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Oil & Gas Trade
Due to US Sanctions of Iran Export Oil, Turkey's Energy Security will be Crucial
Turkey is aiming to become a $1 trillion economy by 2023. If the story of the country’s economic development is to continue, its energy security will be crucia…
Oil & Gas Trade
BP Said "Certainly Not Sending British Ships and Crews" Through the Strait of Hormuz
BP plc, the British oil giant that had to shelter one of its tankers in the Persian Gulf this month in fear it could be targeted by Iranian forces, is avoiding …
Official Report:China,Iran Can Join Hands Facing the Unilateral Sanctions And “American Bullying”
A senior Chinese official has called for Tehran and Beijing to join forces in confronting US pressures as he stressed that China’s resolve to develop relations…
New Prime Minister Boris Johnson Expressed Continued Support for the Iran Nuclear Deal
The new UK government led by Prime Minister Boris Johnson expressed continued support for the Iran nuclear deal at a crisis meeting of international powers tryi…
Oil & Gas Trade
US Sanctions Have Taken 95% of Iranian Crude Oil Exports Off The World Market
In an appearance at The Economic Club of Washington, DC, Pompeo said sanctions, which were fully imposed in May, have had seemingly no impact on global crude oi…
Thermal Plant
Iran' s Thermal Power Generation Among Top 9 in World
Iranian thermal power plants have a 65-gigawatt production capacity which makes the country the 9th in the world in terms of electricity generation.
Thermal Plant
Over Two Thirds of Iran' s Thermal Power Capacity Privatized
Iran' s Ministry of Energy has released new data showing that the private sector owns over two thirds of the capacity of thermal power plants across the country…
Oil & Gas Trade
Britain' s Seizure of an Iranian Oil Tanker in Gibraltar is a Violation of the Nuclear Deal
Britain's seizure of an Iranian oil tanker in Gibraltar is a violation of the 2015 nuclear deal, Abbas Araqchi, a senior member of the team who negotiated the d…
Oil & Gas Trade
China’s Customs Authorities Show Iranian Oil Imports Declined Further in June
The latest figures issued by China’s customs authorities show Iranian oil imports declined further in June reaching a low of 208,205 barrels per day, down 60 p…
Oil&Gas Drilling
Is the United States Really Energy Independent?
Like Iran, we have a refinery problem. Is the United States really energy independent? Is Iran? As the two nations inch toward confrontation, the complexity of …
Oil & Gas Trade
Saudi Arabia is Looking to Raise the Capacity of its East-West Oil Pipeline to 7 Million Bpd
Saudi Arabia, the world’s top crude oil exporter and the largest oil producer in OPEC, is one of the few oil producers in the Middle East that have some altern…
Oil & Gas Trade
China’s Relationship with Iran is Being Put to the Test After US Sanctions
China’s relationship with Iran is being put to the test after US president Trump slammed sanctions on Chinese state-run energy company Zhuhai Zhenrong for alle…
Oil & Gas Trade
Iran Foreign Minister Said Iran will Use its Best Efforts to Secure the Strait of Hormuz
Iran will secure the Strait of Hormuz and not allow any disturbance in shipping in the key oil transport waterway, Iranian Deputy Foreign Minister Abbas Araqchi…
Oil & Gas Trade
China’s Foreign Ministry Said that it Strongly Opposes U.S. Sanctions
China’s foreign ministry said on Tuesday that it strongly opposes U.S. sanctions on a Chinese energy firm for allegedly violating restrictions imposed on Iran…
Oil & Gas Trade
U.S. Sanctions Chinese State Energy Company Zhuhai Zhenrong Co. Ltd. for Buying Oil From Iran
In an address at an event in Florida on Monday, U.S. Secretary of State Mike Pompeo said that the United States has blacklisted Chinese state energy company Zhu…
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