Energy Economy

The British government once again opposed US President Donald Trump’s request for moving out of Joint Comprehensive Plan of Action (JCPOA).

The programme is intended to improve overall costs. performance and reliability of fossil fuel electricity generation.

Iran’s exports of various steel products increased by nearly a quarter in the eight-month period ending in late November 2019. according to a report.

The CNG-powered buses will replace part of the old diesel fleet and are expected to reduce carbon emissions by at least 70%.

Despite a huge increase in demand for battery electric vehicles. their market share is still small at 1.6%.

Most of this will be focused in regions where strong economic growth is driving demand. particularly in Asia.

Efforts will continue to strengthen the country’s ‘resistance economy’ in a bid to reduce the negative impact of US sanctions.

RWE Generation. Ørsted and UK Power Networks will pay into a redress fund run by energy watchdog Ofgem.

An Iranian deputy foreign minister said the country’s fifth and final step to reduce its commitments to the 2015 nuclear deal has helped to restore the balance in the Joint Comprehensive Plan of Action (JCPOA).

Iranian Economy Minister Farhad Dejpasand called on the Financial Action Task Force to protest at the US allocation of a budget for terrorist acts like assassination of IRGC Qods Force Commander Lieutenant General Qassem Soleimani.