Russia’s state oil company paid $250 million to an external consultant to help secure deals in Iraqi Kurdistan. according to documents that shed new light on transactions that have strengthened Moscow’s presence in the Middle East.
Read More »Crude Oil Demand Wrecked by COVID-19
The head of the Vienna Energy Studies Group underlines the importance of the upcoming OPEC meeting. saying: The coronavirus outbreak has ruined the demand for oil.
Read More »OPEC will Decide Monday if March 5-6 Meeting Is Still On
A decision to delay the meeting would leave the future of the OPEC+ 1.7 million b d production cut accord with Russia and other allies up in the air.
Read More »Iran not to Count on US Offer of Coronavirus Aid
Iran with cooperation of all organizations including the Foreign Ministry is seriously dealing with the issue.
Read More »Iran. Turkey Targeting for $30bn Annual Trade Volume Exchange
The issue of attaining $30 billion worth of annual bilateral trade with neighboring Turkey has been targeted.
Read More »National Project to Harness APG Implemented in Kharg Island
Iran has successfully implemented the national waste-to-energy project in Kharg Island to curb the associated petroleum gas (APG) or flare gas of the petroleum products in the Persian Gulf oil and gas fields.
Read More »Azerbaijan Temporarily Closes Borders with Iran
Azerbaijan'.s embassy in Tehran announced on Saturday that the country'.s borders with Iran are temporarily closed for two weeks. as of February 29. due to the outbreak of the novel coronavirus.
Read More »Iran. Turkey Targeting for $30bn Annual Trade Volume Exchange
The two countries of Iran and Turkey are targeting for $30 billion worth of bilateral trade volume exchange annually.
Read More »OPEC could Deepen Oil Supply Cuts with or Without Russia
Saudi Arabia wants to hold prices from falling. but Russia is still not agreeing.
Read More »Int`l Cooperation Key to Control. Contain and Uproot Coronavirus
Iran appreciates all countries and international bodies which have helped confront coronavirus and considers international community'.s cooperation as key to control. contain and uproot the epidemic. Iranian Embassy in Tbilisi said in a statement.
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