Aramco Shares Slump On Soaring Middle East Tensions
Shares in Saudi Aramco slumped on Monday to their lowest price since the Kingdom's oil giant made its debut on the stock market nearly a month ago, as investors are?
British Navy To Escort UK-Flagged Ships In Strait Of Hormuz
The British Royal Navy will escort UK-flagged vessels going through the world's most vital oil choke point, the Strait of Hormuz, amid a sudden spike in tensions in the Middle?
Chevron To Pull US Oil Workers Out Of Northern Iraq
Chevron has pulled all of its American oil workers out of Northern Iraq, the company said on Monday, according to Reuters, making it the latest foreign oil company to?
Brazil's President Jair Bolsonaro said on Monday that he would move to bar taxation on solar energy in Brazil, as the Latin America country continues to grow the share?
Erdogan: Turkey, Libya May Open Doors To Foreign Oil Companies
Turkey and Libya could use the services of international companies for their joint oil and gas exploration plans in the Mediterranean, Reuters reports, citing Turkey's president, Recep Tayyip Erdogan. Erdogan's?
Oil Prices Climb Higher On Huge Crude Inventory Draw
Crude oil prices jumped higher today after the Energy Information Administration reported a crude oil inventory decline for the last week of 2019. The draw totaled an impressive 11.5?
Why Exxon Won't Have To Pay Fine For Dealing With Rosneft
Exxon won't have to pay a $3-million fine the U.S. Treasury Department imposed on the supermajor for doing business with Rosneft amid a growing load of U.S. sanctions against Russia.?
Tullow Continues To Struggle In The World's Hottest Oil Hotspot
Guyana has just joined the ranks of oil producing nations as ExxonMobil is already commercializing its huge oil finds offshore the South American country, but London-listed Tullow Oil continues to?
China Boosts Oil Product Export Quotas By More Than 50%
China issued the first batch of oil product export quotas for 2020 and they are 53 percent higher than this year's, Reuters reports. At 28 million tons, the oil?
Gazprom and Ukraine's Naftogaz finally reached a deal on the transit of Russian natural gas through Ukraine to Europe. TASS quoted Gazprom chief executive Alexei Miller say saying, "After?
