Norwegian Ambassador to Tehran Lars Nordrum in a tweet announced that Norway along with Sweden. Denmark. Finland. Belgium and the Netherlands will join EU’s trade mechanism with Iran entitled INSTEX.
Read More »Investment in Renewables Drop in Emerging Markets
China shocked the market in June 2018 by announcing that it would not issue approvals for any new solar power installations in 2018 and would also cut subsidies.
Read More »OPEC and Russia Likely to Extend Oil Production Cuts at Upcoming Meeting
There has been speculation that Russia may be unhappy with the production agreement. in part because its energy companies oppose it.
Read More »Shale still Challenging OPEC’s Output Strategy
The key mathematics of US shale oil growth have become more challenging. partly because of the rapid growth achieved in 2018.
Read More »Gulf State Investors Step In To Help Aramco Hit IPO Target
The offering to institutional investors. expected to raise about two thirds of the offering. closes on Dec 4.
Read More »Iran. Russia. China to Hold Joint Naval Drills in Indian Ocean Soon
Joint naval exercises of Iran. Russia and China will be organized in Indian Ocean in the near future.
Read More »Thousands of Planets Could Be Orbiting around Black Holes
Thousands of planets could be orbiting around black holes just like we orbit the Sun. according to scientists.
Read More »Iranian Nuclear Issue Has Reached a Critical Stage
China representatives will attend an upcoming meeting of JCPOA Joint Committee. adding that the Iran nuclear issue has come to a critical stage.
Read More »Oil Prices Slip despite Signs of Trade Hope
The Organization of the Petroleum Exporting Countries will meet on Dec. 5 and is expected to extend output cuts to the end of 2020.
Read More »Non-Oil Trade between Iran. Iraq Positive
Iran is ready to facilitate admission of Iraq’s export goods for balancing trade and business.
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