Parvin Faghfouri Azar

Air Traffic Chaos Exposes Crisis in the Skies

“Looks like I picked the wrong week to give up drinking”, says Lloyd Bridges’ wizened air traffic controller Steve McCroskey in the 1980 disaster satire Airplane. You’d imagine National Air Traffic Services (NATS) chief exec Martin Rolfe is probably in need of a stiff drink after this week’s air travel …

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Iran’s Oil Output Capacity Increases 40% in 2 Years

Iran’s oil minister said Iran’s oil production capacity has increased 40 percent with the rise in investment in semi-finished oil projects. Since the beginning of the administration of President Ebrahim Raisi (August 2021), increasing investment opportunities in the oil industry’s projects has been prioritized as one of the key factors …

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OPEC’s Crude Oil Production Rose Slightly in August

Crude oil production from the OPEC alliance actually climbed in August by 40,000 bpd, according to a new survey published by Bloomberg on Friday. Saudi Arabia’s output may have fallen in August by 170,000 bpd, according to the survey, but Nigeria and Iran’s production increased, largely offsetting Saudi Arabia’s cuts. …

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