20 JAN – U.S. blacklists oil traders, tankers for undermining Venezuela sanctions

  The United States on Tuesday sanctioned a network of oil trading firms, individuals and vessels that have helped Venezuelan state-run oil company PDVSA sell crude mainly to Asia despite Washington’s sanctions on the South American nation. The measure targets a network that the U.S. Treasury Department says helped the administration of President Nicolas Maduro,…

20 JAN – Kurdistan oil production ‘justified,’ in compliance with OPEC decision: KRG

  ERBIL – The Kurdistan Regional Government’s (KRG) Ministry of Natural Resources on Monday responded to the recent statements Iraq’s oil minister made about the Kurdistan Region’s oil.   In a recent interview with Iraq’s Sharqiya TV, Iraqi Oil Minister Ihsan Abdul-Jabbar made comments about “a number of issues related to the Kurdistan Region’s oil,”…