Amid sanctions on Russian and Venezuelan oil, U.S. suppliers are making significant inroads into markets once led by OPEC+. Western sanctions against Russia in 2022 propelled U.S. oil exports to record highs, with five new monthly records established. As restrictions on Venezuela loom, U.S. oil is increasingly replacing sanctioned supplies, particularly in India, a key […]
Related Posts
Guyana’s President Calls for Rapid Gas Resource Development
President Irfaan Ali of Guyana is pushing for the swift development of the nation’s gas resources. This effort is aimed at establishing Guyana as a leading power in regional energy, supplementing its booming oil exports. At the Guyana Energy Conference & Supply Chain Expo in Georgetown, Ali called on companies to propose methods for ramping […]
Pakistan Announces Comprehensive Privatization Plan for State Enterprises
Pakistan has unveiled an extensive privatization plan for state-owned enterprises (SOEs), expanding beyond loss-making entities. Prime Minister Shehbaz Sharif announced this strategy on Tuesday, emphasizing the need for economic stability and improved efficiency in state enterprises. This announcement followed a meeting led by Sharif on the privatization process, coinciding with the International Monetary Fund (IMF) […]