The deal announced Friday comes with US crude prices up 40% this year and vaults Chevron into a new league.
The United States is expected to announce on Monday that all buyers of Iranian oil will have to end their imports shortly or face sanctions, a source familiar with the situation told
Japan expects a limited impact from the US decision not to renew waivers previously granted on Iran oil import sanctions, the country’s trade and industry minister said on Tuesday.
President Donald Trump may count Indian Prime Minister Narendra Modi among his international allies, but New Delhi is smarting over unexpected US decisions it sees as ignoring the interests of an increasingly close partner.
Construction delays and cost blowouts could hit the next wave of liquefied natural gas (LNG) projects as there are a limited number of contractors able to handle the huge projects, three developers said.
Nissan Motor on Tuesday threw cold water on hopes for a quick fix to strained relations with France’s Renault, saying inequality between the partners could unravel their two-decade-old automaking alliance.
French business consultancy firm Capgemini agreed to buy engineering and digital services company Altran for 3.6 billion euros ($4.10 billion) to tap into the fast-growing engineering outsourcing services market.