Tag Archives: Europe

The European transactions channel for Iran will be called INSTEX (Instrument in Support of Trade Exchanges).

The discovery in Glengorm follows Total Energy’s success at the Glendronach field in the North Sea.

The Kremlin has warned against negative repercussions should third countries intervene in Venezuela’s affairs.

All the EU countries are hoping that SPV would be in place soon.

Russia has been a long-standing ally of Venezuela and has acted as a lender of last resort for Caracas.

Iran says it will remain in the nuclear deal as long as its economic interests are guaranteed.

BP'.s investment will enable Belmont Technology to expand its workforce.

China is among the countries that were granted a waiver from sanctions on Iranian oil imports.

One major stated purpose of these terms is to make the Ukrainian gas transit system commercially attractive for major European companies.

The rise in prices thanks to output cuts has brought roughly an additional $110 billion in revenues to Russia.