The attacks early on Saturday morning knocked 5% off the world’s total oil supply.
Read More »Attacks on Aramco to have Short-Term Impacts
Recent attacks on Saudi oil facility would have short-term impacts on oil market.
Read More »Iran Nuclear Deal still Viable. has no Alternative
Iran has given another two months to the European signatories to take meaningful action to save the JCPOA.
Read More »Russia’s Loan for Power Plant Construction in Southern Iran Finalized
Iran’s Minister of Energy announced that the formalities for a €1.2-billion loan were exchanged between finance ministries of his country and Russia. adding that Tehran will use the money for constructing a major electricity project South of Iran.
Read More »Iran Rejects Pompeo’s ‘Lies’ about Yemeni Drone Raids on Saudi Oil Sites
US &. its clients are stuck in Yemen because of illusion that weapon superiority will lead to military victory.
Read More »IEA Releases Latest Review of US Energy Policies
The abundance of low-cost natural gas has resulted in gas-fired generation overtaking coal-fired generation in the power sector.
Read More »OPEC Cuts 2020 Oil Forecast. Urges Effort to Avert New Glut
Demand for OPEC crude will average 29.40 million bpd in 2020. down 1.2 million bpd from this year.
Read More »The Rise and Fall of a Dictator. Robert Mugabe. 2019_1924
Europe must Take Practical Steps to Guarantee Iran’s Oil Revenues
Iran will continue talks to save the nuclear deal. but will take necessary measures if the Europeans fail to fulfill their own obligations.
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