News

A U.S. court-organized auction of shares in the parent company of Venezuela-owned Citgo Petroleum has entered its final ...
Venezuela’s oil exports held steady in May, despite re-imposed US sanctions. Chatham House research suggests that’s unlikely ...
Spain ceased all crude oil imports from Venezuela in April due to upcoming U.S. sanctions requiring foreign companies to halt ...
In May, China saw a continued increase in crude stock builds, despite a decline in seaborne imports. Stockpiling rate ...
While not officially taking over Chevron’s assets, Chinese companies like China Concord Petroleum and Anhui Guangda Mining are signing secretive production-sharing deals to operate oil fields and ...
Chevron's license allowing it to produce and export crude to the US ended in early April and the company was allowed until ...
The abrupt change in calculus for oil investors this week comes after months in which output increases from OPEC and its ...
Iranian Speaker of the Parliament Mohammad Bagher Ghalibaf concluded a tour of Latin America in a desperate attempt at regime ...
Iran also offers the cheapest petrol in the world. Following Iran, Qatar ranks third with 23,871 cubic kilometers of natural ...
Venezuela is preparing to raise gasoline prices by 50% as the government confronts a looming decline in oil revenue following the suspension of operations by Chevron ( CVX) and other foreign energy ...
Oil prices fell on June 6, but were on track for their first weekly gain in three weeks after U.S. President Donald Trump and ...
President Nicolas Maduro claimed yesterday that his US counterpart Donald Trump was being “poisoned” by “lies” about ...