Algeria had floated an idea of deepening the cut by some 600.000 barrels per day.
Read More »IEA Concerned About Impact of Middle East Tensions
Strong growth in the price of U.S. shale oil has also contained stronger increases.
Read More »Europeans Neither Competent. Nor Willing to Honor N. Deal
Iran is fully prepared to take the next step to further lower its compliance with the nuclear deal on July 07.
Read More »Iran in Talks to Set Up Bilateral Agreements to Defuse US Sanctions
Iranian Foreign Minister Mohammad Javad Zarif said that Tehran is in talks with a number of other states. including China. India and Russia. to establish bilateral monetary channels in a bid to bypass Washington’s unilateral sanctions.
Read More »Iran Interested in Russia`s Proposal for Trade. Oil Sale
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati stressed his country'.s interest in expanding mutual trade cooperation with Russia and selling its oil with the help of the Northern neighbor.
Read More »US Sanctions Ineffective on Iran’s Joint Economic Commissions with 70 Countries
Tehran has formed joint economic commissions with more than 70 countries. Deputy Foreign Minister for Economic Diplomacy Qolamreza Ansari said.
Read More »Iran Eyeing More Trade with Turkey
Iranian Foreign Minister Mohammad Javad Zarif. in a meeting with his Turkish counterpart Mevlut Cavusoglu in the central city of Isfahan. said that his country is ready to significantly increase the volume of trade with Turkey.
Read More »UK Oil Industry Getting Very Good at Decommissioning
The UK oil and gas industry is starting to get ``very good`` at decommissioning. the sector’s top regulator said yesterday.
Read More »Turkey. China. Russia to Join INSTEX
Iran has been called upon to ratify CFT and Palermo as part of the requirements to join the global anti-money laundering watchdog.
Read More »Japan Unconvinced over Iran’s Role in Tankers Incident
Tehran warned the U.S. to stop playing a blame game through ``suspicious`` attacks on oil tankers in the Middle East.
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