With great fanfare, Cuban media celebrated this week the arrival of the first flight of the spring 2025 season carrying ...

The National Iranian Oil Company (NIOC) was established in 1948 and is owned by the government of Iran. It is a member of OPEC. Headquartered in Tehran, Iran, NIOC was first called the Anglo Persian ...

Trump’s new “secondary tariffs” policy targets buyers of Venezuelan oil, aiming to prioritize U.S. access while pressuring ...

Cuba has, for the first time in recent history, authorized the use of land to a foreign company, hoping to yield better rice ...

Russia’s central bank has warned the Kremlin’s policy makers the United States and OPEC have the capacity to flood the oil market and cause a repeat of the prolonged price collapse of the 1980s – ...

Domestic heavy crude oil production fell to 40,000 barrels per day in 2024 and only covers a third of the national needs.

Crude oil prices jumped following US President Donald Trump’s announcement that he would impose 25% tariffs on Venezuela’s ...

President Donald Trump on Monday issued an order allowing a 25 percent tariff to be imposed on any nation purchasing oil and ...

President Donald Trump on Monday threatened a 25 percent tariff on any nation purchasing oil and gas from Venezuela.

The Russian central bank warned Kremlin policymakers that the United States and OPEC could flood the oil markets and cause a ...

Russia's central bank has warned the Kremlin's policy makers the United States and OPEC have the capacity to flood the oil ...

Cuba is making progress on a China-backed plan to install more than 50 solar parks this year capable of churning out more ...