The National Iranian Oil Company will offer light crude at the next round of the international ring of Iran Energy Exchange on September 17.
Read More »Iran Supplying 40% of Iraq’s Need for Electricity
Secretary General of Iran-Iraq Joint Chamber of Commerce informed on Saturday that presently Iran supplies 40 percent of Iraqi’s need for electricity.
Read More »US Natgas Prices To Fall To Lowest Since 1970s
Spot prices at the Henry Hub have averaged $2.62 so far in 2019.
Read More »Not Even Saudi Arabia Can Stop Oil’s New Slump
OPEC’s own researchers forecast a demand slump ahead.
Read More »US is Close to Overtake Saudi Arabia as the World`s Top Oil Exporter
Oil demand growth will be ``significantly higher`` helped by a comparatively low base in the second half of 2018.
Read More »Small Industries Register Over €1bn Exports in 5 Months
Small industries in Iran have exported products valued at over one billion euros in the first five months of the current Iranian calendar (21 Mar. – 22 Aug.).
Read More »Iran to Pay Higher to Spur Renewable Suppliers
SATBA has proposed a plan to the government to buy electricity generated in the renewable sector at higher prices in order to encourage more investment from suppliers who are grappling with economic difficulties. a spokesman said.
Read More »Iran to Hand Gas Field Contract to Domestic Company
An Iranian company won the contract for the development of Balal Gas Field in the Persian Gulf. a senior oil official said.
Read More »Maximeyes Buys Significant Stake in UK Battery Storage Company
PureDrive Energy is developing a software aimed at unlocking greater revenue for home batteries by using machine learning to predict household load and generation.
Read More »OPEC+ will Discuss Deeper Oil Cuts on Thursday
The OPEC+ joint ministerial monitoring committee. known as JMMC. meets on Thursday in Abu Dhabi on the sidelines of an energy conference.
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