The OPEC+ decision to increase the reduction of oil output in the first quarter of 2020 was not linked to the Saudi Aramco IPO.
Read More »Germany Keeps Its Cool over U.S. Sanctions on Nord Stream 2
With around 160 kilometers left. the pipeline is designed to transport natural gas from Russia to Germany through the Baltic Sea.
Read More »Saudi Arabia. Kuwait Sign Deal to Resume Joint Oil Output
The deal could take as much as a year to bring the field back to full capacity.
Read More »Tajikistan Hosts Specialized Expo of Iranian Goods
A specialized exhibition of Iranian goods and services. and a joint business forum were held in Tajikistan’s capital Dushanbe.
Read More »Iran Exports in 8 Months Hit ‘Astonishing’ Figure of $27bn in Value
The total value of imports into Iran between March and November 2019 had stood at $28.3 billion.
Read More »Iran Enjoying 35 Million Tons of Steel Production Capacity
The country’s steel sector has been making progress under US sanctions.
Read More »Iran Ready for Talks if P5+1 Honor Their JCPOA Commitments
Tehran has not closed the window of dialogue and will be ready for talks if other parties fulfill their past commitments.
Read More »CNG-Powered Cars Could Generate $1.8b y for Iran
A senior Iranian official in petroleum refining affairs said converting petro guzzlers into CNG-run vehicles could generate 1.8 billion dollars in revenues for Iran annually.
Read More »Kuwait Could Agree in Days With Saudis on Neutral-Zone Oil
Kuwait and Saudi Arabia could reach an agreement by the end of this year to renew oil output.
Read More »China Hosts Japan. South Korea with Eyes on Nuclear North
China hosted the leaders of squabbling neighbors South Korea and Japan on Tuesday. flexing its diplomatic muscle with America’s two key military allies in Asia and seeking regional unity on how to deal with a belligerent North Korea.
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