The Spokesperson of the Iranian foreign ministry Abbas Mousavi called for full commitment of Europeans to their JCPOA obligations.
Read More »Saudi`s $100 Billion Shale Plan
Saudi Aramco has announced that it will be pumping $110 billion over the next couple of years to develop the Jafurah gas field.
Read More »Iran not to Count on US Offer of Coronavirus Aid
Iran with cooperation of all organizations including the Foreign Ministry is seriously dealing with the issue.
Read More »Oil Major Expects Oil Production will Peak In 2025
Eni’s plan today includes upstream production growth at an annual rate of 3.5 percent up to 2025.
Read More »Putin Says Current Oil Prices Acceptable
OPEC+ group as an effective mechanism will preserve long-term stability.
Read More »Several Aircraft Repaired by Iran’s First Female Mechanic of MD-80 Planes
Narjes Mortezavi is the first female Iranian MD-80 planes mechanic who has the CAT C certificate to repair aircraft.
Read More »World Economy Faces Worst Year Since 09 as Virus Hopes Fade
The world economy may be heading for its worst performance since the financial crisis more than a decade ago as the spread of the coronavirus increasingly dashes hopes of a swift rebound.
Read More »EU Walks Turkey Tightrope With Limited Sanctions on Drilling
The European Union blacklisted two Turkish nationals as retaliation over Ankara’s energy drilling off Cyprus in a move that has more political symbolism than economic punch.
Read More »Saudis May Yet Get OPEC+ Deal from Recalcitrant Russia as Crisis Grows
Saudi Arabia has so far been thwarted by Russia in its push to shore up oil markets against the coronavirus. But when they meet next week. the humbled kingdom may yet clinch victory.
Read More »OPEC could Deepen Oil Supply Cuts with or Without Russia
Saudi Arabia wants to hold prices from falling. but Russia is still not agreeing.
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