JCPOA was signed in July 2015 between Tehran on the one hand and the US. the UK. France. Russia. China and Germany. on the other.
Read More »Malaysia Plans to Open Palm Oil Office in Iran
Malaysia exports about RM1 billion of palm oil to Iran.
Read More »Amano: JCPOA Changed the Course on Iran from Confrontation to Cooperation
We will continue to use our verification expertise to help make the JCPOA sustainable.
Read More »Turkmenistan Actively Building its TAPI Section
Insulation of the pipe connections. trenching. laying and backfilling of the pipes are underway.
Read More »Russia Makes A Move On Asian Oil Markets As OPEC Cuts
Russian oil producers achieved a major milestone in 2016.
Read More »Europe to Receive Iran’s Biggest Oil Import in 5 Years
The highest amount of Iranian crude in almost five years will be exported to Europe this month.
Read More »Kuwait Spends $115B in Energy over Five Years. Sees Oil Market Balance This Year
Oil will trade at $55 to $60 a barrel this year and Kuwait is assuming a $45 price in its budget for fiscal year 2017-18.
Read More »Iran Oil Output. Shipments Up
Iran agreed in November to cap its oil output at an average of 3.797 million barrels for the first half of 2017.
Read More »Iran Starts Sending Own Oil Tankers to Europe
Iran has reportedly started sending its first direct shipments of crude oil to Europe.
Read More »Oil Rises Near US$53 as Iraq Says Close to Full OPEC Cut Pledge
The market is waiting to see how the Opec cuts and US supply situation plays out.
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