Tag Archives: Crisis

Saudi Arabia and some other countries are looking for a 1 million bpd output cut for Q2. 2020 amidst weakening global demand.

Iran will inaugurate a production line for a totally home-made self-shifting transmission. for the first time in the history of its car-making industry. in a show of defiance to US’ sanctions.

Iran with cooperation of all organizations including the Foreign Ministry is seriously dealing with the issue.

The world economy may be heading for its worst performance since the financial crisis more than a decade ago as the spread of the coronavirus increasingly dashes hopes of a swift rebound.

Saudi Arabia has so far been thwarted by Russia in its push to shore up oil markets against the coronavirus. But when they meet next week. the humbled kingdom may yet clinch victory.

Natural gas is like the e-cigarette of fossil fuels.

Flights were grounded. schools shuttered and religious shrines disinfected. but as Iran struggles to contain the spread of coronavirus there’s panic. disarray and questions over who to believe.

The new facility is expected to help the country achieve its 2022 clean energy goal.

Overall. the changes in Chinese society have caused a 40 per cent plunge in output across key industrial sectors.

The university has also called on the Universities Superannuation Scheme to abandon its £1bn investments in fossil fuels.