Saudi crown prince says he wants to mend ties with Iran
Crown Prince Mohammed bin Salman has said Saudi Arabia wants to resolve its differences with rival Iran, a marked shift in tone in the wake of the election of US Continue Reading
Why Nigerian Oil Prices Are Falling
Although it is a very rare occurrence to see Nigerian grades trade at levels stipulated by the Nigerian National Petroleum Company (NNPC) every month, the issuance of its official selling Continue Reading
Uganda Set To Launch Tenders On Massive Oil Project In December
The Petroleum Authority of Uganda will launch in December the first key tenders for the long-awaited oil resources development project in the East African country, which cleared a major hurdle Continue Reading
India’s city gas demand may drop by 25%-30% as COVID-19 cripples key states
India’s city gas demand is expected to drop by around 25%-30% in the coming months as the COVID-19 pandemic spreads across large cities and states that are also the main Continue Reading
India’s Covid-19 Surge Spreads Rapidly Beyond New Delhi, Mumbai
The Covid-19 outbreak that has overwhelmed hospitals in New Delhi and Mumbai is spreading to states across India, as the world’s fastest-growing Covid-19 surge shows no signs of slowing. The country hit a Continue Reading
Oil Theft Is A Major Problem In Latin America
Washington’s focus on disrupting narco-trafficking in Latin America, through a combination of coca crop eradication, enforcement and seizures is placing pressure on criminal organizations to find other sources of income. Continue Reading
Venezuela says 8 soldiers killed amid fighting along Colombian border
Venezuelan Defense Minister Vladimir Padrino said on Wednesday that eight soldiers were killed in combat amid continuing clashes between the armed forces and illegal armed groups along the border with Continue Reading
China says population grew in 2020 after report of decline
China’s population grew last year, the government said Thursday, following a report that a census might have found a surprise decline, possibly adding to downward pressure on economic growth. The Continue Reading
California’s $4 Gasoline May Mean a Price Shock Across U.S.
California gasoline prices rose to $4 a gallon for the first time in a year and a half as more motorists hit the road amid easing pandemic restrictions in the Continue Reading
Oil-rich Bakken Shale shows promise of natural gas growth despite fewer rigs
Although oil production in most US shale basins is not expected to reach pre-coronavirus levels until at least late 2023, additional processing and higher gas-to-oil ratios might still lead to Continue Reading