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In 2011 BP acquired a 30 per cent stake from Reliance in some of its exploration blocks.
Read More »BP will Enter India`s Fuel Retail Market with Reliance Tie-up
Bank of America Warns China`s Purchases of Iranian Crude Could Trigger Oil Market Crash
The Americans have not achieved any success against Iran.
Read More »EU Backs 21 Wind Farms in Spain with €385m Financing
They will be located in six autonomous communities and generate enough electricity to power around 360.000 homes.
Read More »China ‘might Escort Ships’ in Gulf under US Proposal
China has traditionally played a small role in Middle East conflicts or diplomacy despite its reliance on regional oil.
Read More »Fresh US Tariffs on Chinese Goods Could Push Beijing to Buy Iranian Oil
The latest round of US tariffs on China could push Beijing to buy Iranian oil as a retaliationf. Bank Of America Merill Lynch announced.
Read More »Oil Prices could Crash by $30 If China Buys Iranian Crude
Shipments of Iranian oil fell below 550.000 b d (barrels per day) in June from about 875.000 b d in May and about 2.5 million b d in June 2018.
Read More »Iran to Scale Back More Nuclear Commitments as Permitted Under JCPOA
Iranian Foreign Minister Mohammad Javad Zarif says the country will go ahead with the third phase of scaling back its nuclear deal commitments under the current circumstances.
Read More »Iran Govt. Approves to Drop Four Zeros. Revert to Toman
The Iranian government has approved to revalue its rial tenfold and revert to the currency’s old name. the toman. the Fars news agency reported.
Read More »Syria Eyes Attracting Iran`s Investment for Reconstruction
Compilation of Syria’s new investment law is at the final stage.
Read More »Brexit will Allow a Renewed Focus on Sustainability and Biodiversity
That’s according to the new Environment Secretary. Theresa Villiers. who made her first official speech.
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