Europe is duty-bound to purchase Iranian crude to keep the nuclear deal alive. reminding that the European'.s offered INSTEX mechanism requires financing that should happen through crude revenues.
Read More »IEA and African Union Hold First Ever Ministerial Meeting on Development of Africa’s Energy Sector
The International Energy Agency co-hosted a joint ministerial summit with the African Union Commission (AUC) that brought together high-level representatives from government and industry to discuss the development of Africa’s energy sector.
Read More »UN Official Says Iran Has Means. Will for Environmental Protection Investment
An under-secretary-general of the United Nations lauded Iran’s means and will for investment in environmental protection plans on the road to sustainable development.
Read More »Iran Nuclear Deal Implementation Only Logical. Correct Path
Under the JCPOA. Iran undertook to put limits on its nuclear program in exchange for the removal of nuclear-related sanctions imposed against Tehran.
Read More »UN Chief Urges Investigation into Gulf of Oman Attacks
UN Chief urged Friday an independent probe to investigate recent attacks on two oil tankers in the Gulf of Oman.
Read More »U.S. Blames Iran for Oil Tanker Attacks as Gulf Tensions Climb
The Trump administration blamed Iran for attacks on two oil tankers near the entrance to the Persian Gulf. escalating tensions between the two rivals despite denials from officials in Tehran that they were behind the incidents.
Read More »U.S. Oil Gas Output Surge Sets Country Increase Record
U.S. natural gas and crude oil production increased last year at the fastest pace ever for a single country.
Read More »IAEA Focus on Verification and Development
The JCPOA represents a significant gain for nuclear verification.
Read More »Iran`s Bank Mellat Sues UK for $1.6 Billion in Damages
UK High Court this month will take up a case brought by Iran’s Bank Mellat against the British government over a 2010 freeze of assets. for which the lender is demanding $1.6 billion in compensation.
Read More »China’s Bank of Kunlun Resumes Operations in Iran
China’s Bank of Kunlun has revived operations in Iran. Vice Chairman of Iran Chamber of Commerce. Industries. Mines and Agriculture (ICCIMA) Pedram Soltani tweeted.
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