Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The French firm owns and operates 118MW of onshore wind farms in France, with an additional 63MW portfolio under development.
Read More »Iberdrola Buys French Renewable Firm Aalto Power
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 …
Read More »Oil Production Cut to Deepen GCC Fiscal Deficits
The OPEC+ agreement and the additional oil output cuts announced this week will push GCC budgets even deeper into deficit, according to Fitch Ratings. Saudi Arabia said on Monday it would add to existing cuts by reducing output by another 1 million bpd next month — equivalent to 1 per …
Read More »Promoting Non-Oil Export, Sole Way to Domestic Production
Iranian President Es’hagh Jahangiri said that promotion of export of non-oil commodities in the country is the sole way of booming domestic production.
Read More »Iran Extracts Over 64.2mn Tons of Iron Ore Last Year
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].
Read More »Iran, Nakhichevan Mull Over Expansion of Economic Coop.
Islamic Republic of Iran and Nakhichevan Autonomous Republic explored avenues for boosting and enhancing trade cooperation via a video conference meeting.
Read More »Switzerland Increases Available Solar Rebates to $388m to Support Struggling Market
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.
Read More »Iran’s Foreign Exchange Bank Reserves in Appropriate Condition
Governor of Central Bank of Iran (CBI) Abdolnaser Hemmati on Sunday stated that the most important monetary policy is to curb inflation, said that despite the decrease in oil revenues under the influence of oppressive sanctions and a sharp decline in oil prices, the situation of the country’s foreign exchange …
Read More »US Oil and Gas Industry Goes into Survival Mode and Cuts Forecast Expenditure by $85bn
In a bid to limit the damage inflicted by the global oil crisis and the impact of the ongoing pandemic, many companies are taking short-term risk mitigation measures to stay afloat.
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