Oil gained after its biggest weekly slump since July ahead of the resumption of U.S.-China trade talks that may sway a cloudy demand outlook.
Read More »U.S. to Offer 78 Million Gulf of Mexico Acres in 2020 Lease Sale
The sale would include all available unleased areas in federal waters of the Gulf of Mexico that are not subject to Congressional moratorium.
Read More »Eastern Iranian Province’s H1 Non-Oil Exports to Afghanistan Hit $151 Million
Iranian traders and companies have exported some $151 million worth of non-oil goods to Afghanistan through the Eastern province of Southern Khorassan in the first 6 months of the current local calendar year.
Read More »Isfahan Hosts Gas Turbine Training Course for Iraqi Oil Experts
The course was held in the framework of cooperation between Iran and Iraq in the field of the petroleum industry.
Read More »Iran. Iraq Poised for $20 Billion Annual Trade by 2021
Iranian Industry Minister said that his country and Iraq have the potential to increase the volume of their bilateral trade to $20 billion by 2021. adding that Tehran and Baghdad are determined to meet the objective.
Read More »Estonia should not Overlook PV Potential in Green Energy Shift
Solar’s cost-efficiency will help it become a ``competitive player`` in Estonia’s reverse auction scheme.
Read More »Ecuador’s Decision to Withdraw from OPEC Came as Surprise to Organization
Ecuador’s oil reserves are estimated at 8.3 bln barrels of oil. Oil production in 2018 was at 517.000 barrels per day.
Read More »Russia’s Gazprom and Germany’s Linde to Establish Engineering JV
The companies plan to provide services for the commissioning and operation of LNG plants.
Read More »Too Early to Discuss Deeper Output Cuts
OPEC is counting on Russia to help sooth tensions between Iran and Saudi Arabia in order to help the global oil market stabilize.
Read More »No Restriction Facing Iran-Russia Trade
Deputy Prime Minister of Russia’s Republic of Bashkortostan (known as Bashkiria) Andrey Nazarov said that there is no restriction facing the expansion of business transactions between Islamic Republic of Iran and Russia.
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