2 August 2021
The United States on Thursday imposed sanctions on another subsidiary of Rosneft: "TNK Trading International S.A. is another Rosneft subsidiary brokering the sale and transport of Venezuelan crude"
European stocks are still trading, and still falling. Stoxx 600 Index drops 9.6%
UAE Energy Minister regrets the collapse of OPEC+ and calls for a new agreement
UAE: ADNOC is in an excellent position to keep abreast of market changes and developments
Price war escalation continues. This time from the UAE. Abu Dhabi's Adnoc will boost crude supply to more than 4mbd. Perspective- that is more than 1mbd they pumped in February
Saudi Aramco says the government has ordered it to boost its maximum sustainable production capacity to 13 million barrels per day (from currently 12 million barrels per day). More shock-and-awe (and a pretty expensive awe too)
1 year ago
Russian stock exchange down more than 10% on opening
The SDF restarted the flow of energy products through the Manbij crossing to Turkish-controlled areas and Idlib.
Oil prices have plunged 30% to around $31 a barrel - its lowest price since 1991. Dow futures plunged more than 1,000 points
Saudi Arabia is launching the oil market equivalent of a declaration of war: plan for a big production hike, and offering discount for its crude
Egyptian Foreign Ministry: The Ethiopian Foreign Ministry statement regarding the Renaissance Dam lacks fitness and diplomacy and involves an unacceptable insult to the League of Arab States
1 year ago
The continuation of OPEC discussions in Vienna on deepening the reduction of oil production by 1.5 million barrels per day
Oil falls more than 4% as Russia defies OPEC's call for output cuts1 year ago
Oil falls more than 4% as Russia defies OPEC's call for output cuts
Economic fallout continues from a protracted blockade of Libya's vital oil fields and ports, with losses close to $2.708 billion, the national oil corporation announced, intensifying the pressure on the UN-supported government in Tripoli
1 year ago
Novak is now meeting with Azerbaijan's energy minister ahead of the OPEC plus meeting
Ethiopia: We stress our right to use the Nile water resources to meet our needs
The Ethiopian Foreign Ministry announces its rejection of the Arab League decision regarding the Renaissance Dam
Oil in London has collapsed below $50 a barrel1 year ago
Oil in London has collapsed below $50 a barrel
1 year ago
Belarus sees no reason to work on roadmaps for integration with Russia until issues with oil supplies are resolved: Foreign Minister
1 year ago
Saudis, Gulf Mull 600,000 B/D Cuts in Addition to OPEC Deal, Sources Say
Ethiopia rejects Egypt's warning against filling the GERD
1 year ago
Opec ministers are currently discussing the 1.5 million cut but Russia wants a lower number- sources
Iran announces country's Industry, Mining and Trade Minister Reza Rahmani infected with COVID-19
NetBlocks: Power failure interrupted Internet connectivity in several states of Venezuela
Ethiopia announces the start of storing 4.9 billion cubic meters of water from the Nile River next July
1 year ago
President of Belarus Lukashenka praises Odesa-Brody pipeline during meeting on crude oil supply. "We should work with Ukraine"
1 year ago
Lukashenka: Belarus doesn't put the question as to whether we will buy Russian oil. We will. Because its production and transportation was created with the help of Belarusians. But we, of course, are not going to constantly crawl on our knees on December 31, begging for that oil
1 year ago
New vice-PM for petrochemical industry appointed in Belarus
Russia's state oil company Rosneft paid $250 million to a mystery consultant to help secure deals in Iraqi Kurdistan1 year ago
Russia's state oil company Rosneft paid $250 million to a mystery consultant to help secure deals in Iraqi Kurdistan
1 year ago
Azeribaijani State Oil company SOCAR plans to ship oil from Ceihan in Turkey to Belarus. First tanker departure scheduled for 5-6 March
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