A few dots near the bottom corner of the world map in the southern Atlantic, the Falkland Islands were once at the forefront of a new era for the oil industry as companies scoured the planet for resources. Yet a decade after the discovery of as much as 1.7...
Read MoreLondon Underground becomes the first European metro system to take delivery of Chinese manufactured maintenance rolling stock from CRRC. The order which was placed three years ago is for 71 wagons to cover a variety of technical support roles. It is however a small order by comparison with the...
Read MoreThe tunnel will form part of the 28·5 km-long metro Line 3 connecting Amirieh Boulevard in the northwest part of the city to Abouzar district in the southwest. Mashhad Metro completed the excavation of an 8·5 km tunnel for Line 3, on March 9. The tunnel will form part...
Read MoreIn an ambitious initiative to provide Tehran’s residents with extensive and decent transportation services, four new lines have been designed for expanding the capital city’s subway network. Tehran Municipality announced that in collaboration with a French engineering and consulting group and the Iranian engineering group Gueno, four additional lines...
Read MoreThe Ministry of Roads and Urban Development plans to lay 1,660 kilometers of new railroads across the country by the end of the current fiscal year (March 20, 2021). The new projects would increase the length of Iran’s railroad network to over 16,000 kilometers, on par with Kazakhstan and...
Read MoreAs major oil companies prepare to spend billions on renewable energy assets to stay relevant in a low-carbon future, the industry’s patchy track record on takeovers is red flag for some investors. Ten years ago, the world’s top energy companies were spending billions of dollars on major oil and...
Read MoreA 500 megawatt power station became operational in Iran’s largest oil block known as West Karoun in Khuzestan Province To help develop power infrastructure in shared oilfields with Iraq, a 500 megawatt power station became operational in Iran’s largest oil block known as West Karoun in Khuzestan Province, chief...
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