The Abu Dhabi National Oil Company (ADNOC) is looking to form partnerships with companies from the United States to develop unconventional oil resources in the United Arab Emirates (UAE), Reuters Continue Reading
Iranian President Hassan Rouhani urged the incoming U.S. administration on Wednesday to return to a 2015 nuclear agreement and lift sanctions on Tehran while welcoming the end of “tyrant” President Continue Reading
Insurgents bombed a power transmission station in the Jalula area of Diyala province late Monday, depriving many residents of electricity — the latest in a string of incidents that highlight Continue Reading
The sub-Saharan country of Angola is not one which readily springs to mind when thinking about oil producing nations. The deeply impoverished former Portuguese colony, which is an OPEC member Continue Reading
Crude oil imports in the world’s third-largest oil importer and consumer, India, surged in December 2020 to their highest in almost three years, Reuters reported on Tuesday, citing data from Continue Reading
The persisting gas crisis in Pakistan has intensified, adding to the woes of the citizens as they are forced to turn to more expensive methods to compensate for the gas Continue Reading
A sharp squeeze in domestic gas availability and the surge in LNG prices that has pushed up the cost of gas-based power generation have prompted Pakistan to turn to oil Continue Reading
The Trump administration issued a parting shot to Venezuelan President Nicolás Maduro on Tuesday, announcing a sweeping round of stiff financial sanctions that target a network accused of moving oil Continue Reading
The US Treasury sanctioned a series of European oil traders and crude tankers that allegedly helped a Mexican network work with Venezuela to evade US sanctions and move its crude Continue Reading
China is racing to build a quarantine center to house 4,000 people in the northern city of Shijiazhuang, the epicenter of the country’s latest outbreak of the coronavirus, which Beijing has Continue Reading
