It is bigger and more profitable than Apple, Alphabet and Amazon combined. Aramco opens its books in the first step toward a potential public listing. Aramco has won about $60 Continue Reading
Diesel shortages are currently a major problem for Sudan that faces economic troubles, which is why, Khartoum is interested in any foreign assistance, Sudanese Ambassador to Moscow Nadir Babiker told Continue Reading
More than 50 per cent of Nigeria’s oil and gas blocks remain untapped even as crude oil production continues to hover around two million barrels per day while gas shortages Continue Reading
Recent hiccups for Brazilian oil supply call into question the growth projections for the country, with implications for the global oil market. Brazil’s oil production slipped by 65,000 bpd in Continue Reading
New US sanctions on ships and freight companies that transport Venezuelan oil to Cuba will exacerbate the island’s chronic fuel shortages and power outages, two Caribbean diplomats in Havana tell Continue Reading
China has long been criticized for imposing massive debt on developing countries as well as securing their natural resources to help them build up infrastructure with funding by Beijing, something Continue Reading
February sales fall to 122,000, led by drop in Asian markets China sales drop on seasonal factors, subsidy cuts February global EV sales up 43% on year London — Global Continue Reading
Japan’s JERA, the world’s top buyer of liquefied natural gas, on Tuesday said it had signed an agreement with a Mitsubishi Corp unit to buy up to 16 cargoes, or Continue Reading
coalChina’s thermal coal imports will decline by between 10 million and 12 million tonnes in 2019, a leading industry analyst said on Tuesday, largely because of rising domestic output in Continue Reading
China is set to import massive amounts of LNG in 2019 as part of its determined push to switch away from coal and toward the lower emissions natural gas, but Continue Reading
