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Month: August 2020

Category:
  • Iraq

Iraqi ports company defends tanker business against the Basra Oil Co.

An attempt by the Basra Oil Company (BOC) to take over logistics operations of Iraq’s offshore oil facilities in the Basra Gulf has led to a rift with Iraq’s ports Continue Reading

Posted On : 21 Aug 2020 Published By : Tom Whipple
Category:
  • USA
  • Venezuela

Trump administration to tap into frozen Venezuelan government funds to revive efforts to oust Maduro

The Trump administration is tapping into more than $300 million in frozen Venezuelan government funds in an effort to give new momentum to its elusive goal of ousting President Nicolás Continue Reading

Posted On : 21 Aug 2020 Published By : Tom Whipple
Category:
  • Peru

Low Prices Put The Brakes On Peru’s Oil Ambitions

One country often ignored when considering Latin America’s regional hydrocarbon sector is the Latin American country of Peru. Over the last two decades, the Andean country has developed rapidly to Continue Reading

Posted On : 21 Aug 2020 Published By : Tom Whipple
Category:
  • Guyana

New Guyana Oil Rules Could Delay Exxon’s Developments

The new government in the world’s newest oil producer, Guyana, looks to raise the requirement for local content in employment and procurement of goods and services in the offshore oil Continue Reading

Posted On : 21 Aug 2020 Published By : Tom Whipple
Category:
  • USA
  • Venezuela

Guilty Plea Entered in PdVSA Corruption Investigation

Ms. Rangel pleaded guilty to a count of conspiracy to commit an offense against the U.S., according to a plea agreement filed last week. Felipe Jaramillo, a lawyer who represents Continue Reading

Posted On : 21 Aug 2020 Published By : Tom Whipple
Category:
  • China
  • USA

Trump Cancels China Talks, Raising Questions About Trade Deal

President Donald Trump said he called off last weekend’s trade talks with China, raising questions about the future of a deal that is now the most stable point in an Continue Reading

Posted On : 21 Aug 2020 Published By : Tom Whipple
Category:
  • China

The Oil Industry’s Biggest Weakness Is Its Reliance On China

Whenever the commodity cycle reaches a trough, all eyes turn to China. Asia’s biggest powerhouse has through years of explosive growth become the top—or one of the top—importers of many Continue Reading

Posted On : 21 Aug 2020 Published By : Tom Whipple
Category:
  • China

Beijing says residents can go mask-free as China COVID cases hit new lows

Health authorities in China’s capital Beijing have removed a requirement for people to wear masks outdoors, further relaxing rules aimed at preventing the spread the novel coronavirus after the city Continue Reading

Posted On : 21 Aug 2020 Published By : Tom Whipple
Category:
  • China

Water levels at China’s Three Gorges near maximum after flooding rains

Water levels at China’s giant Three Gorges Dam on the Yangtze river are inching closer to their maximum after torrential rains raised inflows to a record high, official data showed Continue Reading

Posted On : 21 Aug 2020 Published By : Tom Whipple
Category:
  • China

China floods devastate Yangtze basin as army mobilizes 1.2 million troops for relief effort

Wang Nianyin was still asleep on the second floor of his Lulu Cat Café on Wednesday morning when water seeped onto the picturesque stone streets outside. The waters around Chongqing Continue Reading

Posted On : 21 Aug 2020 Published By : Tom Whipple

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