Saturday, December 5, 2020

Oil cut

Brazilian Petrobras plans to cut operating costs to $ 8.1 billion by 2023

The state-controlled Brazilian oil company Petrobras has announced plans to cut operating costs by $ 8.1 billion in the period from 2019 to 2023, the company said. Petrobras said it aims to economize on spending, mainly by cutting staff-related expenses...

OPEC compensates Iran’s oil loss, expects demand for crude to fall in 2019

OPEC said on Wednesday it had offset a drop in Iranian exports as US sanctions on Tehran resumed and lowered its demand for oil in 2019, highlighting the challenge it faces to prevent supply oversupply even after last week's...
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Kamala Harris: “Our administration will continue to put working people front and center.”

Kamala Harris, US Vice President-elect Joe Biden, promised to return attention to the American worker and put his requirements...
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Russian Ambassador: We still have time to extend the START treaty with America

Russian Ambassador to Washington Anatoly Antonov announced that there is still enough time to extend the new "START" treaty on reducing the nuclear arsenal...

Christmas in Italy: Movement between regions banned amid high COVID toll

Italy announced a ban on movement between local areas during the Christmas holidays; In order to contain the spread of the Coronavirus (Covid-19), the...

NATO: Early withdrawal could expose Afghanistan to terrorism

NATO said that an early withdrawal from Afghanistan could leave the country a haven for international terrorism. The Secretary-General of NATO, Jens Stoltenberg, announced that...

Trump’s European allies resisted sanctions on Iranian banks

A diplomatic correspondence showed that Germany, France, and Britain urged the administration of US President Donald Trump in late October to reconsider imposing new...