• 3 minutes Looming European Gas Crisis in Winter and North African Factor - a must read by Cyril Widdershoven
  • 7 minutes "Biden Targets Another US Pipeline For Shutdown After 'Begging' Saudis For More Oil" - Zero Hedge Monday Nov 8th
  • 12 minutes "UN-Backed Banker Alliance Announces “Green” Plan to Transform the Global Financial System" by Whitney Webb
  • 3 hours Microbes can provide sustainable hydrocarbons for the petrochemical industry
  • 9 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 7 hours Hunter Biden Helped China Gain Control of Cobalt Mines in Africa
  • 9 hours CO2 Electrolysis to CO (Carbon Monoxide) and then to Graphite
  • 5 days Building A $2 Billion Subsea Solar Power Cable From Chile To China
  • 3 days Is anything ever sold at break-even ? There is a 100% markup on lipstick but Kuwait can't break-even.
  • 6 hours NordStream2
  • 4 days Modest drop in oil price: SPRs vs US crude inventory build
  • 4 days 2019 - Attack on Saudi Oil Facilities.
  • 4 days Monday 9/13 - "High Natural Gas Prices Today Will Send U.S. Production Soaring Next Year" by Irina Slav
  • 6 days Ukrainian Maidan after 8 years
  • 6 days Peak oil - demand vs production
Editorial Dept

Editorial Dept

More Info

Global Intelligence Report - 16th January 2019

Sources

• Iranian energy ministry official
• British geopolitical expert for major consulting house
• Energy consultant operating in Iran
• Western diplomat in Libya

The Iran Energy Opportunity You Didn’t Expect

It’s time to look beyond the immediate and direct effect of U.S. sanctions on Iran’s oil industry and watch where it’s taking things in a different direction. The biggest sector winner in this game is going to be renewables, and our sources in Iran, and within the Iranian Energy Ministry are on board with a complete change in tact: Iran is making big plans to go green precisely because of the bite of sanctions.

This has been an incredibly frustrating year for the energy players in Iran, but this time around, the continuously confrontational relationship isn’t leading to an attitude of simply biding one’s time until it all blows over. This time it’s about spurring lasting change, and that means opportunities where we didn’t expect them previously.

According to an official with the Ministry of Energy in Iran—who numbers among our sources--one of the main priorities of the government for 2019 is renewable energy, and they are now moving forward with cementing a legal and policy framework for the renewable industry. Although ‘renewable energy’ is not defined in Iranian law, several measures are already in place to ensure the rapid growth of the industry…




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News