Monthly Archives: December 2017

Top State <b>Oil</b>, Gas Firms Sign Upstream Collaboration Deal

The MoU is aimed at boosting cooperation between the state-owned oil company and POGC on broad-ranging issues such as the exploration and production sectors, searching for potential underground or subsea crude oil and natural gas fields, drilling of exploratory wells and operating wells that ...

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Weekly <b>oil</b> futures close 2017 at highest levels since Dec 2014

The main factors supporting oil futures postivitely were: strong oil demand especially from the US and China, US crude oil stocks continuous fall combined to a favourable US energy complex, the oil pipeline disruptions in the North Sea and Libya, the Opec+ deal extension, and a growing global ...

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Venezuelans Launch ‘Pork Revolution’

Thousands of angry Venezuelans took to the streets in Caracas on Wednesday and Thursday to protest a shortage of pork that has left them without their traditional Christmas dinner. Residents rallied on the streets for the “pork revolution” protests, banging pots and pans together loudly and burning trash, reported CNN. &#8220;They promised us the pork [...]

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South Korea seizes second tanker suspected of delivering <b>oil</b> to N. Korea

The seizure follows that of the Lighthouse Winmore, another oil tanker which Seoul claims supplied fuel products to North Korea in October, in breach of UN Resolution 2375. While UN measures limit the amount of refined and crude oil member states can send to the DPRK, the September resolution ...

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