New US sanctions on Venezuela’s crude output are expected to have a more negative impact on the country’s production and global supply than sanctions on
Tag: US Sanctions
Energy Geopolitics: Poland Launches Legal Battle Against Gazprom
Poland has launched a legal battle against Russian energy giant Gazprom with the possible fines up to 10% of the company’s annual turnover. The Polish
Russia Bypasses US Sanctions with a $27 Billion China-Funded Arctic Plant
Russia has launched a giant Arctic gas project in its efforts to bypass Western sanctions and boost ties with China. The $27 billion Yamal LNG
China’s CNPC Suspends Fuel Shippings to North Korea
China National Petroleum Corp (CNPC) has frozen its sales of fuels to North Korea, fearing that it will not get paid amidst the pressures to
ExxonMobil Faces a Dilemma due to US Sanctions
The world’s most valued oil company, ExxonMobil, is struggling with an ordinary journey of an oil drilling rig, scheduled to resume operation some time ago,