Tag Archives: International Organizations

US production rose slightly for week ending June 28 to 12.2 million bpd. 200.000 bpd down from the all-time high of 12.4 million bpd.

The project supports the government’s target to increase the share of renewables to 24% by 2030.

The acquisition is part of the company’s strategy to offer its clients the possibility of achieving a zero carbon transition.

The Europe-proposed Instrument in Support of Trade Exchange (INSTEX) should provide a comprehensive channel for financial transactions with the European states to wire back Iran'.s crude revenues.

Iran has exported some $13 billion worth of goods and services to neighboring Iraq in the last local calendar year (March 21. 2018-March 20. 2019). which marks a 37% increase in a year-on-year comparison.

Iran is satisfied with the new decisions made in the recent meeting of the Organization of the Petroleum Exporting Countries (OPEC). including an extension to supply cuts to the global market and the exemption for Tehran.

Iranian Deputy Economy Minister Mohammad Ali Dehqan Dehnavi said that the Europe-proposed Instrument in Support of Trade Exchanges (INSTEX ) has failed to meet Iran'.s expectations. calling on the European states to compensate for their deficiencies.

The US State Department is seriously considering using an Obama-era loophole to allow China to import oil from Iran. violating the Trump administration’s earlier pledge to bring Iranian oil exports down to zero. according to a report.

Iran is committed to the full implementation of the JCPOA: as long as E3 EU implement their economic commitment.

China is the top buyer of Iranian oil and nearly all its oil payments go through Kunlun Bank.