According to the agreement. Iran scaled back its nuclear activities in exchange for termination of economic and financial sanctions.
Read More »Libya`s Big Challenge. Fuel Smuggling
Between 30 and 40 percent of fuel refined in Libya or imported into the country is stolen or smuggled.
Read More »Russia. Iran can Extend Oil Supplies Agreement for 5 Years
In May 2017. Iran and Russia reached an agreement to begin oil supplies under the oil-for-goods program established back in 2014.
Read More »Trump Administration Delays New Sanctions on Russia
The United States has taken a series of recent measures against Russia.
Read More »Essar Settles $2.5b Oil Dues
Essar currently operates 4.500 fuel stations in India.
Read More »Trump to Impose New Sanctions on Russia over Syria Gas Attack
New sanctions on Monday would be the third round enacted by the Trump administration against Russia in the past four weeks.
Read More »The Bullish Case for Oil
Syria is not the only hot spot that is driving oil prices higher up. but it is certainly the hottest.
Read More »South Korea`s Import of Iranian Crude Down in March
The country’s final data for March crude imports data will be released by state-run Korea National Oil Corp (KNOC) later this month.
Read More »Iraq Extends International Oil Auction
The region'.s second-largest producer had earlier invited bids by April 15.
Read More »Korean KTC to Build Solar Plant in Iran
With the construction of the mentioned solar plant and wind farm. KTC will also transfer new technologies to the country.
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