The Federal Network Agency of Germany refused Nord Stream 2 AG in withdrawing the Nord Stream 2 project from the rules of the updated EU Gas Directive, the regulator said earlier on Friday BRUSSELS, May 15. /TASS/. The European Commission was not involved in the decision taken by the German …
Read More »Transactions in Trade Channel INSTEX not Convincing for Iran
Iranian Deputy Foreign Minister for the Economic Diplomacy Affairs said Gholamreza Ansari said that trade transactions through EU trade mechanism with Iran dubbed INSTEX is not convincing for the Islamic Republic of Iran at the present condition.
Read More »Talks Underway with Iraqi Side to Reopen Mehran Border Amid Pandemic
The Director General of Ilam Customs Office said that talks continue with Iraqi customs officials for reopening Mehran Trade Border.
Read More »IndianOil Resumes Operations, with Refineries Operating at 60% Capacity
The Indian oil and gas giant aims to scale up operations to 80% by May’s end, as demand gradually picks up.
Read More »Tehran, Moscow Discuss Eties Amid Covid-19 Pandemic
In a phone talk between Iranian envoy to Moscow Kazem Jalali and Deputy Minister of Energy Anatoly Tikhonov, the two sides discussed expansion of mutual economic ties under the coronavirus pandemic.
Read More »Russia, S Arabia Agree to Stabilize Oil Market
Russia and Saudi Arabia’s energy ministers agreed to stabilize the oil market.
Read More »Saudi and Russia Affirm Commitment to Oil Market Stability
Saudi Energy Minister His Royal Highness Prince Abdulaziz bin Salman Al-Saud and his Russian counterpart Alexander Novak reaffirmed their respective countries’ firm commitment to maintaining the stability of the global oil markets. The two ministers held a call today during which they underlined their countries’ joint consultations regarding latest developments …
Read More »Iberdrola Buys French Renewable Firm Aalto Power
The French firm owns and operates 118MW of onshore wind farms in France, with an additional 63MW portfolio under development.
Read More »Serbian President Calls for Expanding Economic Relations with Iran
Serbian President received the credential of Iran's new ambassador to Belgrade Rashid Hassanpour on Tuesday and emphasized on promoting cooperation with the Islamic Republic in various fields, especially economy and trade.
Read More »IEA Head Sees Oil Use below Pre-Virus Levels for at Least a Year
It will take more than a year, and perhaps several, for oil demand to recover to what it was before the coronavirus shuttered economies and caused energy markets to collapse, according to the head of the International Energy Agency. Crude demand of about 100 million barrels a day prior to …
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