US Energy Bodies Unite Against Senate Tax Bill
madaresharghi With the Senate Republican tax bill racing towards a contentious vote despite numerous obstacles, a group of American energy trade bodies have penned an open letter raising urgent concerns ...
China Ready to Introduce Oil Futures
madaresharghi China is in the final stages of preparation to launch crude oil futures, the vice chairman of the country’s securities regulator said on Saturday. “After years of preparation, crude ...
Lukoil Not Seeking Compensation for Crude Output Cuts
madaresharghi Russia's second-largest crude producer Lukoil has not asked for any additional compensation in return for curbing production in line with the extension of the OPEC and non-OPEC production cut ...
Russia Takes Action to Clean Up Soviet Era Nuclear Waste
madaresharghi Confronting one of the most hazardous environmental legacies of the Soviet era, Russian authorities are taking steps to clean up a decades-old problem posed by nuclear waste in Arctic ...
Europe Receiving 40% of Iran's Crude Oil Shipments
madaresharghi Asian markets continue to remain the largest recipient of Iranian crude, as European customers account for around 40% of Iranian oil exports. Iran shipped 60% of its crude exports ...
MIT Study Suggests US Overstates Shale Forecasts
madaresharghi Turns out, America’s decade-long shale boom might just end up being a little too good to be true. Hydraulic fracturing, or fracking, has turned the US into a force ...
New Photovoltaic Panel Technology Indigenized
madaresharghi Iranian researchers have devised a way to develop solar photovoltaic panels based on an environmentally-friendly and cost-effective technology. A group of experts at state-owned Khuzestan Regional Electricity Company and ...
Iran Gov't May Plan Fiscal Budget on $55 Crude
madaresharghi Confident of higher oil prices and improved outlooks for global markets, Iran may plan its budget for the fiscal 2018-19 based on a crude price of $55 per barrel, ...
Russia’s Oil Output Rises
madaresharghi Russian oil output rose to 10.94 million barrels per day in November from 10.93 million bpd in October, its energy ministry data showed on Saturday. In tons, oil output ...
Iraq's Nov. Oil Exports From South Up at 3.5 Million bpd
madaresharghi Oil exports from Iraq’s southern ports rose to an average of 3.5 million barrels per day in November from 3.35 million bpd in October, Basra Oil Company Director General ...