In July. the US Senate approved a bill on new non-nuclear sanctions against Iranian individuals and entities over the country'.s missile program and alleged human rights violations.
Read More »Despite New U.S. Sanctions. Russian Oil Traders Business as Usual
Several Russian banks are already subject to U.S. and European Union sanctions.
Read More »China Creates World’s Biggest Power Group with $271B in Assets
The new company resulting from the merger is expected to be named National Energy Investment Corp.
Read More »Rise in Iran`s Mideast Petrochem Market Share
Petrochemical sales account for 34.7% of Iran’s non-oil exports and 39.1% of industrial exports in terms of value in the period.
Read More »Iran Earns $3.3 Billion of Four-Year Power Exports
Data show some 240 megawatts. or just around 0.3% of Iran'.s total electricity supplies come from renewable sources such as solar and wind.
Read More »Norwegian Company to Provide Technology for Deep-Water Drilling at Azerbaijani Gas Field
Absheron’s reserves are estimated at 350 billion cubic meters of gas and 45 million tons of condensate. according to the estimations of SOCAR geologists.
Read More »Gazprom Neft Presented Iran Oilfields Studies to NIOC
Iran has so far signed MoUs with 4 Russian companies for developing its oil and gas fields.
Read More »IEA Says No Need to Release Emergency Oil Supplies Due to Harvey
The IEA said it was closely monitoring the storm and would be ready to respond to major oil supply disruptions through its emergency response system.
Read More »Syrian Army Enters Dayr al-Zawr from Badia Desert Region
Daesh controls most of the oil-rich Dayr al-Zawr Province. but the terror outfit is under pressure from Syrian forces advancing from the west.
Read More »Iran Will Export Gas to Basra Soon
Iran (34 trillion cubic meters) and Russia (32.6 tcm) hold the largest proven gas reserves.
Read More »