The successful sell-off by the NIORDC may have encouraged the NIOC to accelerate its plans for trade of oil cargoes at IRENEX.

The global value of fossil fuel consumption subsidies in 2018 was nearly double the combined value of subsidies for renewable energy and electric vehicles.

Despite the U.S. exit from the Iran deal. Tehran remained fully compliant with the international document for a year.

Russia has become a leading supplier of crude oil to China - it supplied 67 million tonnes in 2018. which is worth more than $35 billion.

China lowered the share of coal in its energy mix to 59% last year.

Qatar Petroleum is also planning to set its official selling prices at a differential to regional benchmark grades such as Dubai and Oman.

Nuclear generation totals 3435 TWh and 4409 TWh in 2030 and 2040. respectively. under this scenario.

The CEO of the National Petrochemical Company (NPC) said that the Iranian petrochemical industry had been planned to account for 6.2 percent of the global petrochemical output by 2025.

The reservoir adds 2.2b barrels to Iran’s oil recovery capacity by considering a 10 percent recovery rate in it.

Regardless of whether or not the Paris Agreement is legally binding. the US has committed to cut 26-28% of its greenhouse gas emissions by 2025.