November 9, 2018

Russian Bank VTB Funded Rosneft Stake Sale To Qatari Fund

Russian VTB, a state-owned bank, funded a significant portion of the Qatar Investment Authority’s acquisition of a stake in oil giant Rosneft, Reuters reports, quoting nine […]
September 27, 2018

Norway’s Central Bank Fears An Oil Price Spike

Rising oil prices have helped the finances and economies of the big oil-producing nations a lot. Western Europe’s largest oil and gas producer, Norway, is no […]
September 6, 2018

Iran Says Europe Looks To Open Bank Accounts To Deposit Iranian Oil Income

Europe is looking to open bank accounts in Europe for Iran to deposit oil revenues and secure Iranian oil exports, Iranian media quoted Deputy Foreign Minister […]
August 28, 2018

Norway’s Biggest Bank Sees More But Small-Scale Oil Industry Restructuring Ahead

The biggest financial services group in Norway and a major lender to the oil and gas sector, DNB, expects more restructuring in the industry ahead, but […]
July 26, 2018

Venezuela Boosts Reserves By Granting Central Bank Oil Bloc

Venezuela’s President Nicolas Maduro announced that the government has granted the country’s central bank a concession for an oil bloc in the prolific Orinoco Belt in […]
July 3, 2018

World Bank Backs Egypt To Become Regional Oil, Gas Trading Hub

The World Bank supports Egypt’s efforts to be a regional oil and gas trading hub, as several new gas projects started up recently in the Mediterranean […]