The National Iranian South Oil Company (NISOC) CEO said biological waste management could halve drilling costs in oil projects. expressing optimism that all the country’s drilling fleet would be equipped with such systems.

Saudi Arabia is seeking to develop new industries to wean its economy off oil.

Iran will use its best efforts to secure the region.

Shipping insurance has climbed following multiple rounds of seizures and tanker attacks earlier this year.

They are considering ways to make regulation more flexible so they can adapt to change more quickly.

Thrive Renewables and Bristol Energy will source 3.55MW of clean power from two onshore wind farms in Suffolk and Aberdeenshire.

The government is proposing to use the Regulated Asset Base (RAB) financing model. which would allow developers to charge customers in advance through their existing bills.

The firms. worth more than $1.7 trillion. have made the climate pledges through the Science Based Targets initiative.

The government has launched a consultation. which will run until 25th September 2019.

The two sides could reach an agreement on the value of a possible deal around June.