The stances adopted by the US and the European Union on the removal of the arms embargo on Iran are not binding and will not prevent Tehran from buying conventional weapons after the ban expires.
Read More »Neptune Energy Makes Gas and Oil Discoveries in Germany
Neptune Energy announced two important hydrocarbon discoveries have been made in northwestern Germany.
Read More »German MP Calls for a New Nuclear Agreement with Iran
Due to the ongoing conflicts over the nuclear agreement with Iran, known as the JCPOA, the chairman of the Foreign Affairs Committee in the German Bundestag, Norbert Röttgen, has called for a new agreement with Tehran.
Read More »Polish Battery Production Granted a €480m Electric Boost from EU Bank
The EU-backed facilities could potentially power more than 500,000 zero emission EVs per year.
Read More »France, EU Ready to Continue Coop. with Iran in COVID-19 Battle
France has expressed the EU's willingness to continue humanitarian cooperation with Iran in the battle against the coronavirus pandemic, according to Elysee Palace.
Read More »Iran Urges Europeans` Full Commitment to JCPOA
The Spokesperson of the Iranian foreign ministry Abbas Mousavi called for full commitment of Europeans to their JCPOA obligations.
Read More »Iran not to Count on US Offer of Coronavirus Aid
Iran with cooperation of all organizations including the Foreign Ministry is seriously dealing with the issue.
Read More »EU Walks Turkey Tightrope With Limited Sanctions on Drilling
The European Union blacklisted two Turkish nationals as retaliation over Ankara’s energy drilling off Cyprus in a move that has more political symbolism than economic punch.
Read More »Aramco Passes Final EU Regulatory Hurdle in $69bn SABIC Deal
Saudi Aramco’s planned purchase of the region’s biggest petrochemical company comes as it targets downstream investments in a move away from relying on crude oil sales.
Read More »Saudi Aramco Gets EU’s Unconditional Approval for $69 bln SABIC Deal
In March 2019. Aramco announced the deal in a key move towards its diversification into refining and petrochemicals.
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