Iran is now exporting around 12 billion kilowatt-hours (kWh) of electricity to its neighbors each year.
Read More »Iran. Armenia Discuss Oil. Gas Cooperation
Iran and Armenia have increased efforts to promote their mutual cooperation.
Read More »2 Gulf Oil Ministers Mum on Issue of Oil Production Cuts
Both OPEC and non-OPEC members are expected to continue the cuts into 2018 to help keep prices rallying.
Read More »OPEC’s Most Unpredictable Member
In just one month. Iraq turned from cheater to complainer. after clashes in Kurdistan added some geopolitical risk premium to oil prices.
Read More »Venezuela`s Maduro Appoints New Oil Minister in Fresh Era for PDVSA
Maduro affirmed that the year 2018 will be a break from the oil model towards other economic sectors.
Read More »Aramco Sees Oil Market Balanced as UAE Dismisses Shale Threat
Oil markets are on track to come into balance next year.
Read More »Iraq and Kuwait Near Agreement on Price for Gas Exports
Iraq hired Japan’s Toyo Engineering to help build the project.
Read More »`Trump Talks Too Much`: Iran Shrugs Off Oil Boycott Threat
Iran'.s oil exports have nearly doubled since January 2016.
Read More »Massive Power Crisis Looms over Pakistan
Acute shortage of natural gas. furnace oil led to closure of several power plants. officials say.
Read More »Russia Slams US. EU Sanctions on Oil Exporting Nations
Russia'.s oil minister told representatives of gas exporting nations that EU and U.S. sanctions against oil exporter'.s are ".unacceptable.".
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