Iranian companies will replace foreign firms in major oil and gas projects of the country after some international contractors slowed down their activities under unilateral pressures from the US.
Read More »Putin`s Budget Has Lowest Break-Even Oil Price in Over a Decade
The darker side of the Putin’s fiscal cautious has been sputtering economic growth.
Read More »Saudi Oilfield Hit by Drone Attack
Yemeni rebels attacked oil and gas facilities at the Shaybah field in southeast Saudi Arabia. but failed to disrupt production.
Read More »Iran Exports 630.000 Tons of Goods to Iraq via Mehran Border
Mehran border is yet considered as one of the main hubs of goods export from the Islamic Republic of Iran to neighboring Iraq.
Read More »Iran to Add 3.000 MW to Electricity Capacity by March
Iranian Energy Minister Reza Ardakanian announced that a number of 20 power plants. with the generation capacity of 3.000 megawatts. will go online by the end of the current local calendar year on March 20.
Read More »US Blacklists Chinese Nuclear Firm Involved in UK Hinkley Point C Project
China General Nuclear Power partnered with EDF to help fund a third of the £20bn cost of the nuclear power plant being built in Somerset.
Read More »US Crude Supply Expands amid Import Surge. Refinery Slowdown
US gasoline stocks fell 1.41 million barrels last week to 233.76 million barrels.
Read More »Australia on Track to Become World’s Largest LNG Exporter
Its export capacity increased from 2.6bn cubic feet per day (Bcf d) in 2011 to more than 11.4Bcf d this year.
Read More »Iran Posts Jump in Steel Exports. Record Low in Imports
New statistics show that Iran has exported about 20% more steel this year. while it has cut down its imports of the item by 208%.
Read More »Iran Undertakes Policies to Expand Pet-Chem Industry amid US Sanctions
A senior official in Iran’s petrochemical industry announced that the country will float 2 more Pet-Chem companies in the stock market as it seeks to finance expansion projects in downstream.in a bid to soft-pedal the impact of the US unilateral sanction.
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