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Iranian Oil Exports to China Triple despite Sanctions

Iran’s oil shipments to China have more than tripled over the past three years despite the U.S. sanctions on the country and the increase in Russia’s shipments to the Asian country, data released by data analytics firm Kepler showed. Based on the mentioned data, Iranian crude exports to its major …

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Iraq Surpasses Saudi Arabia in U.S. Oil Exports to US

The U.S. Energy Information Administration announced on Sunday an increase in Iraq’s oil exports to the United States, surpassing Saudi Arabia’s exports during the past week. According to the agency’s data, the average U.S. crude oil imports from eight major countries reached 5.487 million barrels per day, decreasing by 770 …

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The New Gold Rush in the Era of Clean Energy

As governments worldwide introduce new climate policies with greater levels of funding for renewable energy projects and decarbonisation efforts, more and more companies are launching green energy projects. But with more clean energy comes a higher demand for key metals and minerals, needed for renewable energy equipment components, electric vehicles, …

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NIDC Digs 36 Oil, Gas Wells in 4 Months

National Iranian Drilling Company (NIDC) dug and completed the digging operations of 36 oil and gas wells during the first four months of the current Iranian calendar year (March 21-July 22), an official with the company said. According to Masoud Afshar, the deputy head of NIDC for drilling operations, one …

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Iran Holds 1.5 Billion Tons of Coal Reserves

The secretary of Iran Coal Association has said the country holds 1.5 billion tons of definite coal reserves which is enough to meet the country’s needs for the next 500 years, IRIB reported on Saturday. According to Saeed Samadi, Iran’s total coal reserves are estimated at 14 billion tons of …

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