Most of Iran’s trade through the Caspian Sea is processed via the western and central coasts of the enclosed body of water and in the provinces of Gilan and Mazandaran.
Read More »OPEC. Allies may Deepen Output Cuts
OPEC+ oil exporters have coordinated output for three years to balance the market and support prices.
Read More »E3 Welcome Joining of 6 More European States to INSTEX
The statement by the three major European states entitled the E3 statement on Iran and INSTEX available on the website of the UK government.
Read More »OPEC+ Watchers See Extension of Output Deal. but No Further Output Cuts
Any expectations that OPEC and its partners will make deeper cuts to oil production have all but evaporated.
Read More »Russia. Ukraine Gas War
The conclusion of a fixed-volume transit agreement would provide Ukraine with a steady and projected income.
Read More »US Becomes Net Oil Exporter in Sept. for 1st Time in 70 Years
The growing role of the United States as a global energy supplier would exert downward pressure on oil prices.
Read More »OPEC and Russia Likely to Extend Oil Production Cuts at Upcoming Meeting
There has been speculation that Russia may be unhappy with the production agreement. in part because its energy companies oppose it.
Read More »Iran Reveals Details of $5 Billion Loan from Russia
The remaining $2.8 billion would be used to implement four other projects.
Read More »Iran Poised to Double Non-Oil Exports
Iran is after accomplishing an objective of increasing non-oil exports to 15 neighboring countries by two-fold to counter the US bans on its oil sale.
Read More »Iran Generates 4.4 Billion Kilowatt-Hours Green Energy in 10 Years
Iran has generated more than 4.4 billion kilowatt-hours of electricity from renewable sources since mid-2009. a new report by the Energy Ministry said.
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