China'.s reliance oil and gas imports is growing too rapidly.
Read More »Saudi Arabia Replaces Aramco Chairman Ahead of Potential IPO
Aramco plans to float around five per cent of the state-owned company in 2020 or 2021.
Read More »Iran’s Foreign Debt Shrinks Despite US Sanctions
The Central Bank of Iran (CBI) announced that the debt the country owes to foreign creditors has decreased by 7 percent in the past two months. despite all economic pressures and sanctions of Washington against Tehran.
Read More »Volume of Exports from Markazi Province Up by 14%
More than 728.000 tons of non-oil commodities have been exported from the central Iranian province of Markazi in the first 5 months of the current local calendar year. which shows a 14% rise in comparison with corresponding period in last year.
Read More »Sustainable Phone Dials in to a Circular Future
The Fairphone 3 has been designed to be fully modular and repairable. meaning that if one component fails. the entire device does not need to be replaced.
Read More »Iranian Petchem Firms Interested in Using Domestic Catalysts
CEO of the Petrochemical Research and Technology Company (PRTC) says Iranian petrochemical companies are keen on consuming local catalysts for their operations to cut expenses.
Read More »Oil Prices Falls after New Round of Tariffs in U.S.-China Trade War
The trade and tariff overhang is inescapable for oil markets.
Read More »China’s Gas Demand Growth Rate will Slow in 2019
China last year and this year imposed tariffs on imports of the super-chilled fuel from the United States.
Read More »Russia not Afraid of the Big Bad Oil Bear Market
Moscow considers $60 per barrel a reasonable price. as at this level Russia can invest in new projects.
Read More »Economy Returning to Normalcy As a Result of CBI Proper Measures
Governor of the Central Bank of the Islamic Republic of Iran (CBI) Abdolnaser Hemmati says the country’s economy is more stable now compared to last year as inflation rate loses momentum.
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