(source: Wikipedia) To be honest, I had not heard of the phrase ‘Jumping The Shark‘ until recently (I’m not talking about surfer Mick Fanning either). It’s not like I didn’t watch ‘Happy Days’ when I was growing up, I just don’t remember that episode. For those unaware, ‘Jumping The Shark‘ is a term used to […]
OPEC’s fourth-largest member won’t achieve a crude-export boost of more than 500,000 barrels a day, or about 50 percent, until next year as Iran’s compliance with curbs on its nuclear program is verified, a pair of banks said.
The “Benchmarking Air Emissions” report, which examined the nation’s 100 largest electric power producers, comes in advance of the final proposal of the so-called Clean Power Plan from the the Environmental Protection Agency to reduce greenhouse gas emissions from existing power plants.
Last May, National Iranian Oil Company (NIOC) managing director Rokneddin Javadi told International Oil Daily at a conference in Kuala Lumpur that Iran’s production would be able to pump an additional 1 million b/d within three to six months
After almost two years of negotiation, diplomats are closer than ever to sealing an accord that would return energy-rich Iran to world markets while giving regional rivals guarantees that the Islamic Republic’s nuclear work can’t be used to make weapons.
Iran has been barred from selling oil in Europe since 2012 when the European Union imposed a ban on crude imports. Coupled with tougher U.S. sanctions making it more difficult to buy Iranian oil with dollars, that caused output to drop from 3.6 million barrels a day in 2011 to 2.6 million barrels last year.
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