OPEC and its allies have been reducing oil output by 1.2 million barrels per day since Jan. 1 to support the market.
Read More »Iran. Russia. Azerbaijan to Boost Trilateral Coalition
Presidents of Iran. Russia. and Azerbaijan will convene in the Russian resort city of Sochi in August to further work on ways to boost tripartite cooperation to form a strong regional bloc of trade and transit.
Read More »Iran. Russia Intensify Economic Cooperation Talks in Tehran. Isfahan
Iranian and Russian officials. businessmen. and economic activists started two 3-day economic events in the Iranian cities of Tehran and Isfahan in a bid to discuss avenues for bolstering economic relations.
Read More »Tanker Attacks Hits Oil-Import Dependent Asia
Japan is the world’s fourth-largest consumer of oil — after the US. China and India.
Read More »IEA and African Union Hold First Ever Ministerial Meeting on Development of Africa’s Energy Sector
The International Energy Agency co-hosted a joint ministerial summit with the African Union Commission (AUC) that brought together high-level representatives from government and industry to discuss the development of Africa’s energy sector.
Read More »International Action Can Scale Up Hydrogen to Make It a Key Part of a Clean And Secure Energy Future
The world has an important opportunity to tap into hydrogen’s vast potential to become a critical part of a more sustainable and secure energy future.
Read More »350 MW to Be Added to Iran’s Power Generation Capacity Soon
Three power plants with a total capacity of 350 megawatts (MW) of electricity will be added to Iran’s national grid in coming days. the managing director of the Thermal Power Plants Holding Company (TPPH) announced.
Read More »UN Official Says Iran Has Means. Will for Environmental Protection Investment
An under-secretary-general of the United Nations lauded Iran’s means and will for investment in environmental protection plans on the road to sustainable development.
Read More »Iran Nuclear Deal Implementation Only Logical. Correct Path
Under the JCPOA. Iran undertook to put limits on its nuclear program in exchange for the removal of nuclear-related sanctions imposed against Tehran.
Read More »Iran Enjoying Sanctions-Busting Economic Plans
Tehran has developed new methods for countering US’ unilateral sanctions. adding that the new plans are being further calibrated to yield better results for the country’s economy.
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