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Venezuela Oil Flag

Venezuela facing falling oil output and rising debts

This post gives an overview of the current problems in the Venezuelan oil market hit by rising debts and plunging oil revenues. What is needed is a significant rise in both the price of oil and the volume of exports; but neither looks likely at present and both add to the country's already substantial economic woes.

Transmission networks in the UK, France and Germany

European networks are facing two potentially conflicting forces; the economic downturn has seen a retraction in network investment, heightened by the strong underlying prices for raw materials and a more volatile, disparate and diversifying generation mix