Responding to oil price caps, Russia to send more to Asia
Before sending tens of thousands of troops into Ukraine in February, about half of Russia's oil and petroleum product exports went to Europe...
Category : Oil & Gas
Rising oil costs could hamper Vietnam’s economic growth: Expert
by WebAdmin
HSBC experts projected that Vietnam's economy would continue to grow despite a less optimistic external outlook...
Now, an app to watch crude oil thieves in Nigeria
NNPC said it has intensified efforts with its international partners to track Nigeria’s stolen crude, using its unique registration....
Saudi Aramco makes huge profit amid Ukraine-Russia war
The amount from the Saudi oil firm Aramco is the biggest quarterly adjusted profit of any listed company....
US imposes fresh sanctions: More trouble for Chinese, UAE firms
The United States imposed penalties on companies from Singapore, Hong Kong, and the UAE, as per the Treasury website....
COVID impact: UK taxpayers own shares in cannabis oil firm
Due to a government rescue funding program established during the COVID disaster, UK taxpayers now own shares in 65 additional businesses....
Will Saudi Arabia, UAE bail out from oil crisis?
OPEC was established in 1960 as a cartel with the intention of controlling the price and supply of oil globally....
Decline of Nigeria crude exports: Country heading towards economic collapse?
The Excess Crude Account and fuel subsidies have depleted state coffers in the first four months of 2022....
Oil & gas: What makes this industry most profitable
According to IMF, the fossil fuel industry also benefits from subsidies of USD 16 billion a day....
Shell planning to drill in the Gulf of Mexico for oil extraction
US President Joe Biden is considering opening the gates for drilling in the Gulf of Mexico....