Oil

Solar power can outshine oil in a few decades – Shell

Solar power can outshine oil in a few decades – Shell

World demand for oil will reach its peak between 2035-2040, after which solar power or gas will take the lead a study by Royal Dutch Shell predicts. After research into global energy prospects, Shell has come up with two possible scenarios called ‘Mountains’ and ‘Oceans’. The first one predicts slow international economic development and the […]

Iranian Oops: US may have broken own sanctions by buying Tehran’s oil

Iranian Oops: US may have broken own sanctions by buying Tehran’s oil

There is a high probability that US sanctions against Iran have been violated by its own army. Part of the $1.55 billion in fuel the US bought from Turkmenistan for the Afghan army in the last five years may have originated in Iran. A report by the Special Inspector General for Afghanistan Reconstruction (SIGAR) suggested […]