HOUSTON Tx- PDVSA agreed to repay $2 billion to ConocoPhillips (NYSE: COP) to settle claims related to international arbitration decision from earlier this year. PDVSA has...
HOUSTON TX- According to Bloomberg and JPMorgan Chase, Saudi Arabia is set to see $65 billion in capital flee the country this year, or about 8.4...
HOUSTON Tx– IN order to get around U.S. sanctions, China is reportedly seeking to use oil tankers from Iran for its purchases. “Chinese buyers of Iranian...
HOUSTON TX- Total SA has walked away from the $5 billion South Pars gas project, but is having trouble unloading its stake. Total has essentially given...
Modupe ASUDO LAGOS-THE Multi million dollar floating Dockyard owned by the Nigerian Maritime Administration and Safety Agency (NIMASA) which arrived the country recently will save the...
HOUSTON Tx- Elon Musk has received a massive amount of media attention for the bizarre way he announced the potential for taking Tesla (NASDAQ: TSLA) private....
HOUSTON Tx- ConocoPhillips (NYSE: COP) said it is preparing for “modest” job cuts in Houston and throughout the U.S. to help keep costs down. Conoco posted...
HOUSTON Tx- A widespread blackout affecting nearly all of Zulia state in Venezuela – home to 300,000 bpd around Lake Maracaibo – could lead to more...
HOUSTON Tx- India has offered to slash its purchases of oil from Iran by half if the U.S. grants it an exemption on the rest, according...
HOUSTON Tx- Venezuela’s cast-strapped government said that it would allow domestic gasoline prices to rise to the international market level, a move clearly made because the...