Puneet Parikh (New Delhi, India) US President Donald Trump’s unilateral decision to withdraw from the Iran nuclear accord could increase the unpredictability of the world’s
Tag: Rosneft
QIA and Glencore Abandon Plans to Sell 14% Stake of Rosneft to China’s CEFC
Mining company Glencore and Qatar are abandoning their plans to sell a $9 billion stake in Russian state oil company Rosneft to the Chinese company
India’s Oil Game-Changer: Saudi Aramco Setting Foot in India’s Oil Sector with a $44 Bn Project
India and Saudi Arabia are going to build a crude-oil refinery with an intended capacity of 1.2 million barrels a day in the Western Indian state
Exxon Forced to Halt Exploration in Russia’s Siberia Due to Sanctions
US sanctions against Russia prevented Exxon Mobil Corp from proceeding with its ambitious projects to explore the north of Siberia for oil. The American oil
Russia’s Sakhalin-1 Project Jeopardizes OPEC Output Freeze
Oil production from Russia’s Sakhalin-1 project is poised to go up by about 25% to 250,000-260,000 barrels per day from January 2018, suggesting that the
The Soviet Legacy: Russia to Secure Cuba’s Energy Needs, Raising US Concerns
Russia has started exporting oil to Cuba for the first time this century to make up for the declining shippings from the crisis-ridden Venezuela. A
No Exception for Exxon to Drill in Russia as OPEC Extends Output Freeze
The Organization for Petroleum Exporting Countries (OPEC) has decided in favor of an oil output freeze extension. The cartel would extend the global deal to
Exxon Seeks Waiver from US Sanctions to Drill in the Black Sea
The American energy giant Exxon Mobil is trying to get a waiver from the US Treasury Department from the sanctions on Russia in a bid
Venezuela’s PDVSA Late on Oil Shipments to Russia and China
Venezuela’s state-run oil company, PDVSA, has for months been unable to deliver the shipments of crude and fuel in a timely manner under oil-for-loan deals
Britain’s BP Likely to Cut its Investment Budget
Britain’s oil giant BP has published its second-quarter profits revealing that they plummeted by 45 percent as the global oil oversupply had dragged revenue and