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Tag Archives: OPEC

Enron legacy returns in battle over $80 million yacht

White yacht. Marina

BLOOMBERG, JULY 4, 2020 Enron Nigeria says it’s owed money over suspended power deal | Company wants $22 million from sale of seized Galactica Star Almost two decades after the collapse of Enron Corp., a former unit of the energy-trading giant is sparring with US and Nigerian authorities over the proceeds of the sale of a luxury yacht. The dispute …

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Saudis Escalate Oil Price War With Huge Output Hike, Russia Follows

Russian Premier Vladimir Putin shakes Saudi Prince MBS hand

BLOOMBERG, March 10, 2020 🛢Riyadh prepares to flood the market with record crude supply 🛢Russia responds with signal that it can boost output to new high too By Matthew Martin, Javier Blas, and Grant Smith for BLOOMBERG Saudi Arabia escalated its oil price war with Russia on Tuesday, as its state-owned company pledged to supply a record 12.3 million barrels a day next …

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