The new facility is expected to help the country achieve its 2022 clean energy goal.
Read More »U.S. Business Gauge Tumbles to Lowest Since 2013 on Virus
U.S. business activity shrank in February for the first time since 2013 as the coronavirus hit supply chains and made firms hesitant to place orders. a warning sign that the outbreak is starting to dent the world’s largest economy.
Read More »China Is Likely to See a V-Shaped Recovery. PBOC Deputy Says
China’s economy is likely to pick up quickly after the coronavirus is contained and stage a V-shaped recovery. according to a senior official with the nation’s central bank.
Read More »Oil Prices Down with Virus Rebound and Libya Risks
On Friday. Brent closed at $58.30 while WTI saw prices of $53.38 per barrel.
Read More »Iran Resumes Exports of Goods from Chazabeh Border to Iraq
Iran resumed exports of non-oil goods to Iraq from Chazabeh border. Khuzestan province.
Read More »Iran-Turkey border closed in Bazargan
Islamic Republic of Iran’s border with neighboring Turkey was closed today at noon and there is no transit of passengers or trucks via this border.
Read More »FATF Blacklisting to Serve as Justification for Inhumane Sanctions on Iran
Iranian President Hassan Rouhani condemned the Financial Action Task Force’s decision to blacklist Iran. saying the move will be used to justify the intensification of inhumane sanctions on the country.
Read More »UAE’s Latest Natural Gas Discovery Is a Game Changer
Currently. the majority of the UAE’s income is derived from oil exports.
Read More »Saudi Arabia will Launch Energy Strategy in 3 Months
The Kingdom consumes 688.000 barrels of liquid fuel to generate electricity.
Read More »Rosneft Shifts Exports to Affiliate. Skirting U.S. Sanctions on Venezuela
Moscow has been a crucial supporter of the Maduro regime over the years.
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