Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
A five-day rally in oil prices ended as investors found new reasons to worry about how fuel demand will be affected by the impact of Asia’s deadly coronavirus.
Read More »Oil’s Five Day Rally Ends. Revealing Longer-Term Price Weakness
U.S. Sanctions Russian Producer Over Links to PDVSA
The U.S. sanctioned a unit of Russia’s largest oil producer Rosneft PJSC for maintaining ties with Venezuela’s Nicolas Maduro and state-run oil company PDVSA.
Read More »China-Russia East-Route Natural Gas Pipeline Construction Resumes amid Outbreak
The building of the middle subsection began in July 2019.
Read More »Saudi Arabia’s Oil Exports Dropped 11% in 2019
The slowdown in China’s industrial activity is causing the worst shock to oil demand in over a decade.
Read More »Lack of Reforms Is Hurting Global Economy
The lack of deeper improvements in the global economic system is hindering what’s already an anemic outlook for growth. especially as the shock caused by the coronavirus.
Read More »Air Pollution Costs World $8 Billion a Day
Air pollution from burning fossil fuels is generating economic losses of $8 billion a day. according to a Greenpeace report.
Read More »China to Accept Tariff Exemption Applications on US Goods from March 2
The exemptions will enable Chinese companies to import US goods and avoid the tariffs.
Read More »Iraq Increases Security Around Basra Oil Fields. Facilities
Iraqi protestors have often blocked roads to oil fields and facilities in Iraq since October last year.
Read More »Asian Markets Fall as Coronavirus Hits Earnings. Growth
China is the world’s biggest importer and consumer of oil.
Read More »Russia not to be Able to Complete Nord Stream 2 Construction on Its Own
The Nord Stream 2 project will connect Russia'.s Ust-Lug and Germany'.s Greifswald.
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