Recent Posts

China settles first LNG trade in yuan with UAE deal

China has held several discussions with countries in the Middle East and North Africa about conducting trade using its local currency. The United Arab Emirates was part of a historical transaction carried out on China’s national energy trade platform this week. What happened: China conducted the first ever yuan-settled energy …

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Iran-Russia military relations take spotlight following FMs Moscow meeting

Despite international pressure, the two isolated states have been ramping up military ties with reported deliveries of Iranian drones in exchange for Russian Sukhoi warplanes. Iran’s Foreign Minister Hossein Amir-Abdollahian was in Moscow on Wednesday for a visit he said covered military cooperation among a host of other bilateral and …

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Old Refineries Incapable Of Manufacturing Enough Light Hydrocarbons To Electrify The World – OpEd

The zero-emission movement in the wealthy countries are experiencing a “dangerous delusion” of a global transition to “just electricity” that eliminates the use of the three fossil fuels of crude oil, natural gas, and coal, that made society achieve so much in a few centuries. As old refineries accelerate their …

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