Governor of Central Bank of Iran [CBI] Abdolnaser Hemmati said that Iran’s non-oil export is booming as the coronavirus global pandemic is fading away.

The director of production control at the National Petrochemical Company said: From the beginning of this [calendar] year (March 20) to May 10, the country’s petrochemical complexes achieved a 6% increase in production compared to the same period last year. According to NPC, Seyed Jalal Mir Hashemi, referring to the …

On 20 April 2020, West Texas Intermediate (WTI) futures experienced unprecedented developments. WTI contract prices for delivery in May dropped to below zero.

The Doroud oil field, which is located in Kharg Island and northwest of the Persian Gulf, is among developed oil fields which the Iranian Offshore Oil Company (IOOC) presented to foreign investors within the framework of the new model of oil contracts – the Iran Petroleum Contract (IPC).

The novel coronavirus drastically changed the consumption patterns of hydrocarbon products across the globe.

Fajr Jam Gas Refining Company has officially opened a solar power plant in its facility.

Under the project, three new wind facilities could generate savings of $2 billion in the course of their lifetime.

The new multi-million-pound facility will be the onshore base for the Dogger Bank wind farm, which is expected to provide renewable electricity for more than 4.5 million UK homes when it is fully operational.

The Global Wind Energy Council and MEC Intelligence say the Indian wind industry will fall short of its target by as much as 10GW.

The research project will explore the potential of co-locating wave power technology with floating wind turbines.