Iran is heavily dependent on natural gas and oil to generate power and one of the most energy-intensive countries in the world .
Read More »Petronas Drops Massive Natural Gas Project in Western Canada
A number of First Nations and environmental groups sued the federal government and Petronas unsuccessfully to try to stop the project.
Read More »Japan`s Japex Eyes Spot. Term LNG Contracts as Pacific NorthWest Falls Through
Under these alliances. Japex will own 33% of the power plant business.
Read More »Iraq Turns to Russia for Military Support. Oil Deals. Rebuild Infrastructure
Russia has made a tremendous contribution. in particular in Syria and Iraq. to prevent the disintegration of the region.
Read More »‘Iran Not Obliged to Contract Out Oil Projects to India’
Instead of making payments to Iran. India used the money for other activities such as making investments of its own.
Read More »EU Council to Discuss Nord Stream 2 Project in September
The European Commission requested the mandate to hold talks with Russia on Nord Stream 2 gas pipeline from the European Union member-states on June 9.
Read More »Shell Eager to Sell Iranian Jet Fuel in Persian Gulf
Fuel prices in Iran are among the cheapest in the world even after the government cancelled offering oil products at subsidized prices in May 2015.
Read More »Shell Interested in Potential Business with Iran
Both Total and Shell have signed a memorandum of understanding (MoU) with Iran on Petrochemical sphere in 2016.
Read More »OPEC Oil Prices Rise
On July 26 oil prices continue rising.
Read More »U.S. Sanctions 13 Senior Venezuelan Officials
The U.S. Treasury Department will issue a sanctions announcement later on Wednesday.
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