Germany has been getting up to 85 percent of its electricity from renewable sources on certain sunny. windy days this year.
Read More »Saudi Arabia Considers Plan for Airport Stake Sale
The kingdom expects its privatization programme to yield about $200bn in total through the full or partial sale of government firms.
Read More »NPC Expects China to Clear Petrochem Payments
The problem associated with China'.s payment for its petrochemical imports from Iran has now reached a point that requires negotiations between senior officials from both sides.
Read More »Gasoline Shipments Impounded
Iran imports an average of 10 million liters of gasoline every day to meet domestic demand.
Read More »NIGC Shifting Focus to Int’l Markets
Gas exports to Iraq have begun at a rate of 7 million cubic meters per day and will eventually increase to 18 mcm d in two years.
Read More »Greece Okays Exxon-Total Bid to Explore for Offshore Oil
The country’s oil and gas resources management body will launch a tender for exploration licenses in the blocks by the end of June.
Read More »Mexico Now Dependent on US Natural Gas for Hitting Emissions Targets
The increased dependence on U.S. natural gas imports is forcing the Mexican government to oversee a number of energy market reforms.
Read More »Eni Inks Upstream and Renewable Energy Deals in Kazakhstan
Eni and GE will work jointly to evaluate the feasibility of building a 50MW wind power plant and also in exploring further initiatives in Kazakhstan.
Read More »Iran Sympathizes with Pakistan Over Tragic Oil Tanker Incident
More than 100 people have also been injured in the incident.
Read More »Kurdistan Resumes Shipping Oil to US After Three Years
The dispute escalated when Kurdistan’s deliveries to the US were blocked and Iraqi government threatened to take action against companies transporting the Region’s crude.
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