Social and Events

Russia is planning to increase its involvement in developing energy projects in Africa. during the tenth BRICS Summit in Johannesburg.

Iran is currently the world’s 11th biggest producer of steel.

The contract for the production of 6.000 railcars says that the Russian side should provide the financial aspect of the project.

Talks between Iraq and Saudi Arabia have led to ``positive results`` in collaborating in the fields of fuel and energy.

An estimated 4.8 million barrels per day of crude oil and refined products flowed through the Strait in 2016 towards Europe.

This week. Iran announced that it had developed its first national encrypted key. based on blockchain technology.

Iran imported $15.179 billion of non-oil products in the mentioned time span. with 4.05 percent fall from the figure of last year.

The study is based on date only up to October 2014.

The rise in the price of crude is obviously very good news for oil companies.

Maduro says this is a way of boosting country'.s international reserves.