Energy prices could spike again this winter, the head of the International Energy Agency has warned. Speaking to the BBC, Fatih Birol said that if China’s economic recovery from the pandemic accelerated later this year and the winter in the northern hemisphere was harsher than last year’s, prices would rise. …

The Chinese government has solemnly stated strong opposition on multiple occasions regarding Japan’s decision to discharge treated nuclear wastewater into the ocean, said the spokesperson of the Mission to ASEAN (Association of Southeast Asian Nations) on Monday. In a statement published on the mission’s website, the spokesperson said Japan’s planned …

Crude oil prices were little changed at the start of the week—and the second half of the year—as traders brace up for tighter supply. Saudi Arabia will this month reduce its oil output by 1 million barrels daily. It remains to be seen if it will extend the reduction beyond …

Iraq’s SOMO, the state-owned oil marketing company, has announced that the average price of crude oil exported to Jordan reached $58.70 per barrel during the month of June. With this, Iraq sold each barrel of crude oil to Jordan last month at a price that was $12.41 lower than the …

National Iranian Drilling Company (NIDC) dug and completed the digging operations of 27 oil and gas wells during the first 100 days of the current Iranian calendar year (March 21-June 30), the company’s managing director said. According to Hamidreza Golpayegani, the drilled wells consisted of two development, and 25 workover …

Several developing countries have made it clear that they will not be able to undergo a green transition without the help of stronger economies. International agencies have repeatedly echoed the need for greater financing in the world’s poorer countries to develop global renewable energy capacity, respond to the rising energy …

Kazakhstan has in a fresh effort to ease bottlenecks in a transportation corridor bypassing Russia reached an understanding with Azerbaijan and Georgia to set up a jointly run and owned logistics company. The agreement was signed last week at the culmination of a trip to the South Caucasus nations by …

The Energy Information Administration (EIA) announced on Sunday that Iraq’s oil exports to the United States reached 7.5 million barrels in the previous month of June. A table published by the administration revealed that Iraq exported 7.5 million barrels of crude oil to the United States during the month of …

Kazakhstan will elaborate creation of the hydropower consortium of Central Asia, according to the action plan of the concept of development of water resources management system until 2029. The Ministry of Ecology, Ministry of Foreign Affairs, National Security Committee will work on this. The information on the progress of the …

China is on a natural gas shopping spree, and officials are happy for importers to keep striking deals even after a global energy crisis has eased. The government continues to back efforts by state-owned buyers to sign long-term contracts and even invest in export facilities, in order to bolster energy …