Tag Archives: Sanctions

Energy companies including BP. Total. Statoil and Eni are present in Russia.

It is predicted that the US President Donald Trump will confirm the suspension of sanctions on Iran in May 2018.

Oil prices in January topped $71 per barrel but fell to $66 on Wednesday.

Gazprom Neft currently produces 150 tonnes per day from the formation.

Production from at least one Libyan oil field has also been disrupted by a dispute over security guards’ pay.

The IPO is the centerpiece of the kingdom’s plan to wean its economy off oil.

Venezuela'.s economy has been reeling under pressure of the US sanctions. falling oil revenue and the plunging value of its currency. the bolivar.

If the stage is set. German companies will make a comeback to Iran for investment.

Venezuela has allocated five billion barrels of oil to back its cryptocurrency.

The freight discount offered by Iran will translate to a discount of up to $1 a barrel. one of the sources told Reuters.