China. Iraq. Turkey. the UAE and Afghanistan were Iran’s main export destinations over the period.
Read More »Iran will Open over 3.800 MW of New Power Plants until Next Summer
Iran’s total capacity of thermal power is around 550 TWh.
Read More »Ecuador’s Decision to Withdraw from OPEC Came as Surprise to Organization
Ecuador’s oil reserves are estimated at 8.3 bln barrels of oil. Oil production in 2018 was at 517.000 barrels per day.
Read More »Too Early to Discuss Deeper Output Cuts
OPEC is counting on Russia to help sooth tensions between Iran and Saudi Arabia in order to help the global oil market stabilize.
Read More »Renewables will Provide Nearly Half of World Electricity by 2050
Hydroelectricity was the predominant global renewable electricity generation source in 2018.
Read More »Iran Friend of Regional States. Ready for Security Cooperation
If there were conflicts in the past. Iran was not the initiator or the one who created it.
Read More »Saudi Energy Minister Predicts Era of ‘Perpetual Stability in World Oil’
The relationship between Saudi Arabia and Russia brings an opportunity for ``perpetual stability`` in global oil markets.
Read More »IAEA Board of Governors to Vote Next Week to Select Best Candidate for Director General
The candidate is selected among contenders. nominated for the position. in the so-called straw poll.
Read More »Ecuador will Leave OPEC to Boost Oil Revenues
Ecuador has been in breach of its promised production limits every month this year.
Read More »U.S.. Saudi Navies Discuss Iran Threat After Attacks On Saudi Oil
The Commander of U.S. Naval Forces Central Command. Vice Admiral Jim Malloy. met with the commander of the Royal Saudi Naval Forces (RSNF) after the attacks on vital Saudi oil infrastructure.
Read More »