Tag Archives: Financial Tribune

The fund is expected to raise $100 billion a year by 2020. with developed nations to make the most contributions.

Iran'.s in-place oil reserves are estimated at 800 billion barrels.

Shares of major shale producers. including Pioneer Natural Resources Co. and EOG Resources Inc.. tumbled this week as investors began to lose confidence in the prolific Permian basin.

Asian companies have actively sought downstream projects in Iran'.s emerging petroleum industry after the easing of international sanctions in January of last year.

The key political achievement of Rouhani during past four years in the office was signing a nuclear deal with six major world powers.

Up to now the presence of at least 92 international and foreign high-level delegations has been finalized. and a likely increase is possible in the number of other delegations.

Talks revolve around the transfer of technology and investments in several petrochemical projects in Iran.

Electricity demand in Iran during the fiscal 2016-17 rose by 2.700 megawatts.

OPEC hopes the market rebalancing will accelerate in the second half of this year.

Italy purchased 2.8 million tons in the four-month period. accounting for nearly 30% of all imports.