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Venezuela banks $300M from first U.S. brokered oil sale
January 21st, 2026 - 10:03 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Venezuela banks $300M from first U.S. brokered oil sale

ALBAWABA- Venezuela has received $300 million in oil revenue from a U.S. facilitated crude sale, interim president Delcy Rodríguez announced on Tuesday, marking the first funds to flow under an oil agreement arranged after the kidnapping of President Nicolás Maduro earlier this month. Rodríguez said the funds, part of an expected $500 million in proceeds from U.S. sales of Venezuelan crude, will be channeled into the foreign exchange market through national ...
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work has started on 55 projects that will provide a total of 100,000 residential units.
September 15th, 2019 - 12:30 GMT

Saudi Arabia Starts Working on $633 Million Residential Development

The jobs are expected to be filled by skilled and talented Omanis who will also help the Sultanate meet its Omanisation plans
September 15th, 2019 - 12:00 GMT

21,000 Jobs to Be Created in Oman Over 5 Years

Russia claims there could be as much as $35 trillion worth of untapped oil and natural gas in its Arctic region.
September 15th, 2019 - 11:30 GMT

World’s First Floating Nuclear Plant Arrives to Russia

In addition Iran wants investment in its oil sector, to the tune of hundreds of billions.
September 15th, 2019 - 11:00 GMT

Iran Demands for Waivers to Export Oil After Attacks on Saudi Arabia

Aramco’s industrial security teams have controlled the blazes and their spread in Aramco’s two facilities were limited
September 15th, 2019 - 10:00 GMT

Aramco Cuts Output by 5.7 Million bpd Due to Attack

The exemption is applicable for tourists travelling to the country from July 15 to September 15 every year.
September 15th, 2019 - 09:30 GMT

UAE: Tourist Visa Fee Waiver for Children Younger Than 18 Ends Today

The package is meant as an incentive to keep Iran in the nuclear agreement in the face of US’ efforts to drive the country’s oil exports to zero.
September 15th, 2019 - 09:00 GMT

Iran: EU’s $15 Billion Credit Line Has Nothing to Do With Sanctions Relief

Under such circumstances, it is hoped that bilateral ties between Iran and Turkey will experience a significant rise
September 15th, 2019 - 08:30 GMT

Iran: Turkish Companies Interested in Investing in Iranian Market

As of year-end 2018, the company had proven (1P) reserves of approximately 667 million barrels (mmbbl) of oil
September 15th, 2019 - 08:00 GMT

Upstream Oil and Gas M&A Volume Soars to $130.5 Billion in Q2

Turkey's Export Master Plan revealed at the end of last month prioritized some Latin America countries.
September 15th, 2019 - 07:00 GMT

Turkey Eyes Exporting to Latin America

UAE has achieved the expected growth rate and continued to bring in more foreign direct investment.
September 15th, 2019 - 06:30 GMT

UAE Records 6 Percent Growth in New Business Licences

Travelers spent 78.4 million nights outside the kingdom in July and August
September 15th, 2019 - 06:20 GMT

Tourism Spending in Saudi Arabia Exceeds $9.6 Billion in Two Month

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