World’s population will increase to more than 9 billion by 2050.
Read More »Iran will Reject Saudi-Russia Proposal to Increase Oil Production
OPEC members and independent producers will meet in the Austrian capital. Vienna. on 22 June to discuss a future production policy.
Read More »Russia will Develop Two Joint Fields between Iran.Iraq
Iran is negotiating with Russia’s Gazprom Company for the development of Azar and Changooleh oilfields shared between Iran and Iraq.
Read More »Saudi Arabia Holds all the Cards despite Iran Threatening to Block oil output
Tehran says it has Iraqi and Venezuelan support to veto any proposal for more output.
Read More »With OPEC Meeting. Where Are Oil Prices Headed?
OPEC members. including Saudi Arabia. and other oil producers will meet in Vienna this week.
Read More »Iran Oil Exports Slide in Early Ship Data after Trump Sanctions
One bright spot for Iran is its first delivery of crude to Chile in at least 16 years.
Read More »South Korea Oil Imports Fell to Lowest Level over the Past Two Years
The US president had already emphasized that the regime of sanctions he plans to impose on Iran will be ``at the highest level``.
Read More »India`s SBI to Stop Handling Iran Oil Payments
India'.s SBI to Stop Handling Iran Oil Payments.
Read More »OPEC Resistance to Saudi Plan as Iraq Objects
Saudi Arabia has enjoyed diplomatic ties with the US for decades.
Read More »Armenia Plans to Boost Gas-Electricity Transition with Iran
Yerevan Thermal Power Plant is willing to import more gas to deliver more power to Iran in peak demand hours.
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