Oil and natural gas exploration plunged to an all-time low as the economic and industrial dislocations from the Covid-19 pandemic snuffed out the remnants of the American shale boom.

West Texas Intermediate has been gaining since its history-making crash in the U.S. last month, trading at around $25. Brent crude has been practically soaring, touching $30 in London.

Head of Communication, Information and Public Relations Dept. of the Vice-Presidency for Science and Technology Parviz Karami said on Mon. that Islamic Republic of Iran will export COVID-19 serology kits to neighboring Turkey next week.

Rejecting the US claims on the nuclear deal with Iran, Russia's Permanent Representative to the United Nations Mikhail Ulyanov said that many countries are of a different view.

Islamic Republic of Iran extracted more than 64.2 million of iron ore in the past Iranian calendar year [from March 21, 2019 to March 20, 2020].

Islamic Republic of Iran and Nakhichevan Autonomous Republic explored avenues for boosting and enhancing trade cooperation via a video conference meeting.

Iran’s petroleum industry went through a tough and breathtaking period in the calendar year 1398 (ended March 19) as the United States tightened its sanctions on this sector.

The Director of Integrated Planning at the National Iranian Oil Company said the fate of all Iranian oil and gas joint fields had been determined except for one small field.

As a result of an unprecedented drop in global prices and demand, the global pipeline industry is looking at extended delays and stalls.

The boost of funding available for solar rebates aims to lessen the impact of the pandemic upon the solar market and encourage more consumers to go ahead with installations.