Parvin Faghfouri Azar

Iraq Negotiates Higher OPEC Oil Production Quota

Iraq is in discussions with OPEC to review its oil production quota as output capacity rises, Hayan Abdul Ghani, the Oil Minister of OPEC’s second largest producer, said on Monday. Iraq is in talks with OPEC to reassess its production quota within the country’s available production capacity of 5.5 million …

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War and Climate Change are Redrawing Global Trade Routes

With climate change reshaping some of the world’s most trafficked shipping routes, we may need to establish alternative transport links and shipping hubs to prepare for the future of global trade. Other challenges are also affecting certain shipping routes, showing the need to develop alternatives. The maritime sector manages between …

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Can U.S. Hydropower Compete in a New Energy Era?

The United States has long used hydropower, which is now the country’s largest source of renewable energy, for electricity production. Hydropower contributed 27 percent of total U.S. utility-scale renewable electricity generation and 5.86 percent of total utility-scale electricity production in 2024. The U.S. first started developing its hydropower fleet in …

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China Rolls out Subsidy for Green Fuels Production

China announced a green hydrogen policy last week, which will see the country’s state budget offer subsidies for the production of green fuels. Interestingly, the initiative came in the week that IMO member states failed to adopt a Net-Zero Framework for the global shipping industry. China’s National Development and Reform …

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Sonatrach Returns to Libya for Oil and Gas Exploration

Algerian state energy firm Sonatrach resumed oil and gas exploration drilling in Libya in mid-October, Libya’s National Oil Corporation (NOC) said on Thursday, as several international majors have restarted work in Libya’s oil and gas basins. Algeria’s Sonatrach is drilling an exploration well in the Ghadames basin close to the …

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Google Backs Carbon-Captured Gas to Power Its AI Future

Google has signed the first U.S. corporate power purchase agreement involving natural gas with carbon capture, marking a major shift in how Big Tech plans to fuel the data-hungry future of artificial intelligence. The deal centers on the Broadwing Project, a 400-megawatt gas-fired power plant planned for Decatur, Illinois, developed …

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Global LNG Exports Hit a Record High in September

Exports of liquefied natural gas globally increased to 34.59 million tons last month, which was the highest on record, the Gas Exporting Countries Forum reported. The increase was driven by a boost in imports, at an annual 3.7%, which in turn was driven by a surge in demand in the …

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