The majority of the loan will reportedly be used for conducting several joint power plant projects in Iran.
Read More »Exxon to Sell $25B of Oil and Gas Fields in Europe. Asia and Africa
Exxon'.s shares heavily underperformed relative to other Oil Majors over the past five years.
Read More »Less Privileged Classes to Pocket Revenues from Gas Price Rise
A total sum of $2.5 to $2.4 billion is estimated to be earned from the gas price hike in the country.
Read More »Less Privileged Classes to Pocket Revenues from Gas Price Rise
The government is currently offering around $108 billion hidden subsidies and the correction in gas price will recover around $2.5 billion of objective-less subsidies.
Read More »Leader Voices Support for Govt`s New Gasoline Plan. Cautions against Impacts on Other Goods` Prices
Supreme Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei underlined his support for the government plan to increase the gasoline prices. but meantime. called on officials to prevent its impacts on other commodities'. prices.
Read More »Iran Increases Gas Price to Curb Smuggling. Boost Aid Packages
The NIOPDC issued a statement. announcing new pricing for gas in Iran. adding that there will be no change in diesel and CNG prices.
Read More »Britain’s Grain LNG Terminal Sets European Record for Gas Exports
It exported 698GWh of gas to the UK grid. which is enough to supply to all of London and the South East.
Read More »Fossil Fuel Reliance Remains Stubbornly High
The global value of fossil fuel consumption subsidies in 2018 was nearly double the combined value of subsidies for renewable energy and electric vehicles.
Read More »Qatar will Join Gulf Producers in Oil-Price Formula Overhaul
Qatar Petroleum is also planning to set its official selling prices at a differential to regional benchmark grades such as Dubai and Oman.
Read More »IEA Highlights Deep Disparities in Global Energy Systems
Nuclear generation totals 3435 TWh and 4409 TWh in 2030 and 2040. respectively. under this scenario.
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