For decades, evidence has been piling up which proves mankind’s influence on climate change. Although the global economy remains largely driven by fossil fuels, the energy transition has gained traction Continue Reading
Tehran — Iran will ship the first cargo of crude oil from its new terminal at Jask on the Oman Sea Coast in June, following completion of a key oil Continue Reading
Veteran Iranian oil minister Bijan Zanganeh has said he will not continue in his role once a new president is inaugurated after elections scheduled next month, ministry-run news service Shana Continue Reading
Cross-border fighting between Israel and Hamas appeared to abate slightly early on Tuesday, with no fatalities logged in Gaza for the first time since hostilities erupted on May 10, and Continue Reading
The U.S. and Iran have been engaged in on-off talks about the resuscitation of the Joint Comprehensive Plan of Action (JCPOA) – the ‘nuclear deal’ – for some months now Continue Reading
Israeli warplanes have unleashed a series of heavy airstrikes at several locations of Gaza City. Explosions rocked the city from north to south for 10 minutes early Monday. The airstrikes Continue Reading
Israeli Prime Minister Benjamin Netanyahu on Sunday ruled out the prospect of an immediate cease-fire with the Palestinians in the deadly flare-up of Middle Eastern violence, defying growing international demands Continue Reading
The Israeli military unleashed a wave of heavy airstrikes on the Gaza Strip early Monday, saying it destroyed 15 kilometers (nine miles) of militant tunnels and the homes of nine Continue Reading
The National Iranian Oil Co. is set to sign a $1.78 billion deal with a domestic company to develop the Farzad B gas field in the Persian Gulf, oil ministry Continue Reading
Higher oil prices this year are helping Saudi Arabia to reduce its budget deficit which soared with the oil price collapse last year. But the Kingdom and its de facto Continue Reading
