IEA countries hold 1.55 billion barrels of public emergency oil stocks.
Read More »Government Pledges £80m for Next-Gen Greener Cars and Planes
Development of the new technologies will be led by industry and academia and supported by more than 130 organisations.
Read More »Bushehr Nuclear Power Plant Saving 11 Million Barrels of Oil for Iran
Iran says it restarted talks with Russia to build a 3.000-megawatt new nuclear power plant.
Read More »Iran Fuel Stocks at Optimal Level Despite US Sanctions
A senior official from Iran’s Ministry of Oil says the country is currently holding abundant stocks of fuel despite US sanction that have affected the oil industry.
Read More »The Third Week of July 2019
Radical Reform of Energy Market Needed to Protect Customers
That’s according to Citizens Advice. which says the government and Ofgem must work together to ensure all energy customers can benefit from new technologies and business models entering the market.
Read More »Iran’s Actions in the Persian Gulf Meet International Maritime Law
All 23 crew members of the Stena Impero tanker detained by the Iranian authorities in the Strait of Hormuz are on board the vessel in Bandar Abbas.
Read More »Iran Confiscated British Oil Tanker according to Intl. Law
The rule of reprisal is a recognized concept in international law and it is used in the face of another country’s illegal measures.
Read More »Iran Says Domestic Production Rising Despite US Sanctions
Iranian Industry Minister Reza Rahmani said that despite US efforts to cripple Tehran’s economy. year-on-year comparison shows that the country’s domestic production has increased in the first quarter of the local calendar year.
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