Tag Archives: Economy

OPEC and its ally Russia have cut their output since January 2017 to help reduce excessive global stockpiles.

The Nord Stream-2 project involves the construction of two lines with a total capacity of 55 billion cubic meters of gas per year.

Mogherini stressed that the sides should jointly work on the lifting of sanctions as an integral part of the historic nuclear deal.

ADNOC Drilling deal with Baker Hughes would allow the US firm to expand in the Middle East.

Iranian energy officials are seeking foreign investment to build new power plants and increase the efficiency of existing ones.

Currently. analysts believe the sanctions could take between 200.000 and up to a million bpd of Iranian crude off global markets.

U.S. exit from Iran deal puts pressure on European planemakers.

Moscow is not against keeping a certain amount of transit through Ukraine.

Pressured by the dollar’s broad strength. the Aussie has slid despite an upbeat budget from the country’s government.

The U.S. move threatens Iran with lower export income and less access to hard currency.