Tag: Oil

Although the use of renewable energy in making electricity has been steadily increasing in recent years, oil remains the most crucial energy source globally, especially for transportation and heating.
According to a Reuters investigation, Venezuela's secret weapon might be a "dark fleet" of oil tankers. The country's national oil company, PDVSA, had reportedly leased 41 tankers in 2022.
The History of Oil One of the most important relationships was influenced the most by these 10 influential figures.
In a recent interview with the Associated Press, Treasury Deputy Secretary Wally Adeyemo acknowledged that India will continue rejecting US and EU calls to boycott Russian oil due to the allure of cheap oil.
With oil and energy becoming a major source of worry for billions of people as 2022 drags on, India has positioned itself in quite a nice situation. This is predicated on the fact that Russia has become India's second largest oil supplier.
The dynamic between the US and Saudi Arabia seems to be dramatically changing. The petrodollar is showing cracks in what seemed to be an impregnable fortress as Saudi Arabia is now considering accepting the Yuan for Chinese oil sales instead of the dollar.
Employees at Royal Dutch Shell’s Nigerian joint venture orchestrated damage to oil pipelines to profit from the money spent on clean-up operations, investigation by Dutch investigative TV programme Zembla has revealed. Employees of Shell in Nigeria ordered the vandalization of...
A secret oil deal between China and Iran at the heart of the One belt One Road project will change the geopolitical balance of power in the Middle East. The manufacturing products created by utilizing cheap Iranian resources will...
In a big blow to the Aatmanirbhar Bharat Abhiyan, India is planning to store its Oil in US Reserves. Although the move will create further energy-dependency for India in the event of supply-chain disruption or price-spikes, the policy is...
Who are the Kurds? Why should the overthrow of the Syrian government be their objective? Are they on a quest for Kurdistan or are they just pawns in the game of geopolitical players? What are the implications of the...