Iran has already carried out necessary work in 3 4 of the railway and is committed to bringing the project to completion.
Read More »The Mideast has Oil. China has Rare Earths
China accounts for 85 percent of the world’s production of rare earths.
Read More »Libya Restarts Production at El Sharara Oil Field
The field produces about 290.000 barrels per day (bbl d). accounting for a quarter of Libya’s oil production.
Read More »Iran’s Exports Outshine Imports in Q2 2019 with $1.5 Billion Surplus
Latest official reports from Iranian authorities show that the country’s export has preponderated over its imports in the second quarter of 2019. indicating that Tehran’s economic policies to cushion Washington’s unilateral pressures are bearing fruit.
Read More »Adnoc Buys Stake in Global Oil Storage Operator
In February. Adnoc announced that it is building the world’s largest single underground project for oil storage.
Read More »Tajikistan Eyes Accessing Open Waters through Iran
Iran has provided much assistance to Tajikistan in this regard. including the Tajikistan Independence Tunnel Project.
Read More »IRGC Seizes Foreign Vessel Smuggling Fuel from Iran
The Islamic Revolution Guards Corps (IRGC) Navy announced that it has impounded a foreign vessel near the Farsi Island in the Persian Gulf for smuggling 700.000 liters of fuel from Iran.
Read More »Caspian Sea’s Legal Regime Still under Negotiation
All the five littoral states have been trying to reach a solution on the issue.
Read More »Stranded Iranian Vessel Heading Back Home from Brazil. 2nd Ship to Follow
Brasilia and Tehran have long enjoyed a good history of political and economic relations.
Read More »Russia Competes with Saudi Arabia for Asia`s Oil Market Share
For Russia. the ongoing OPEC+ production cap deal allows it a lot more flexibility that it allows Saudi Arabia.
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