Venezuela's state-run oil company PDVSA has started contacting customers with crude supply contracts amid the temporary lifting of U.S. sanctions, two.
Storage facilites are filling up, refineries are cutting output and crude-oil wells are throttling back production a blow for the country’s economy as Moscow wages war on Ukraine
this is bbc news with the latest business headlines for viewers in the uk and around the world. president biden chooses continuity and nominates jerome powell to remain as head of the us central bank. one of the pandemic winners, zoom, announces a 35% jump in revenues. however it shares fall after the earnings update as investors fear the competition has caught up. and turning on the taps japan, india and the us look to use their crude reserves to drive down oil prices.
oil corporation he guinness crude reserves are located beneath lake albert in the northwest of the country a nearly 1500 kilometer pipeline would transport the oil to tanzania as port tonga on the indian ocean from where it would be exploited but wrangling between the government and oil companies is not the only thing holding back the project residents and environmental activists oppose the pipeline they say it will destroy the livelihoods of many people and animal habitats in the region as well as polluted water resources. chilliest is in can t pilot for us julia so where is the project actually yet as we speak now we could comfortably say that the project is in the boardroom i m not necessarily one boardroom putting all play as in one room it is the boardroom all the different
considering calling off the exploration so salvage work can start. face-off in the debates in south carolinament they talked about jobs, tax returns, health care and who s best qualified to take on president barack obama in november. newt gingrich lashed out at the media when asked to comment on his ex-wife s claims about their marriage. six nato troops are dead. their nationalities haven t been released. nato says there was no hostile activity in the area when the chopper went down. but the taliban are claiming responsibility. those are the headlines from cnn. i m zain verjee, world business today starts now. hello. and a very happy friday too you. welcome to world business today. activists strike back after celebrity-ebb endorse web site megaup load to shut down over privacy claims. google pulls back on the stock market. and why the captain of a wrecked cruise liner was ordering dinner and desert when he should have been evacuating the ship. all of that and more to