The fear of another attack could affect oil prices every time.
Read More »Norway’s Sovereign Fund Scales Back Plans to Dump Oil
It now intends to sell stakes in 95 companies compared to initial plans to divest from 134 firms involved in oil and gas exploration and production.
Read More »UK Commits £220m for Nuclear Fusion Power Plant by 2040
The UK Atomic Energy Authority will work with industry partners and academics and aim to complete the design by 2024.
Read More »Chabahar to Play Bigger Role in Iran Steel Output
Plans are underway to increase the steel output in Chabahar district of Iran’s Sistan and Baluchestan province to 10 million tons per year by 2025. said the managing director of Chabahar Free Trade Zone.
Read More »Peugeot 301 to Hit Domestic Car Market Next Year
Chief Executive of Iran Khodro Industrial Group (IKCO) Farshad Moghimi said on Friday that ‘Peugeot 301’ sedan will hit the domestic car market during the first half of the next Iranian calendar year.
Read More »Auto Parts Makers Hopeful about Joint Production by Iran. Russia. Turkey
Joint manufacturing of cars by Iran. Turkey and Russia will be welcomed by 800 million customers in the 3 countries and their affiliate markets.Head of the Iranian Automotive Parts Manufacturers Association.that Turkey first proposed the idea 2 years ago.
Read More »Ecuador will Leave OPEC to Boost Oil Revenues
Ecuador has been in breach of its promised production limits every month this year.
Read More »Iran Expecting $21 bln Revenues out of Minerals Exports
Iranian Minister of Industry. Mine and Trade Reza Rahmani said that his country has taken the necessary steps to reap more than $21 billion through exporting mineral products by the end of the current local calendar year on March 20. 2020.
Read More »Iran Proposes Raising Share of Natural Gas in Global Energy Market to 30 Percent by 2040
Iranian Oil Minister Bijan Zangeneh proposed energy suppliers to try to increase the share of natural gas to 30 percent in the world energy mix by 2040.
Read More »A Look Into Iran’s PGPIC After Sanctions Hit the Holding
As Iran’s largest petrochemical group which extends to 39 subsidiaries and foreign-based sales agents. Persian Gulf Petrochemical Industries Company (PGPIC) has been considered one of the most profitable entities in the country’s economic body.
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