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US allows eight importers to continue to buy Iran oil

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The United States stated that it will allow temporarily eight importers to continue to buy Iran's oil, when it re-imposed sanctions on Monday in a bid to force Iran to curb missile, nuclear and regional activities.
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03 Nov 2018

Malta takes steps to reach renewable energy goal by 2020

Malta is set to reach pledged EU 2020 renewable energy goals, the country's Energy Minister told the Maltese Parliament, as it was interested in investing in a gas pipeline from Italy and cleaner energy amongst related measures taken.

03 Nov 2018

Encana to buy Newfield Exploration for $5.5B

Canada's oil and gas producer Encana signed an agreement to acquire all of the outstanding shares of Newfield Exploration in a $5.5B deal, which would provide the former with substantial positions in North Americas biggest oilfields.

03 Nov 2018

Chinese steel firms' profits jump 86% in three quarters

The steel industry of China saw 86% yearly increase in profits to nearly $33B over the nine-month period, along with progress in deleveraging and environmental protection, data from the CISA revealed.