On May 8. US President Donald Trump announced that his country would exit the 2015 nuclear deal.
Read More »Iran Agrees to Build New Refinery for Sri Lanka
Iran’s offer comes as Chinese. Middle East and Russian companies are in ``preliminary discussions`` to build a 100.000 bpd refinery for CPC.
Read More »Iran Petrochem Exports Revenues Rise
20 complexes in Mahshahr produced 1.7 million tons of petrochemicals in the 30-day period.
Read More »Iran Needs to Import 900 MW of Electricity in Summer
Iran regularly imports 700 MW of electricity in summer.
Read More »Compliance with OPEC+ deal went down in April due to production growth in Kazakhstan and activity in Russia
The level of compliance with the output limit in April made 172%.
Read More »Russian Gas Pipeline to Germany Raises U.S. Intelligence Concerns
U.S. was skeptical whether Russian transit guarantees for other countries such as Ukraine were enforceable.
Read More »Nord Stream 2 Pipeline Officially under Construction in Germany
Work has officially begun to build the German section of a contested gas pipeline from Russia that is opposed by Poland and other countries.
Read More »Total will not Pay Penalty if It Quits Gas Project in Iran
Total will not pay a penalty if it pulls out of a multi-billion-dollar gas project in Iran.
Read More »Min: Oil Prices at $60-$65 Per Barrel is Logical
United States was trying to keep prices inflated in order to support U.S. shale oil growth.
Read More »Iran Signs Oil Contract with Pergas to Develop Keranj Field
Tehran would spare no efforts to maintain its oil production and exports at current levels.
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