Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Currently. the majority of the UAE’s income is derived from oil exports.
Read More »UAE’s Latest Natural Gas Discovery Is a Game Changer
China could Expand Its Solar Industry by 50% in 2020
The solar industry was among those that suffered from the novel coronavirus outbreak in China.
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 »Saudi Arabia’s Oil Exports Dropped 11% in 2019
The slowdown in China’s industrial activity is causing the worst shock to oil demand in over a decade.
Read More »Coronavirus will Hit Oil Hard
The Covid-19 virus will reduce China'.s first-quarter oil demand by just 160.000 barrels a day from last month'.s estimate.
Read More »OPEC Cuts 2020 Oil Demand Outlook amid Coronavirus Uncertainty
Global benchmark Brent crude has fallen to around $55 a barrel this year. alarming producers.
Read More »Russia Wants more Time to Mull Output Cuts
Moscow needs more time to assess the situation. stopping short of giving a clear Russian position on the proposal.
Read More »India Surges Ahead in Global Solar Race
India has installed 31 gigawatts (GW) of solar capacity.
Read More »China Coronavirus could Push Oil down by $3
Most of the demand loss will come from jet fuel as the risk of disease discourages travelers from getting on a plane.
Read More »Deal with OPEC Helps Russia Double Its National Wealth Fund
The group of 24 major oil producers. including Russia. has been trying to erase an oil glut.
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