Most of Iraq'.s southern fields in Basrah are operated by international oil companies.
Read More »Three Months Into Construction. Tesla China Plant Takes Shape
Tesla’s plant under construction in Shanghai last week.
Read More »South Korea Wants US to Backtrack on Iran Decision
South Korea is sending a delegation to the United States to seek an extension of waivers which Washington ended on Monday with the aim of bringing Iran’s oil exports to zero.
Read More »Iran Lambastes Saudi Arabia. Bahrain for Supporting US Oil Sanctions. Warns of Consequences
Tehran has lashed out at Saudi Arabia and Bahrain for supporting Washington’s termination of sanctions waivers for major Iranian crude buyers. saying the Islamic Republic would allow no country to replace it in the oil market.
Read More »Germany will Stand by Iran Nuclear Deal
US President Donald Trump last year pulled out of a landmark 2015 nuclear deal with Iran.
Read More »Iraq will Keep Importing Iran`s Gas. Power despite US Bans
Gas imports for the summer will temporarily increase to 35 million cubic meters per day.
Read More »No Country Allowed to Replace Iran in Oil Market
Iran will hold the US and those countries accountable for the negative consequences of attempts to chock Iranian oil exports.
Read More »Iraq has Enough Oil Capacity to Meet Customer Needs
IEA expects Iraq to add 1.2 million bpd in 10 years to reach 6 million bpd of production in 2030.
Read More »Japan Expects Little Impact from U.S. Scrapping Iran Oil Waivers
The United States reimposed sanctions on exports of Iranian oil last November.
Read More »Syria Allows Planes of Qatar Airways to Use Airspace after 8 Years
The Syrian government has agreed to a request by the Qatari civil aviation authority to allow planes of Qatar Airways to fly over Syria. eight years after the Persian Gulf'.s peninsular state suspended its ties with Damascus.
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