OPEC and 10 allies agreed in December to implement 1.7 million b d of production cuts for the first three months of 2020.
Read More »China Coronavirus could Push Oil down by $3
Most of the demand loss will come from jet fuel as the risk of disease discourages travelers from getting on a plane.
Read More »OPEC Welcomes Reappointment of Russia’s Energy Minister. Eyes Stronger Cooperation
OPEC welcomes the reappointment of Alexander Novak as Russia’s Energy Minister as part of the new government.
Read More »Major Energy Expo Underway on Kish Island
Kish ENEX is considered the second most important energy exhibition in the country after Iran Oil Show.
Read More »Iran’s Daily Gas Consumption Hits New Record High
Gas is supplied to 97 percent of people in the urban areas and 82 percent of people in the rural regions.
Read More »Iran Investigating Cause of Plane Crash within ICAO standards
The Islamic Republic of Iran has welcomed presence of the experts from countries whose citizens have been killed in the accident.
Read More »Iran Condemns Germany’s Backing for US Brutal. Illegal Actions
Such comments indicate Berlin is not aware of realities on the ground in the region.
Read More »Soleimani’s Death Not to Remain Unanswered
The White House and the Pentagon confirmed the assassination of General Soleimani in Iraq.
Read More »Iran`s LPG Exports up Thanks to Gas Network Expansion
Iran is currently exporting over half a million ton of LPG to China each month.
Read More »Iran. Afghanistan to Link Up through Railway in March
Iran has implemented massive plans for expansion of its domestic railway network.
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