On a sparkling day on May 18, the nearly 300-meter-long tanker Christophe de Margerie set sail from the northern Russian port of Sabetta. Crossing the so-called Northern Sea Route in Continue Reading
The coronavirus crisis may have triggered the long-anticipated tipping point in oil demand and it is focusing minds in OPEC. The pandemic drove down daily crude consumption by as much Continue Reading
Lebanon had its rating cut to the lowest grade by Moody’s Investors Service, which said that bond investors will likely suffer major losses on their holdings as the government struggles to Continue Reading
Flash floods have ravaged swaths of war-torn Yemen, leaving dozens dead and destroying thousands of homes, security officials and an aid group said Monday. At a time when Yemen is Continue Reading
Two key questions logically arise from last week’s announcement from Iran’s Petroleum Ministry that it has awarded a US$1.3 billion development deal to more than double oil production at the Continue Reading
Clashes between Iraqi protesters and security forces in central Baghdad killed at least two demonstrators overnight, security and medical sources said on Monday. It was the first such deadly incident Continue Reading
The COVID-19 pandemic has affected the completion of the Dangote Refinery and also crippled a critical segment of the Ebute-Metta to Apapa segment of the Lagos to Ibadan rail project. Continue Reading
Russia’s Lukoil said July 27 that it has reached an agreement with Cairn Energy to take a 40% stake in the Rufisque, Sangomar and Sangomar Deep (RSSD) project offshore Senegal Continue Reading
Narendra Modi has cultivated a reputation for making dramatic decisions to respond to India’s complex policy challenges. Addressing the nation on primetime television about coronavirus on March 24, the prime Continue Reading
A man was shot and killed during a protest over gasoline shortages in eastern Venezuela on Saturday, officials and a local human rights group said, less than two weeks after Continue Reading
