Iran test-fired several ballistic missiles from silos across the country on Tuesday, the official website of the Islamic Revolutionary Guards Corps (IRGC) said, defying recent U.S. sanctions on its missile Continue Reading
The death sentence of Iranian billionaire Babak Zanjani can be commuted if he cooperates by returning the money he is accused of embezzling from the state, Justice Minister Mostafa Pour Continue Reading
Iranian oil attained a new level of restored legitimacy Monday, with word that a tanker anchored near a Spanish refinery had begun off-loading the first shipment for Europe’s consumption since Continue Reading
France’s Total SA is weeks away from drilling one of its most important offshore exploration wells in the Americas this year as it hunts for a giant oil field in Continue Reading
Chevron has started up its massive Gorgon LNG project in Australia and will soon be shipping more of the super-chilled fuel into an oversupplied market, eroding producer revenues but also Continue Reading
Chevron Corp.’s Gorgon natural gas project off Australia’s northwest coast boasts the world’s biggest carbon dioxide storage facility, a jetty more than a mile long and enough steel to build Continue Reading
China’s exports registered their biggest drop in more than five years as weak global demand continues to undercut growth momentum in the world’s second-largest economy. China’s customs administration reported Tuesday Continue Reading
China’s foreign trade contracted much faster than expected last month, the latest sign of weakening global trade and lethargic domestic commodity demand as the country’s economy slows. Exports fell 25.4 Continue Reading
China again pushed market momentum, with weekend economic pledges spilling over to Monday and lifting crude oil prices near the $40 per barrel mark. Chinese Premier Li Kiqiang said during Continue Reading
China’s February trade performance was far worse than economists had expected, with exports tumbling the most in over six years, days after top leaders sought to reassure investors that the Continue Reading
