New report shows that neighboring countries are increasing their purchase of Iran’s petrochemical products through a local energy exchange where more than $200 million sales have been recorded just in last week.

Germany’s engineering giant Siemens is backing Iran in plans to launch power plants relying on modern gas turbines that would add some 5 gigawatts (GW) to the country’s electricity generation capacity.

According to Iran’s Ports and Maritime Organization. India’s Ports Global Limited has officially taken over the operations at phase 1 of the new Port in the Southeastern port city of Chabahar.

It has bought the Svindbaek onshore wind farm. which boasts 22.4MW of installed capacity.

They will be installed at BMW production plants. development centres and office locations. with half of the chargers available for use to the public.

Moldova faces the risk of disrupted supply if Russia and Ukraine fail to extend a gas transit agreement that expires on 31st December 2019.

The contract with Akuo Energy includes the installation and commissioning of the wind turbines as well as a 15-year service agreement.

Northvolt aims to use 50% recycled materials in all its new battery cells by 2030.

Gachsaran Oil and Gas Production Company (GOGPC) has signed 54 deals with local manufacturers for production of oil industry items and parts.

The United States was a net oil exporter for the first time in decades in September.