Categories Business Trump threatens to slap ‘very serious’ sanctions on buyers of Venezuelan crude Posted on Posted onFebruary 25, 2020February 25, 2020By Editor Washington is looking to step up pressure on Venezuela and target those purchasing its oil, US President Donald Trump says, promising that the measures may come “in the not too distant future.” … Read More >Trump threatens to slap ‘very serious’ sanctions on buyers of Venezuelan crude
Categories Business Venezuela declares an energy emergency Posted on Posted onFebruary 21, 2020By Editor Nicolas Maduro has declared an energy emergency in Venezuela in order to protect the nations oil and ensure energy security. … Read More >Venezuela declares an energy emergency
Categories Business Saudi Arabia’s oil exports dropped 11% in 2019 Posted on Posted onFebruary 19, 2020February 19, 2020By Editor Saudi Arabia’s oil exports dropped by 10.75 percent year on year in 2019, according to data from the Joint Organisations Data Initiative (JODI), as carried by local news outlet Mubasher. … Read More >Saudi Arabia’s oil exports dropped 11% in 2019
Categories Middle East US ‘shamelessly & impudently’ PILLAGES Syrian oilfields but forbids supply of hydrocarbons to Damascus, says Russian defense chief Posted on Posted onFebruary 19, 2020February 19, 2020By Editor Russia’s Defense Minister Sergey Shoigu slammed the US for occupying Syrian oilfields, calling it a major obstacle to the reconstruction of the country after the conflict. … Read More >US ‘shamelessly & impudently’ PILLAGES Syrian oilfields but forbids supply of hydrocarbons to Damascus, says Russian defense chief
Categories Business Russia and Saudi Arabia fight for share of India’s huge oil market Posted on Posted onFebruary 14, 2020February 14, 2020By Editor Russia has put India on top of its priority list as it looks to ramp up crude exports and expand its downstream presence. … Read More >Russia and Saudi Arabia fight for share of India’s huge oil market
Categories Business Vostok Oil project will boost Russia’s GDP & strengthen country’s position in the Arctic – Putin Posted on Posted onFebruary 11, 2020February 11, 2020By Editor Russia’s massive Vostok Oil project could bolster Russia’s presence in the remote Arctic region and boost the country’s economy, Russian President Vladimir Putin said on Tuesday. … Read More >Vostok Oil project will boost Russia’s GDP & strengthen country’s position in the Arctic – Putin
Categories Business Unpleasant surprise for Washington? US oil sanctions on Iran force India to look to Russia Posted on Posted onFebruary 10, 2020February 10, 2020By Editor Escalating US pressure on Iran, including sanctions targeting Iranian oil exports, may have had an unexpected consequence – pushing India to diversify its energy supplies by shifting from Tehran to Moscow as a major oil supplier. … Read More >Unpleasant surprise for Washington? US oil sanctions on Iran force India to look to Russia
Categories Business The race for Arctic oil is heating up Posted on Posted onFebruary 9, 2020February 9, 2020By Editor Norwegian and Russian companies are leading the charge in a renewed offensive for Arctic oil and gas riches. … Read More >The race for Arctic oil is heating up
Categories Business Rosneft inks deal with India’s top refiner on up to 2 MILLION tons of crude supplies Posted on Posted onFebruary 5, 2020February 5, 2020By Editor Russia’s energy giant Rosneft and state-owned Indian Oil Corporation (IOC) have agreed deliveries of 40,000 barrels of crude per day to India via the port of Novorossiysk by the end of this year. … Read More >Rosneft inks deal with India’s top refiner on up to 2 MILLION tons of crude supplies
Categories World Pompeo says US can cover 100% of Belarus’ oil needs amid Minsk row with Moscow Posted on Posted onFebruary 1, 2020February 1, 2020By Editor US Secretary of State Mike Pompeo has offered to cover all Belarus oil needs with American product at competitive prices. The sales pitch comes after Belarus lost access to low price crude from Russia. … Read More >Pompeo says US can cover 100% of Belarus’ oil needs amid Minsk row with Moscow
