April 2023

Trump on Monday said he believed China was sincere about wanting to reach a deal, while Chinese Vice Premier Liu He said China was willing to resolve the dispute through “calm” negotiations, settling global markets. “While ‘de-escalation’ and the expectation...

Shares in Providence Resources fell more than 5pc yesterday after the group once again extended the deadline to receive funds from its Chinese backer, APEC.This is the 10th time since June that the loan to finance exploration of the group’s...

“China should not have put new Tariffs on 75 BILLION DOLLARS of United States product (politically motivated!). Starting on October 1st, the 250 BILLION DOLLARS of goods and products from China, currently being taxed at 25%, will be taxed at...

Saudi Aramco’s biggest asset could also be a liability. Its vast oil reserves — the state-owned Aramco producer can sustain current production levels for the next 50 years — make it more exposed than any other company to a rising...

Though UK fuel export tariffs are set to rise to 4.7%, import tariffs will be set at 0%. Oil refineries are warning this would put them at a competitive disadvantage. A confidential government document leaked over the weekend set out...

Two Irish exploration companies are at the centre of significant oil finds in South America and Africa. Shares in Irish-founded Tullow Oil surged by as much as 20% in London, where it is most heavily traded, and by more than...

Applegreen, Ireland’s largest independent motorway service station group, has expanded its US footprint after acquiring a chain of filling stations in South Carolina.The company has agreed to buy a chain of 34 filling stations around Columbia, South Carolina, at a...

The Federation of Petroleum Suppliers was created in 1979, rising from the ashes of The National Oil Distributor Association (NODA) and has served the interest of its members since then. From August 1, 2019, The “Federation of Petroleum” Suppliers (FPS)...