Annual report gives little away on IPO. but offers hints about downstream plans.
Read More »BP: China a Leader in Renewable Energy
Last year the world’s carbon emission was flat from 2015. according to BP’s report.
Read More »Iran Fully Backs Nuclear Weapon Ban Treaty
Iran’s suggestion on making a free-nuclear-weapon zone in the Middle East is one of the brazen efforts of Iran in eliminating the threat posed by these weapons in the region.
Read More »China Imports of US Oil Increase at Unprecedented Speed
The upward trend seems to be picking up speed. In April and May. imports surged to more than 180.000 barrels per day on average.
Read More »Total Deal Opens New Chapter in Iran Energy Diplomacy
Iran’s annual petrochemical production capacity stands at 62 million tons and by the end of this year.
Read More »Iraq Drills First Well in Huwaiza Oil Field Near Iranian Border
OPEC'.s second largest producer. after Saudi Arabia. Iraq seeks to boost its production capacity to 5 million barrels per day by the end of the year.
Read More »Iran Expands Electricity Capacity Through Foreign Funds
Iran has signed agreements with Turkish investors to develop 5.000 MW of new power capacity.
Read More »Belgium to Help Boost Petrochemical Exports
European firms as well as Asian enterprises have already expressed their willingness to play an active role in developing Iran'.s lucrative petrochemical market.
Read More »Russia to Continue Working with Others to Harmonize Energy Markets
Russia has signed the Paris climate pact. but has not ratified it yet.
Read More »Surge in Libya and Nigeria’s Oil Production Could Provoke Deeper OPEC Cuts
The two African countries. together with resurgent U.S. shale plays. could raise oil production by 1.6 million barrels a day this year.
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