The Saudi policy appears to be helping cool prices in the way sought by President Trump.
Read More »St. Petersburg to Host World Energy Congress in 2022
The previous congress was held in Istanbul in 2016 and the next one will be in Abu Dhabi in 2019.
Read More »Baghdad Denies Iran’s Role in Iraqi Energy Minister Removal
Al-Fahdavi served as energy minister of Iraq since 2014.
Read More »Oil Ministry Limits Senior Managers to Serving Four Years
The limits will go into effect as the U.S. prepares to reimpose sanctions on Iran beginning Nov. 4.
Read More »Russia to Increase Presence in African Oil. Nuclear Projects
Russia is planning to increase its involvement in developing energy projects in Africa. during the tenth BRICS Summit in Johannesburg.
Read More »Iran Steel Output Up 25%
Iran is currently the world’s 11th biggest producer of steel.
Read More »US Sanctions Will Not Affect Russia-Iran Railway Cooperation
The contract for the production of 6.000 railcars says that the Russian side should provide the financial aspect of the project.
Read More »Saudi Arabia Supplying Fuel to Help Iraq Overcome Electricity Crisis
Talks between Iraq and Saudi Arabia have led to ``positive results`` in collaborating in the fields of fuel and energy.
Read More »GCC Condemns Houthi Attack on Saudi Arabia Red Sea Oil Tankers
An estimated 4.8 million barrels per day of crude oil and refined products flowed through the Strait in 2016 towards Europe.
Read More »Iran Plans to Launch National Cryptocurrency
This week. Iran announced that it had developed its first national encrypted key. based on blockchain technology.
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