The sanctions block all payments to PDVSA accounts.
Read More »IEA Launches World Energy Outlook in China
The IEA will launch its latest work on China’s Power System Reform in Beijing on 25 February.
Read More »Saudi Aramco will Invest in China`s Petrochemical Complexes during Bin Salman Visit
The investments could help Saudi Arabia regain its place as the top oil exporter to China.
Read More »Turkey will Invest $23 Million for TurkStream in 2019
The project has a total capacity of 31.5 billion cubic meters.
Read More »US Increases Pressure on Maduro via Sanctions
The steps are part of a wider effort by the United States to undermine Mr Maduro.
Read More »US Warns India Purchase of Venezuelan Oil
Trump gave India a temporary exemption from the embargo. which carried economic penalties for violations.
Read More »Saudi Arabia Needs Oil at $80-$85 a Barrel to Balance Budget
Riyadh projects that its budget deficit will decrease this year to 131 billion riyals.
Read More »Iran to Launch 4 South Pars Phases by March 20
Iran is currently exporting gas to Iraq. Armenia. and Turkey.
Read More »PDVSA to Redirect Exports to Customers in Europe and Asia
Currently. Washington'.s sanctions apply only to US entities.
Read More »Venezuelan Oil Exports Disrupts Heavily due to US Sanctions
PDVSA and Maduro’s government could have a much harder time finding destinations for Venezuelan oil than first thought.
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