South Sudan, South Africa Ink Oil Deal
South Sudan and South Africa have inked an exploration and production sharing deal for oil in a sign that South Sudan is well on its way to put its best Continue Reading
How can Venezuela move forward?
THE FAILURE of an uprising against Venezuela’s authoritarian regime last week has left opposition leaders and their foreign supporters debating what went wrong. Did the generals and other senior regime Continue Reading
Panama Canal Authority to tighten draft restriction to 43 feet
The Panama Canal Authority announced a new maximum draft restriction of 43 feet, or 13.11 meters, the sixth since January, in the Gatun Lakes, which will come into effect May Continue Reading
Mexico Stanches Flow of Stolen Fuel
Mexico’s government is notching some successes in its battle against the country’s fuel thieves, dealing a blow to organized crime and restoring lost revenues to financially troubled state-run oil company Continue Reading
Venezuela crisis: malaria spreads as economy implodes
There was a time when Venezuela led Latin America in the battle against malaria. No longer. The collapse of the country’s economy and health system, combined with a boom in Continue Reading
Trump Advisers Accuse China of Reneging on Trade Commitments
Doug Mills/The New York Times WASHINGTON — President Trump’s top economic advisers on Monday accused China of reneging on previous commitments to resolve a monthslong trade war and said Mr. Continue Reading
China’s Hengli boosts Saudi oil buys as new refinery ramps up
China’s privately owned Hengli Petrochemical has increased its Saudi Arabian crude imports for April and May as it prepares to bring a new refinery in northeastern China to full capacity, Continue Reading
After latest threats, Chinese see Trump as a Marvel villain out to destroy them
President Trump is, according to the Chinese Internet, a Marvel supervillain who can wipe out half the universe with a snap of his fingers. But in Trump’s case, it’s the Continue Reading
China Set To Defy U.S. Sanctions On Iran
Tensions between Washington and Beijing could soon peak if China positions itself to defy President Trump’s repeal of Iranian oil sanctions waivers. On Saturday, noted Chinese analysts said that China Continue Reading
What Explains China’s Thirst For Saudi Oil
China stepped up purchases of Saudi oil in the first four months of this year as a private refiner is raising crude intake from the Kingdom that has secured term Continue Reading