Tag Archives: Sanctions

.The plants were developed by the Renewable Energy Organization of Iran. known as SUNA

Iraq was close to implementing its share of the agreed production cuts and would be in full compliance by the end of the month

. Iran ranks first in the world in terms of gas reserves and is also among the countries rich in oil

.Iran will launch new contracts to develop oil and natural gas fields in mid-February

.Iran is transferring its experiences to Iraq. Syria and other countries by sending military advisors to these countries

.Production increased throughout 2016. rising from 2.94 million bopd in January to 3.7 million bpd by November

.World oil prices are rising on Feb.3 on threat of US imposing new sanctions on Iran

.The NITC chief said his company has signed deals with foreign companies for leasing 35 tankers

Iran was exempted from an OPEC deal in January to reduce output by 1.2 million barrels per day (bpd)

.In 2015. Iran used to export less than half the amount of oil to India. so it stood at the seventh position