Oil prices have fallen by more than $11 a barrel this year to $55. alarming producers.
Read More »Oil Climbs on Hopes for Output Cuts to Offset China Virus Impact
Producers are weighing further output cuts and moving a planned policy meeting to February rather than March.
Read More »Rosneft Signs Contract with Indian Oil to Supply 2 Million Tonnes of Oil to India
An important subject of talks between Sechin and Pradhan was the issue of providing Indian consumers with quality crude and petroleum-based products.
Read More »Iran. Afghanistan Sign MoU on Scientific Coop.
A ro memorandum of understanding (MoU) has been signed between Qom University of Medical Sciences in Iran and Khatam Al-Nabieen University in Afghanistan.
Read More »Bristol Council to Install Battery Storage Unit at City Hall
Bristol Energy estimates the project’s combined income and savings will be around £33.000 a year.
Read More »China to Continue Buying Oil from Iran
Chinese Ambassador to Iran Chang Hua reiterated his country’s support for Iran against the US sanctions and said the East Asian nation is the only country that buys oil from the Islamic Republic.
Read More »Iran. Armenia Continue Coop. Despite Sanctions
Regarding Iran'.s current situation it is possible to cooperate and work together during sanctions.
Read More »EU to Try to Keep JCPOA Alive
All of three European countries insisted that this is not a measure oriented to finish with JCPOA. but to try to keep it alive. to give time for negotiation.
Read More »U.S. Crude Oil and Natural Gas Production Increased in 2018. with 10% Fewer Wells
The total number of wells producing crude oil and natural gas in the United States fell to 982.000. down from a peak of 1.035.000 wells in 2014.
Read More »Iraq Is the Largest Oil Exporter to India
India'.s imports from the Middle East declined from 145.8 million tons in 2018 to 132.4 million tons last year.
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