The Department of Energy said it will develop an Environmental Impact Statement to study the impacts of building a Versatile Test Reactor.
Read More »Oil Spikes after Easing U.S.-China Trade Tensions
The U.S.-China trade war has caused energy demand growth to take a big hit.
Read More »Iran to Eliminate Flaring at Oil Fields
The oil fields located in Southern Iran will stop wasting flammable gases accompanying drilling operations in three years’ time with awarding contracts to 2 local companies. in a project that will recover the flare gas for nearby refineries.
Read More »$113mn of Foreign Investments in Industrial Projects of Razavi Khorasan
As of the beginning of the present Iranian calendar year (March 21. 2019) some $113 million of foreign investments have been absorbed in eight industrial projects of the Razavi Khorasan province.
Read More »Economic Woes Hold Sway Over Geopolitics
While geopolitical tensions in the Middle East Gulf remain high. with US sanctions recently extended to more Iranian officials and a Chinese oil importer. as well as another tanker seizure.
Read More »Commercial Nuclear Fusion Is not a Fantastical Possibility
With new breakthroughs announced in the field of fusion all the time. nuclear fusion feels not just like a fantastical possibility.
Read More »US Worried to Lose to Iran’s Diplomacy
American pressure on Iran is due to Iran’s power and might and not weakness.
Read More »Russia to Leapfrog Saudi in Wealth League as Oil Power Shifts
OPEC can no longer ignore Russia because of its importance as an oil exporter and its economy.
Read More »July 2019 Market Report
Written by Dr Tony West. formerly Director of Trading and Marketing at Innogy (now Npower). Head of Trading at Scottish Power and amongst other senior wholesale trading roles recently advised Gazprom on their power business development strategy.
Read More »Number of U.S. Active Drilling Rigs Continues to Fall This Week
The outlook for oil demand growth is ".fragile.". with a greater likelihood of a downward revision than an upward one.
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