Trade and commerce with Iran is part and parcel of INSTEX.
Read More »Rosneft will Invest in Iraq’s Kurdistan amid Crisis
The total recoverable oil reserves at five blocks may amount to 670 million barrels.
Read More »BP Bows to be Consistent with the Paris Climate Agreement
The additional reporting specified in the resolution will build on BP’s history of progressive action in this area.
Read More »Russia Needs Legal Guarantees from EU to Start Work on Turkish Stream
The pipeline’s offshore section is expected to equal about 910 km.
Read More »Iran Ready for Constructive Engagement with Europe
EU foreign policy chief Federica Mogherini has also welcomed the INSTEX.
Read More »EU will Try for Iran Taking Advantage of JCPOA Benefits
O'.Sullivan urges the US to respect the fact that Europe is still among signatories of the JCPOA.
Read More »Gazprom Plans to Construct Small Scale LNG Plant on Sakhalin Island.
The facility would have a capacity of 100 000 tpy of LNG.
Read More »Germany. France. UK to Set Up EU Channel for Transactions with Iran
The European transactions channel for Iran will be called INSTEX (Instrument in Support of Trade Exchanges).
Read More »Total`s New Discovery in UK North Sea
The discovery in Glengorm follows Total Energy’s success at the Glendronach field in the North Sea.
Read More »Kremlin Criticize US Sanctions against PDVSA
The Kremlin has warned against negative repercussions should third countries intervene in Venezuela’s affairs.
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