recent weeks, China has tentatively resumed buying U.S. commodities – something it had stopped doing Continue Reading
