Oil prices extended gains – with US West Texas Intermediate crude for June delivery going up by 24 cents to reach $68.81 a barrel –
Category: Energy
London Rehearsing for Post-EU Future: Securing Korean Buyers for UK Oil
Britain and South Korea are discussing the protection of tax exceptions for Korean customers of North Sea oil after the UK leaves the European Union.
Chinese & Brazilian Oil Giants Team Up in an Investment-Oil Exchange
Brazilian state-run oil company Petrobras is close to finalizing a deal in which China National Petroleum Corp Ltd (CNPC) would make an investment in an
Market Update: China-US Tariff War to Negatively Impact Global Oil Consumption
The world’s oil consumption could be negatively affected by the escalating trade dispute between the United States and China, the International Energy Agency (IEA) cautioned
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
Canada Eyes Solutions to the Halt of Trans Mountain Pipeline Extension
The Canadian government announced that it was considering all its options on the Trans Mountain pipeline expansion, not ruling anything out. One of the possibilities
Saudi Aramco and French Total to Expand World’s Leading Refining Hub
Saudi state-run giant Aramco and French oil company Total are planning to sign a deal next week for the expansion of their joint venture refinery
Market Update: Saudis and Russians Working on a Historic Long-Term Oil Pact
Saudi Arabia and Russia are working on a landmark long-term deal that could extend the limitations on world oil supplies by major exporters for up
Defying Russia: Croatia’s Plan to Become EU Energy Hub Still Shrouded in Doubts
Croatia’s ambitious plan to import liquefied natural gas and become an EU energy hub has recently made some progress. Despite moving forward, the plan is,
Eritrea’s Colluli Potash Project Still Undeveloped Despite Its Untapped Potential
Danakali’s Colluli Potash Project in Eritrea has been named the world’s largest undeveloped deposit of sulphate of potash (SOP) but despite this promising profile, its