OPEC is to hold a meeting at the level of minister in Vienna. Austria. on March 5.
Read More »US Sanctions against Rosneft Subsidiary Constitute Act of Legal Arbitrariness
Rosneft began investing in Venezuela’s economy long before the US sanctions.
Read More »U.S. Sanctions Russian Producer Over Links to PDVSA
The U.S. sanctioned a unit of Russia’s largest oil producer Rosneft PJSC for maintaining ties with Venezuela’s Nicolas Maduro and state-run oil company PDVSA.
Read More »Russia Rejects US Sanctions against Rosneft Trading S.A
The U.S. special envoy for Venezuela Elliott Abrams said his government would soon apply more sanctions against Caracas.
Read More »Iran`s Foreign Trade Value Hits $79bn in 11 Months
The Ministry of Economy has taken effective steps to solve problems facing producers.
Read More »Iranian Carmakers Double Output in January
Iran’s Minister of Industries Reza Rahmani bragged about great booms in the manufacturing sector in his country. saying that average daily output of carmakers has doubled in January compared to the recent months.
Read More »Iran’s Defense Ministry to Build 83 Commercial Ships
The Iranian defense ministry will be paid $280 million by the Port and Maritime Organization of the country (PMO) to build 83 new large vessels. in a move to bypass the US sanctions against Tehran’s transportation infrastructures.
Read More »Iran. India Finalize Negotiations on Preferential Trade Tariffs
In a meeting between Indian envoy to Tehran and head of Iran Chamber of Commerce. the two sides finalized talks on ratification of preferential tariffs on specific equipment needed for implementation of Iranian Chabahar Port project.
Read More »Russia not to be Able to Complete Nord Stream 2 Construction on Its Own
The Nord Stream 2 project will connect Russia'.s Ust-Lug and Germany'.s Greifswald.
Read More »Gazprom to Get China on Board as a Major Energy Customer for Russia
Gas prices have plunged since 2014 when China and Russia agreed to the Power of Siberia gas pipeline project.
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