Shell has launched a strategic review of its businesses in Britain, the Netherlands and Germany over the next few months to determine its best course of action.
Chevron's supply contract is among a few that have not been suspended after last week's PDVSA-ordered freeze on most contracts until a general audit is done.
The deal involved the renewal of an existing agreement originally struck in 2008, according to Libya's National Oil Corp. head Farhat Bengdara.
The U.S. license, issued at the Trinidad government's request, means the Caribbean island nation will be allowed to resume doing business with Venezuelan heavily sanctioned state-run oil company PDVSA, related to the Dragon gas field.
The center-left Brazilian Socialist Party (PSB) may not have much sway in choosing future Petrobras appointees, according to an anonymous source.
If reappointed, Claudio Descalzi would be the longest running CEO in Eni's history since its foundation in 1953.
Pakistan's Petroleum Minister Musadik Malik said that Islamabad wants to import 35% of its total crude oil requirement from Russia.
U.S. Treasury Secretary Yellen says Russia's war in Ukraine is harming Africa's economy and presses for 'timely' debt relief for African countries.
The OPEC Fund for International Development will set aside money for food security, healthcare, infrastructure, education, employment and renewable energy projects.
Andriy Kobolyev, who served as chairman and CEO of Ukraine's Naftogaz from 2014 to 2021, has been accused of illegally awarding himself a bonus "for extraordinary achievements" in 2018.