Self-reliance in the manufacturing of auto parts would reach 90 percent through domestic production of required raw materials.

The US president’s threat of destroying Iran’s cultural and civilizational centres is a clear example of international cultural terrorism.

Libya’s Central Bank Governor Sadiq Al-Kabir called on the international community to help end a week-long shutdown of oil ports by eastern military commander Khalifa Haftar. likening the closures to a bullet in the head.

Reducing methane leaks to the atmosphere is the single most important and cost-effective way for the industry to reduce these emissions.

The launch of Soyuz 2.1a rocket with Meridian-M military satellite from Plesetsk. northern Russia. was cancelled over a malfunction of the booster’s electrical equipment. two sources in the Russian rocket and space sector said.

Petrobras has a lot of oil and lot of areas to exploit. but it doesn’t have enough funds to prospect all these areas.

EnCap Investments LP plans to use a $6 billion war chest to drill oil and natural gas wells. now that dwindling investor interest has made it tougher for private equity players to offload shale assets.

Iran’s crude steel production increased by 30 percent in 2019 while the average global growth in this sector stood at 3.5 percent.

Liquefied natural gas prices are poised to test record lows this year thanks to an onslaught of new supply and warmer winter temperatures curbing consumption.

The U.S. sanctioned four companies that it says have traded hundreds of millions of dollars worth of Iranian petroleum and petrochemicals.