LONDON/MOSCOW Royal Dutch Shell pulled out of a project to build a Russian liquefied natural gas plant partly because Gazprom suddenly added another partner with links to an ally of President Vladimir Putin, according to five sources.
LONDON One of the world's biggest traders, Trafigura, booked a $254 million (£195 million) loss from oil and gas market hedges last year, highlighting the challenges traders face when taking large loans to protect against price swings in illiquid commodities.
MOSCOW/LONDON One of the key Russian officials to foster a supply pact with OPEC, Kirill Dmitriev, signalled on Monday that Russia wanted to raise oil output when it meets with OPEC in June because of improving market conditions and falling stockpiles.
DOHA/LONDON Qatar filed lawsuits on Monday against three banks, accusing them of causing billions of dollars of damage to its economy by what it called overseas currency manipulation in the wake of an Arab boycott against Qatar in 2017.
DOHA/LONDON, April 8 Qatar said on Monday it had
filed lawsuits against three banks, accusing them of using what
it called overseas currency manipulation to sabotage its economy
in the wake of an Arab boycott against the country in 2017.
LONDON/DUBAI, April 5 Saudi Arabia is
threatening to sell its oil in currencies other than the dollar
if Washington passes a bill exposing OPEC members to U.S.
antitrust lawsuits, three sources familiar with Saudi energy
LONDON/DUBAI Saudi Arabia is threatening to sell its oil in currencies other than the dollar if Washington passes a bill exposing OPEC members to U.S. antitrust lawsuits, three sources familiar with Saudi energy policy said.
London/Dubai Im Streit über die Ölpreise zeigt Saudi-Arabien den USA die Zähne: Das Königreich droht damit, Geschäfte mit dem Rohstoff nicht mehr in Dollar abzuwickeln.
LONDON The United States has instructed oil trading houses and refiners around the world to further cut dealings with Venezuela or face sanctions themselves, even if the trades are not prohibited by published U.S. sanctions, three sources familiar with the matter said.