Parvin Faghfouri Azar

China’s First Intelligent Factory for Marine Oil & Gas Extraction Equipment Put into Operation

China National Offshore Oil Corporation (CNOOC) announced its first intelligent factory to produce marine gas and oil extraction equipment has been put into operation, Xinhua News Agency reported on Sunday, marking a breakthrough in the manufacturing digitalization of the field. China’s first factory for marine gas and oil extraction equipment …

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Iran’s Non-Oil Exports Up 40% in Q1

The Head of Trade Promotion Organization of Iran (TPOI) said that country’s non-oil export has increased 40 percent in the first three months of the current Iranian calendar year in 1401 (from March 21 to June 22). Alireza Payman-Pak put the country’s balance of trade at $600 million, showing that …

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Qatar Demands EU Sign Long-Term LNG Deals

Qatar plans to insist on terms that will lock Europe Union countries in for two decades of liquefied natural gas purchases, a move that will complicate the bloc’s goal to cut emissions while also reducing its dependence on Russian fuel. The Persian Gulf state, one of the world’s top LNG …

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