On February 4. most European Union member-states recognized Guaido as Venezuela’s interim president.
Read More »Japan will Enhance its Energy Cooperation With Russia
Japan relies heavily on imports from the Middle East.
Read More »Foreign Minister Condemns US for Destroying Region
US hostility has led it to support dictators. butchers &. extremists. who'.ve only brought ruin to our region.
Read More »Venezuela Oil Production Likely to Fall 300.000 b d by End-February
Venezuela'.s total crude output will fall to below 800.000 b d by the end of February.
Read More »OPEC`s Oil Exports to U.S. Fell to Five-Year Low in January
Crude shipments to the U.S. from OPEC and its partners fell to 1.41 MMbpd in January.
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 »Trade with Iran Part of SPV Payment Mechanism
Trade and commerce with Iran is part and parcel of INSTEX.
Read More »U.S. Oil Prices Rise due to Tighter Supply
Russia has been in full compliance with its pledge to gradually cut its oil production.
Read More »Europe Not Buying Iran Oil despite Waivers
The US had embarked on a unilateral war against Iran’s petroleum industry.
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