The world's oil supply fell last month, the International Energy Agency said Wednesday, amid rising global tensions as US sanctions on Iran tightened and OPEC+ members produced less crude in line with their pact.
The first phase of gas supply to Chabahar power plant will be complete by late May delivering a million cubic meters per day of natural gas to the facility, said an official at National Iranian Gas Company (NIGC).
Toyota Motor Corp will mutually supply cars in India with Suzuki Motor Corp starting in 2019, a move that would expand the Japanese company’s foothold in emerging markets, the Nikkei reported on Wednesday.
Searching for a power outlet may soon become a thing of the past. Instead, devices will receive electricity from a small metallic tab that, when attached to the body, is capable of generating electricity from bending a finger and other simple movements.
The UK faces serious health implications if the government fails to agree a Brexit deal, found a report that said of 35 portions of fruit and vegetables, a figure relating to the five-a-day recommendation for individuals, just one ‘portion’ is grown in the UK and picked by British or non-EU workers.
Iran is expected to add half a million bpd of oil supply within a year from its existing oilfields since sanctions were lifted last January, but developing new fields would take time, the head of the International Energy Agency said on Wednesday.
The contractor in charge of developing South Pars Gas Field's phases 20 and 21 said that one train of Phase 21 will be in line by March 20 adding that the refinery of phases 20 and 21 will be ready to receive gas by early February.
A senior Iranian petrochemical official said more than 24 million tons will be added to Iran's methanol output in less than five years transforming the country into a benchmark supplier of the item in global markets