A strong earthquake with a preliminary magnitude of 6.0 has struck east of the city of Ovalle in Chile’s Limarí province, seismologists say, with shaking felt over a large area. The earthquake, which struck at 4:25 p.m. local time on Saturday, was centered about 13 kilometers (8 miles) east of Ovalle, or 82 kilometers […]
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Iran ready to export petchems to Swaziland
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TEHRAN, Dec. 19 (Shana) — Iran’s Minister of Industry, Mines and Trade Mohammad Reza Nematzadeh has voiced Tehran’s readiness to export petrochemical products to the African country of Swaziland. Swaziland is a small, landlocked monarchy in southern Africa and is known for its wilderness reserves and festivals showcasing traditional Swazi culture. Nematzadeh, speaking during a […]
Future Of Iraq’s Oil Industry Under Threat
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Iraq is one of the major reasons why OPEC has been able to increase oil production over the past year, even as oil prices have dropped to six-year lows. The war-torn country averaged 3.2 million barrels per day (mb/d) of production in 2014. But despite the onslaught from ISIS and the collapse in […]