The Venezuelan economy has been in recession for four years. where food shortages. the lack of U.S. dollars and the depreciation of its own currency. has sent inflation soaring.
Read More »Venezuelan Oil Output Heads to 29-Year Low
PDVSA made an overdue $1.1 billion bond principal payment this week.
Read More »European Union Determined to Preserve Nuclear Pact
Mogherini had voiced her readiness to help lawmakers ".find solutions that are compatible". with US compliance under the agreement.
Read More »Paradise Papers Reveal U.S. Selling Russian LNG in Europe
Gazprom is showing no concern whatsoever about potential challengers of its market share in Europe.
Read More »Siemens Delivers Second F-Class Turbine for Iran Power Plant
The Iranian Energy Ministry is planning to build further gas-fired power plants in various locations across the country.
Read More »Total Officially Set in Motion to Start Iran Project
Total would be the first major Western enterprise to invest in Iran’s energy sector after the removal of sanctions against the country in 2016.
Read More »Gazprom Signs Deal to Make Iran LNG Player
Gazprom is already a major player in the global natural gas liquefaction market.
Read More »Putin’s Masterstroke of Energy Diplomacy
Russia intends to build a trans-Azeri pipeline to Iran. which will not only strengthen bilateral Russian-Iranian relations and their trilateral expansion with Azerbaijan.
Read More »Trump’s Approach Undermines Viability of Diplomacy
Trump'.s bellicose approach has blighted the prospects of engagement with Iranians to settle the issues of contention other than the nuclear matter.
Read More »Iran Willing to Settle Turkmenistan Gas Row Out of Court
Iran'.s gas production capacity has reached 885 million cubic meters per day.
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