Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The country’s budget for the next fiscal year still defines the official exchange rate of 4200 tomans to $1 for the import of basic and staple goods.
Read More »Basic Goods Imports Still on Official Exchange Rate for Next Year
Jam Petchem Plant Plans to Diversify Output
The National Petrochemical company had developed detailed plans for enhancing its output and carrying out new projects.
Read More »Saudis Unlikely to Push for Deeper OPEC Cuts
The 177th Meeting of the OPEC Conference is expected to be held December 5. 2019.
Read More »Iranian Power Producers Eyeing Further Exports of Energy
Iran is currently supplying Iraq. Afghanistan and Pakistan with electricity.
Read More »Exxon to Sell $25B of Oil and Gas Fields in Europe. Asia and Africa
Exxon'.s shares heavily underperformed relative to other Oil Majors over the past five years.
Read More »Russian Oil Production Costs among the World’s Highest
Oil production in Russia remains expensive compared to other parts of the world.
Read More »India`s Oil Demand to Double in Next Two Decades
The Indian government has been engaged in a major effort to introduce electric vehicles and use renewable energy for transport.
Read More »World`s Biggest Wind Farm Operator Makes First Tilt at Australia
Spanish-based Iberdrola has operations in Spain. Germany. France. the UK. Portugal. the USA. Mexico and Brazil.
Read More »IEA Sees Calm Global Oil Market in 2020 as New Supplies Soar
In the short term. the market ought to pick up as global oil demand growth accelerates.
Read More »CBI Governor Undermines Rial’s Downtick as Short Term Fluctuation
The recent minor loss of the national currency of rial’s value against foreign exchange is a minor fluctuation of no concern. advising the masses not to take the market of foreign currencies as an investment opportunity.
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