The price of crude oil is up about 30% this year.
Read More »Maduro Accuses Guaido of Stealing Oil Profits
Oil production would continue falling and possibly accelerate throughout 2019 as sanctions-related deadlines pass.
Read More »Saudi`s Big Plans in India
Bilateral trade between Riyadh and New Delhi currently stands at $28 billion.
Read More »Flattering Growth in Renewable Energy Sector
Renewable capacity additions need to grow by over 300 GW on average each year between 2018 and 2030 to reach the goals of the Paris Agreement.
Read More »Iran Oil Clients to Find Ways of Resisting US Sanctions
The USA is declaring trading war against major economic entities like China and EU.
Read More »Iraq`s Crucial Part in Oil Industry’s Future
Iraq has adequate supplies of natural gas but has been flaring gas at increasing rates as oil production climbs.
Read More »Iran Payment System Making Positive Progress
France reports progress in efforts towards the implementation of a direct payment mechanism. which the European country has launched alongside Britain and Germany to safeguard trade with Iran in the face of US sanctions.
Read More »Japan relies on Iranian oil. to talk to US about it
Japan says it relies on crude imports from Iran and seeks to hold talks with the United States about the matter to keep its energy supply steady. amid ongoing attempts by Washington to curtail Iran’s oil sales.
Read More »US to Announce Zero Tolerance for Iran Oil Imports
The United States is to announce that all importers of Iranian oil will have to end their imports shortly or face US sanctions. a report says.
Read More »China Slams US Plan to Stop Waivers for Iran Oil Imports
China has slammed US plans to tell it and other countries to stop buying Iranian oil or face sanctions. saying Beijing'.s cooperation with Tehran is in accordance with law.
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