Super Oil Tanker (Credit: Wikipedia Commons) By Gary Raynaldo DIPLOMATIC TIMES The U.S. Biden administration has sanctioned an international network of individuals and entities utilizing a web of Gulf-based front companies to facilitate delivery and sale of hundreds of millions of dollars’ worth
Eni S.p.A. is an Italian multinational oil and gas company headquartered in Rome with operations in 66 countries with a market capitalization of US$36.08 billion, as of 31 December 2020. (companieshistory.com) By Gary Raynaldo DIPLOMTACTIC TIMES Italian multinational energy company ENI announced this week
Credit: scmwiki2012.wordpress.com/ The United States seized a multimillion-dollar Iranian fuel shipment in August bound for Venezuela, the largest-ever seizure of its kind. By Gary Raynaldo DIPLOMATIC TIMES The United States Thursday announced the filing of a complaint to seek the forfeiture of two shipments of
Credit: Wikipedia / Angola, one of the largest producers of crude in Africa, is facing economic hardship amid slump in oil prices and the COVID-19 pandemic By Gary Raynaldo DIPLOMATIC TIMES The International Monetary Fund (IMF) Wednesday approved a disbursement of US$1 Billion to
Credit: Wikipedia / China remains the world’s only major importer of Iranian oil despite US sanctions. By Gary Raynaldo DIPLOMATIC TIMES The U.S. on Thursday imposed sanctions on five entities for allegedly facilitating Iran’s exports of petrochemicals to support terrorist groups in the Middle
Credit: U.S. Department Of Justice / Three websites were used by Iranian front companies to facilitate fuel shipments to Venezuela, -DOJ. By Gary Raynaldo DIPLOMATIC TIMES The U.S . Justice Department Friday announced the seizure of three websites used by three Iranian front companies
Credit: Wikipedia / China remains the world’s only major importer of Iranian oil despite US sanctions. By Gary Raynaldo DIPLOMATIC TIMES The US Department Of Justice charged four people in Texas and New York for conspiracy to sell sanctioned Iranian petroleum to a refinery
Jose Filomeno dos Santos led oil-rich Angola’s sovereign wealth fund during his father’s rule. By Gary Raynaldo DIPLOMATIC TIMES Angola’s Supreme Court handed a five-year jail sentence to Jose Filomeno dos Santos, the son of the oil-rich country’s former president, for embezzlement of public
Credit: Wikipedia Commons / Mohammad Javad Zarif, Foreign Minister of the Republic of Iran By Gary Raynaldo DIPLOMATIC TIMES Iran disputes it owned a multimillion-dollar fuel shipment bound for Venezuela that U.S. Federal agents seized last Friday. The U.S. said it was the
Credit: U.S. Department of Justice / Foreign-flagged oil tanker The M/T Bella with international maritime organization (IMO) number 9208124 carrying Iranian cargo bound for Venezuela. By Gary Raynaldo DIPLOMATIC TIMES The United States Justice Department announced Friday that federal agents seized a multimillion-dollar Iranian fuel