Iranian President Hassan Rouhani unveiled four new and optimized domestic cars that are ready to be put on the market.
Read More »Oil Near One-Month High on Supply Threats. Easing Demand Woes
Conflict in Libya that has led to a blockade of its ports and oilfields shows no signs of a resolution.
Read More »Iran Envoy. OPEC Sec-Gen Review Oil Market Issues
OPEC is to hold a meeting at the level of minister in Vienna. Austria. on March 5.
Read More »LNG Market Rout Offers Glimmer of Hope
The hit to Chinese demand for LNG due to coronavirus has exacerbated the already weak market.
Read More »Shell. Subsea 7 Ink Five-Year Digital Transformation Program
Subsea 7’s Life of Field business unit. and Shell International Exploration &. Production. Inc. have entered into a collaborative technology agreement to accelerate subsea digitalization.initially for a period of five years from the fourth quarter of 2019.
Read More »Oil’s Five Day Rally Ends. Revealing Longer-Term Price Weakness
A five-day rally in oil prices ended as investors found new reasons to worry about how fuel demand will be affected by the impact of Asia’s deadly coronavirus.
Read More »U.S. Sanctions Russian Producer Over Links to PDVSA
The U.S. sanctioned a unit of Russia’s largest oil producer Rosneft PJSC for maintaining ties with Venezuela’s Nicolas Maduro and state-run oil company PDVSA.
Read More »Russia Rejects US Sanctions against Rosneft Trading S.A
The U.S. special envoy for Venezuela Elliott Abrams said his government would soon apply more sanctions against Caracas.
Read More »Scottish Power Launches 100% Green Energy Tariff
It is the first integrated energy company in the UK to shift entirely to wind generation.
Read More »Saudi Arabia. Russia Discuss the Future of Global Oil Market
OPEC+ oil ministers will meet in Vienna on March 6.
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