Macron is now the French President-elect winning 66% of the vote and defeating his rival Marine Le Pen.
Read More »Macron Win. OPEC Cuts Not Enough to Stimulate Oil Markets
An extension of the OPEC agreement will not be enough to raise global oil prices significantly.
Read More »NIOC Plans to Boost Crude Oil Output Capacity
Iran produced 3.77 million b d of crude in April.
Read More »Ministry Denies Obstruction in Export Payments
Oil ministry is in talks with oil and gas giants for $70 billion worth of development projects.
Read More »Iran to Pursue US Lack of Commitment Toward JCPOA
US President Donald Trump is an outspoken critic of the agreement negotiated by his predecessor Barack Obama.
Read More »Tehran Keen to $40b for Petrochemical Projects
NPC should focus on the industry'.s challenges and needs including sustainable use of hydrocarbons.
Read More »France Becomes Net Power Importer
France’s capacity to import electricity from its neighbors increased by 30% to 12.2 GW in the 2016 2017 winter period.
Read More »UN Watchdog Says Iran Complying with Nuclear Deal
The IAEA report said Iran remained below the limit of 130 tons of heavy water. which can be use in a nuclear reactor.
Read More »US Provoking Iran to Quit Nuclear Deal
US President Donald Trump had harsh words for the hard-fought deal. calling it “one of the worst deals I’ve ever seen.
Read More »Oil to Remain Well Bid for More as All Eyes Are on Iran-US Impasse
.Oil has gained 16 per cent since the oil producers decided to cut production to prop-up prices
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