Tag Archives: Government

The new arrangement will compensate for the stoppages of RIL’s purchases of Iranian and Venezuelan crude following US sanctions on both countries.

The Energy Emergencies Executive Committee will review the actions of National Grid and establish what happened to cause the outage and whether correct procedures were followed.

New research suggests subsidy-free solar projects could be built in most cities across China at a cheaper price than energy supplied by the grid.

The energy generated will be supplied to the grid. with the user then able to purchase it back at a discounted fixed-tariff rate.

It has launched judicial review proceedings against what it says is the government’s discrimination of onshore wind in favour of offshore wind in its CfD auctions.

National Iranian Oil Company will offer light crude oil at today’s session of Iran Energy Exchange (IRENEX).

Its export capacity increased from 2.6bn cubic feet per day (Bcf d) in 2011 to more than 11.4Bcf d this year.

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%.

Iranian First Vice-President Eshaq Jahangiri. in a meeting with Kazakhstan’s Prime Minister Askar Mamin. said that his country is willing to broaden bilateral relations with the Central Asian country in areas of banking. tourism. and finance.

The average selling price for Aramco’s crude fell to $66 bbl in the first half from $69 bbl a year earlier.