Iran to sell off gas condensate stockpile soonIran on Tuesday announced that it will finish selling off its stockpile of gas condensate in coming months, according to the oil ministry's news agency Shana. Iran currently produces 530,000 barrels of gas condensate per day a More… |
Oil prices jump 6pc on US stockpile drawsOil prices rose more than six per cent on Friday to end with the biggest weekly gain in a month as drawdowns in US crude stockpiles fed hopes that a punishing global oversupply may be approaching a tipping point after nearly two years. More… |
Iran threatening Gulf with arms stockpileIran is trying to stockpile enough firepower to ‘overwhelm’ the Gulf at any time, it has been revealed. Tehran is waging a campaign of ‘state-sponsored terrorism’ aimed at destabilising the region and fuelling unrest, s More… |
Iran's uranium stockpile grows ahead of nuke deal deadlineIran's stockpile of low-enriched uranium gas has grown by eight per cent to nearly 8.4 tonnes in about two months, UN atomic inspectors say, an amount world powers probably will want to see cut under any nuclear deal with Tehran. Th More… |
Syria to remove dangerous chemical arms by MarchSyria's ambassador to Russia has said that the most dangerous elements of President Bashar Al-Assad's chemical weapons stockpile will be removed from the country by March 1, the Interfax news agency reported. "A large More… |
UAE plans to build food stockpileThe United Arab Emirates plans to build a three-month commodity stockpile as part of a strategy to bolster the Gulf Arab state's food security, the economy minister was quoted as saying by the WAM state news agency. Sultan bin Saeed al-Man More… |