The U.S. sanctioned a unit of Russia’s largest oil producer Rosneft PJSC for maintaining ties with Venezuela’s Nicolas Maduro and state-run oil company PDVSA.
Read More »Iran-Iraq Electricity MoU Halted
Iran is following up on signing an MoU with Syria. which is similar to this MoU inked with Iraq.
Read More »Iran-Iraq Electricity MoU Halted
A Memorandum of Understanding (MoU). which was inked between Iran and Iraq on electricty exchange. has currently been suspended. according to an official.
Read More »Iran. India Finalize Negotiations on Preferential Trade Tariffs
In a meeting between Indian envoy to Tehran and head of Iran Chamber of Commerce. the two sides finalized talks on ratification of preferential tariffs on specific equipment needed for implementation of Iranian Chabahar Port project.
Read More »NIOC to Sell 6 mb of Crude Oil. Gas Condensate at IRENEX
The National Iranian Oil Company (NIOC) has planned to sell 6 million barrels of heavy and light crude oil and gas condensate at the international floor of the Iran Energy Exchange (IRENEX).
Read More »Zarif. Borell. Lavrov Discuss JCPOA at Munich Security Conf.
In separate meetings. Iranian Foreing Minister Zarif. his Russian counterpart Sergey Lavrov and EU foreign policy chief Josep Borrell discussed Iran nuclear deal.
Read More »Oil Climbs Near Two-Week High on Easing Coronavirus Concerns
Oil rose for a third session. the longest winning streak since early January. after the World Heath Organization rekindled optimism that the coronavirus outbreak could be abating.
Read More »Capital Market Able to Meet 50% of Oil Industry’s Investment Needs
Investment risks should be offset by increased interest rates and returns.
Read More »BP’s Carbon-Neutral Pledge Puts Pressure on Exxon. Chevron
Exxon and Chevron both agree with the goals of the Paris Agreement.
Read More »Iran’s Economy Stepping Out of Recession
Iran’s economy is getting out of recession. while major economic indices are experiencing stability.
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