The days of producing and exporting subsidized electricity are over, ILNA quoted a deputy oil minister as saying.
"It would be more logical to export at FOB prices in the Persian Gulf…
Energy
The prospect of up to $18 billion in new fines for the 2010 Gulf of Mexico oil spill could pressure BP to sell assets from the Americas to Asia and Russia, where its interests risk being dragged…
By launching the 9th pipeline of national gas network, which requires an estimated $8.5 billion investment, Iran is creating the infrastructure for gas export to Europe.
Alireza Gharibi,…
Saudi Arabia cut October selling prices this week to customers in Asia, Europe and the US, in a sign that OPEC’s largest producer is unlikely to curb production even amid an excess of crude oil…
