The four-year project is backed by some of the world’s biggest energy companies.
Read More »OPEC+ Boasts 159% Compliance with Oil Production Cuts
The Saudis have vowed to keep production well below 10 million bpd.
Read More »Changing Supply Picture in LNG Market
Australia’s last project of the first wave of LNG capacity construction. Shell’s Prelude. started shipping gas in June this year.
Read More »Iran Posts 11.6% Rise in Steel Output in Q1
The Iranian Ministry of Industry. Mine and Trade said that the country has produced some 7.2 million tons of steel products in the first 4 months of the current local calendar year.
Read More »Oil Rises as Trump Predicts Trade Deal with China
Oil prices have fallen around 20% from a 2019 high reached in April.
Read More »Iran will Export $100mln Nano Products this Year
Iran’s expertise on nanotechnology has reached to over 15 industrial sectors.
Read More »More Than 100 Suppliers to Converge at Scottish Offshore Wind Event
An event in Inverness today will bring together more than 100 supply chain companies that have joined the recently established DeepWind Offshore Wind Cluster.
Read More »Iran to Scrap Rial for Good as Parseh Becomes Small Currency Unit
The rial. the currency unit used consistently in Iran for almost a century. will be totally abandoned once the country introduces a redenomination.
Read More »US-China Trade War has Negative Impact on Oil Markets
China had seen a rapid pace of growth in imports of US crude.
Read More »Crude Oil Futures Fall on Escalating US-China Trade Tensions
The US will raise the tariff on $250 billion worth of Chinese imports from 25% to 30% on October 1.
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