Lebanon has 95.9 trillion cubic feet of gas and 865 million barrels of oil in just 45 percent of its economic waters.
Read More »EU Plans to Set Up Nuclear Security Center in Iran
The European Union plans to establish a nuclear security center in Iran.
Read More »Google. Microsoft. and Big Tech are Automating the Climate Crisis
Last year. Google quietly started an oil. gas. and energy division.
Read More »US Warns India Purchase of Venezuelan Oil
Trump gave India a temporary exemption from the embargo. which carried economic penalties for violations.
Read More »Trade with Iran Part of SPV Payment Mechanism
Trade and commerce with Iran is part and parcel of INSTEX.
Read More »Germany. France. UK to Set Up EU Channel for Transactions with Iran
The European transactions channel for Iran will be called INSTEX (Instrument in Support of Trade Exchanges).
Read More »South Korea Resumes Crude Oil Imports from Iran
Trump had no choice but to exempt some importers of Iranian oil. including India. South Korea. China and Japan from the order.
Read More »Libya’s Huge Oil Field. Sharara
Libya’s oil production and exports have been severely disrupted since early December.
Read More »Iran Remains Committed to JCPOA
Iran has shown maximum self-restraint while working constructively with others to rectify the devastating effects of US’ violation of the deal.
Read More »EU to Continue to Work on SPV Mechanism with Iran
SPV is a financial mechanism that the European Union has proposed to facilitate trade with Iran.
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