Tag: solution
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The Safer reservoir crisis off the coast of Yemen is approaching a solution under the auspices of the United Nations
The Safer tanker crisis off the coast of Yemen is approaching writing the end chapter, in conjunction with the conclusion of the United Nations agreement to purchase a giant oil tanker for use in storing oil. The rickety reservoir, which has been stranded since 2015 and is moored off the port of Ras Isa on…
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Mexico’s Pemex offers a new solution to pay off $10 billion in debt
The Mexican oil company Pemex is seeking solutions to pay off its $105 billion financial debt, in an attempt to take advantage of high oil prices to make profits, after the government withdrew its support. The company is looking for funds to make approximately $10 billion in bond payments in the current year (2023), an…
