The meeting decided that the next OPEC and non-OPEC Ministerial Meeting would convene in Vienna. Austria. on December 6. 2019.
Read More »EVBox and Smappee Team Up to Roll Out Smart Chargers
The new solution allows users to connect solar panels to their home charging station.
Read More »Iran’s Oil Minister Warns Russia-Saudi Alliance could Kill OPEC
Tehran has no problem with reducing global crude production.
Read More »OPEC Cooperation Charter Not Contradictory to General Provisions of OPEC Statute
13 OPEC member states added a paragraph to the OPEC-non-OPEC Cooperation Charter in the organization’s 176th meeting to get the approval of Iran which had seriously opposed the charter.
Read More »OPEC Extends Oil Cuts Until March 2020
OPEC agreed to extend cuts to their supply of oil to the international markets for another nine months as they seek more stable prices amid an increase in oil production in the United States.
Read More »Iran to Mirror EU Level of Commitment to N. Deal
Iran will simply mirror the level of commitment shown by the European side.
Read More »Europe Not to Take Any Steps in INSTEX without US Permission
A prominent Iranian analyst voiced pessimism about the efficiency of the Europe-proposed Instrument in Support of Trade Exchange (INSTEX) for trade with Iran. stressing that the European states adopt all their measures in coordination with Washington.
Read More »Iran. Iraq to Start Constructing Rail Link within Months
Iranian officials announced that the construction of the 32-kilometer railway connecting the city of Shalamcheh in Southwestern Iran to Basra in Southern Iraq will kick off in the next few months.
Read More »Iran. Iraq Move Closer to Dredging Arvand Rud
Tehran and Baghdad have already signed an agreement to resolve disagreements over Arvand Rud based on the 1975 Algiers Accord.
Read More »Iran Condemns US’ Influence on OPEC against Tehran. Caracas
Tehran lashed out at Washington for its attempt to wield influence on the Organization for Petroleum Exporter Countries (OPEC) through Saudi Arabia to undermine the role of Iran and Venezuela as the two major members of the oil cartel.
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