US crude is on track for a drop of more than 7% this week. its biggest weekly fall for five months.
Read More »Iran. Ukraine Sign MoU on Cooperation
Economic activists and businessmen of Iran and Ukraine held a joint meeting in Kiev.
Read More »Falih: No Free Ride for US Shale Producers
There are concerns that the glut could persist because shale supply.
Read More »France’s Alstom Eager to Build Monorail in Tehran
A total of 20.000 foreign firms are active in France with only 20 of them being Iranian.
Read More »Kazakhstan Ups Cost of Russian Oil Transit to China
Since 2014 Russia has been paying $9.8 per transit of one ton of oil to China via Kazakhstan.
Read More »Iran. Russia. Azerbaijan Agree on 50% Cut in Transit Tariffs
IRIR is currently building a railroad from the Iranian Caspian port city of Astara to the border with Azerbaijan.
Read More »OPEC. Russia Show Unified Front on Crude Supply Cuts
Many of the questions revolved around the fact that there is so much inventory remaining.
Read More »Gas Flaring Cut by 70% in South Pars Refinery
The refinery is one of the 14 plants in Asalouyeh processing natural gas drawn from the giant South Pars field in the Persian Gulf.
Read More »Energy. the Priority of Iran-Germany Political Relations
JCPOA was the comprehensive agreement by all of the world countries.
Read More »Russia’s Giant Interested in Iranian Oil Fields Shangule. Cheshmeh-Khosh
The company was also ready to consider the options of its participation in other consortiums regarding the development of Iranian oil fields.
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