China'.s State control on foreign exchange flow was a key reason for the repeatedly postponed launch of Shanghai crude futures.
Read More »Iran. Armenia Deal on Swap of Gas. Electricity
Armenia by around 30.000 kilometers area and with a population of 3 million is located in Caucasus Region and in the year 1991 it became independent from the Soviet Union.
Read More »Iraq Loosens Oil Shackles for Premium Prices
SOMO is expected to announce its March official selling prices for Asia. Europe and U.S.-bound supplies around the 10th of February.
Read More »Pakistan Considers Establishment of Renewable Energy Institute
The World Bank vice-president expressed interest in assisting the Power Division in formulating a new energy policy and national electricity plan.
Read More »Libya Looks for Diversify Oil-Based Income sources
Libya boasts oil reserves of 41 billion barrels. perhaps the largest in Africa.
Read More »Iran Wants to Boost Gas Coop. with Armenia
In 2004. Iran and Armenia inked a barter contract in the field of gas and electricity for 20 years.
Read More »Toshiba Agrees to its Sell Westinghouse Nuclear Unit Assets to Boost Capital
The sale will end the Japanese conglomerate’s troubled foray into overseas nuclear power.
Read More »Shell`s Investment in North Sea for the First Time in Six Years
Royal Dutch Shell will pile fresh investment into a new North Sea project for the first time in six years.
Read More »Trump Extends Iran Sanctions Relief
IAEA on November 13 in a new report verified for the ninth time that Iran has been in compliance with the deal since it was implemented on January 16. 2016.
Read More »Angola to Unpeg its Currency from the U.S. Dollar
Angola showed the biggest year-on-year increase in OPEC deliveries to China in 2017.
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