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About 64% of Venezuelans report having lost an average of 24 pounds in 2017.
Read More »Venezuela Agrees to Pay $2B to ConocoPhillips Over Five Years
Iran. Armenia to Finalize Electricity Transfer Project
The two sides underlined the resolve of both sides to pursue the agreements reached during a joint commission meeting.
Read More »US Ready to Slap Sanctions on China over Iran Oil Imports
China imports more than one-quarter of Iran’s oil.
Read More »PDVSA will Start Using ‘El Petro’ Next Week
The cryptocurrency was launched in February this year despite opposition from parliament.
Read More »Iran to Export Electricity to Russia via Azerbaijan Armenia
The cut in electricity export to some neighbors this summer was due to the peak demand period.
Read More »Turkish Households Consumed Cheapest Natural Gas in Europe in 2017
While EU has taken major steps to liberalize its energy market since the 1990s. Turkey has also initiated the liberalization of its energy sector.
Read More »Exxon Is Close To Discover A Mega Oil Reserves
Pakistan currently meets just 15 percent of its petroleum demand with domestic crude oil production.
Read More »OPEC Production Rise as Saudi Arabia Pumps more Oil
The Saudi policy appears to be helping cool prices in the way sought by President Trump.
Read More »China Refuse U.S. Ask to Cut Iran Oil Imports
The oil market has been speculating about how much of Iran’s exports could be eroded by the U.S. sanctions.
Read More »High Oil and Gas Prices Sends U.S. GDP Soaring
Not only is U.S. shale production growing. but the shale industry as a whole is expected to become profitable this year for the first time in history.
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