Tag Archives: International Organizations

The halt in production at Libya'.s largest field severely disrupts the country'.s energy supply.

A revised methodology to calculate the cap means customers would pay an extra £1 a week on average.

The United States has also sanctioned top Iranian officials.

OPEC reduced output at the start of this year as part of an agreement with other producers.

The closing date for applications will be Sept. 5. the 35-nation Board of Governors decided in its meeting on Thursday.

Head of Iran’s National Petrochemical Company Behzad Mohammadi announced that his country will increase its propylene output by three times after the opening of 7 new projects.

The strong increase in oil and gas production helped BP to offset weaker crude prices and refining profit.

The biggest supply drop came from Saudi Arabia. which has cut supply even further below its OPEC target in a bid to reduce oil inventories.

Iranian Vice-President and Head of the Management and Planning Organization Mohammad Baqer Nobakht stressed failure of enemies in leaving a major impact on Iran'.s economy by imposing the toughest-ever sanctions.

Erbel is to officially take office on August 1. 2019.