The Qingdao Seawin Biotech Group Co. Ltd., based in Shandong, China, which produces crop nutrients made from seaweed had set up a store in Los
Tag: US
OPEC Head Urges All Producers to Join Production Cuts
OPEC’s Secretary General Mohammed Barkindo urged US shale oil companies to help curb global oil supply warning that the market might need to be rebalanced
The Geopolitics of North Stream 2: With EU Already Divided, New US Sanctions Will Do More Harm
Nord Stream 2 is poised to boost Russia’s influence over its neighbors and divide the European Union internally. Yet, American sanctions against the project will
Market Update: Venezuela Abandons US Dollar in Oil Trade
Venezuela is no longer receiving or sending payments in US dollars in response to the sanctions imposed by the White House in August. Oil traders
Doha Under Arab Boycott: Qatar’s Potash Exports Unaffected by Diplomatic Row
Norway’s Yara International said that Qatar fertilizer exports from Qatari producer Qafco would be unaffected by a regional diplomatic row that saw major Gulf economies
Market Update: Saudis Contemplating Oil Output Freeze Beyond March 2018
Saudi Energy Minister Khalid al-Falih said that OPEC and other leading non-OPEC producers might need to prolong their output freeze in the future after they
California Seeks Carbon Trading with China to Counterbalance US Withdrawal from Paris Accord
California Governor Jerry Brown said yesterday (1 June), following Donald Trump’s announcement of the US withdrawal from the Paris climate deal, that he would discuss
Saudi Arabia to Sign Deals with 12 US Companies During President Trump’s Visit
Saudi Arabia is going to sign contracts with 12 American companies on the upcoming Saturday (20 May) during the official visit of President Donald Trump,
Market Update: Oil Prices Rebound With $50 Once Again Becoming Ceiling
Oil prices rebound from five-month lows, following a week of major losses around the world, as investors are still worried about overflowing crude inventories. Even
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