Iran’s Southeastern port of Chabahr is very important for Russia. and President Vladimir Putin believes that the port can ease transportation of goods to the Gulf of Oman. other countries and the Indian subcontinent.
Read More »China’s CNPC Backs out of Venezuela Oil Deal in Wake of Ramped up US Sanctions
China has imported 339.000 barrels a day of Venezuelan oil this year.
Read More »Iranian Oil Prices Increase in July as OPEC Production Falls
The Average of Iranian crude oil prices from the beginning of 2019 has been $63.15.
Read More »Solar Power Reaches Grid Parity in China
New research suggests subsidy-free solar projects could be built in most cities across China at a cheaper price than energy supplied by the grid.
Read More »Contracts for Difference Bidding Window Extended After Legal Action
The process is expected to be delayed following the legal challenge from an unnamed complainant.
Read More »Banks Renewables Behind CfD Legal Challenge
It has launched judicial review proceedings against what it says is the government’s discrimination of onshore wind in favour of offshore wind in its CfD auctions.
Read More »US Crude Supply Expands amid Import Surge. Refinery Slowdown
US gasoline stocks fell 1.41 million barrels last week to 233.76 million barrels.
Read More »Saudi Aramco`s Share in the World`s Fastest Growing Oil Market
Russian exports to India jumped fivefold to 3 million tons in the year ending March 2018.
Read More »Australia on Track to Become World’s Largest LNG Exporter
Its export capacity increased from 2.6bn cubic feet per day (Bcf d) in 2011 to more than 11.4Bcf d this year.
Read More »Small Energy Supplier Solarplicity Goes Bust
The company has around 7.500 domestic and less than 500 business customers.
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