China accounts for 85 percent of the world’s production of rare earths.
Read More »China Rescues Venezuela’s Run-Down Oil Refineries
China and Russia have an interest in preventing the complete collapse of Venezuela’s oil industry.
Read More »Gas Market Reforms Deliver Improved Trading Capabilities to Australia’s East-Coast
The Australian Energy Market Operator (AEMO) has today announced the successful launch of the Capacity Trading Platform (CTP) and Day Ahead Auction (DAA) market mechanisms. delivering improved trading capabilities.
Read More »Oil Prices Rise. but U.S.-China Trade Tensions Drag
There is large uncertainty surrounding demand .
Read More »Official Inauguration of Integrated Forex Market Postponed
Central Bank of Iran’s forex market will be inaugurated later than the predetermined date i.e. August 12. 2019. an official from the central bank (CBI) said.
Read More »UN and IRENA Join Forces to Accelerate Renewable Energy Uptake
They intend to step up the exchange of knowledge on the energy transition to help tackle climate change.
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 »Iran’s 1st Gasoline Cargo Exported from PGSR
Chief Executive of Persian Gulf Star Refinery (PGSR) Mohammad Ali Dadvar on Sat. said that the first gasoline produced in the Persian Gulf Star Refinery was exported overseas.
Read More »US Grants 90-Day Waivers to Nations Participating in Iran’s Civilian Nuclear Program
Five waivers were still extended and are set to stay in place at least for another 90 days.
Read More »Egypt Signs MoU with US on Oil Sector Cooperation
Egypt aims to become a regional gas hub for the trade of liquefied natural gas after major gas discoveries in recent years.
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