The energy firm will provide healthcare staff with €50m gasoline vouchers.
Read More »Mitsubishi to Design Satellite to Study Climate Change from Space
The project will contribute to the scientific study of greenhouse gases and water-cycle, to track climate change and help prevent natural disasters.
Read More »Zero-Emission Vehicles to Benefit from Changes to Company Car Tax
From today, drivers of clean cars will be eligible to pay no benefit-in-kind tax, in contrast to the current 16%.
Read More »Iran, Russia Discuss Pandemic Situation in Syria
Iranian Foreign Minister's Senior Assistant for Special Political Affairs Ali Asghar Khaji and Russian Deputy Foreign Minister Sergei Vershinin conferred on the latest developments in Syria, including the battle against the coronavirus pandemic.
Read More »CBI Chief Urges IMF’s Immediate Response to Iran’s Request
Governor of Central Bank of Iran (CBI) Abdolnaser Hemmati urged the International Monetary Fund (IMF) for a quick response following Iran’s request for a loan to help fight the COVID-19 pandemic.
Read More »OPEC vs. Non-OPEC
The oil price slump following failure of OPEC+ talks in March is the biggest blow to the oil market since the third oil shock; a new scenario is emerging for the oil market.
Read More »OPEC+ Videoconference Meeting Begins
A crunch videoconference meeting between the Organization of the Petroleum Exporting Countries (OPEC) and Russia started on Thursday evening.
Read More »OPEC+ Hammering Out Historic Cut Deal
Iranian Minister of Petroleum Bijan Zangeneh said the Organization of the Petroleum Exporting Countries (OPEC) and its non-OPEC allies, especially Russia, were finalizing an agreement to cut production by at least 10 million barrels per day.
Read More »OPEC+ Clinch 10mbd Output Cut Deal
Iranian Minister of Petroleum Bijan Zangeneh said the coalition of oil producers at the Organization of the Petroleum Exporting Countries (OPEC) and their non-OPEC allies had agreed to curtail the group’s output by 10 mbd.
Read More »China Sees Power Demand Dip Lower than in 2008 Recession
The first two months of the year saw a 7.8% decline in power demand as a result of industrial and commercial stagnation.
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