The chief of the International Atomic Energy Agency (IAEA) said Saturday that there was no internal disagreement among the agency’s team of experts responsible for producing the recently published comprehensive report on Japan’s plan to discharge contaminated water from the crippled Fukushima plant. “There is no disagreement. This is the …
Read More »China Says to Continue Efforts to Bring Iran’s Nuclear Deal Back on Track
China’s Foreign Ministry has announced that Beijing will continue its attempts to restore the US-abandoned 2015 nuclear agreement “at an early date”. Speaking at a regular press conference on Friday, Foreign Ministry spokesman Wang Wenbin said the unilateral withdrawal of the United States from the nuclear deal, formally known as …
Read More »Iraq Plans to Boost Gas Output by 1.5bn cu ft in Five Years
Iraq plans to boost its gas output by 1,500 million cubic feet over the next five years, through its recent initiative to licence exploration operations across 10 oil and gas fields in west Iraq and 13 sites on the country’s western border, stated the Minister of Oil Hayan Abdulghani. Abdulghani …
Read More »UAE won’t Make Extra Voluntary OPEC+ Output Cuts at this Time
The United Arab Emirates won’t be making further voluntary OPEC+ oil production cuts at the present time, said the country’s energy minister. The UAE is “doing enough” to contribute to the OPEC+ supply curbs, Energy Minister Suhail Al Mazrouei told reporters in Vienna. He noted the large difference between the …
Read More »N. Chief: Iran-IAEA Cooperation Merely Limited to NPT, Safeguards
Head of the Atomic Energy Organization of Iran (AEOI) Mohammad Eslami once again ruled out rumors about installation of surveillance cameras at a power plant in Central Iran, and underscored that Tehran’s coordination with the International Atomic Energy Agency (IAEA) is in accordance with the Non-Proliferation Treaty (NPT) and the …
Read More »Saudi Arabia and Russia Curb Oil Supply again to Try to Boost Prices
Saudi Arabia and Russia announced Monday that they would make additional cuts to oil supply as a global economic slowdown hangs over the outlook for energy demand. Saudi Arabia — the world’s biggest exporter of crude oil — said it would extend a cut of 1 million barrels a day …
Read More »IAEA Chief Attends Meetings in Fukushima amid Water Discharge Worries
The International Atomic Energy Agency chief on Wednesday exchanged views with the heads of local governments and fishermen around the crippled Fukushima nuclear power plant, a day after releasing a report endorsing the safety of Japan’s plan to discharge treated radioactive water into the sea. Amid lingering worries about the …
Read More »World Bank Approves $1.5 Billion for Green Energy in India
The World Bank’s Board of Executive Directors has recently approved 1.5 billion dollars in financing to accelerate India’s development of low-carbon energy. In a statement, the World Bank has said that the financing will help India promote low-carbon energy by scaling up renewable energy, developing green hydrogen, and stimulating climate …
Read More »Saudi Oil Cuts See Top Buyers Looking at Crude from Elsewhere
Asia’s oil refiners, responsible for meeting about a third of the world’s fuel consumption, are getting ready to go elsewhere for crude should Saudi Arabia and Russia’s latest pledged output cuts deprive them of barrels. The two producer countries said on Monday that they will prolong and deepen output cuts …
Read More »UAE Plans to Invest $54B in Renewables in Net Zero Push
The United Arab Emirates plans to invest as much as $54 billion on renewables over the next seven years as part of efforts to reach net zero emissions by 2050. The nation is targeting a threefold increase in the share of energy produced from renewable sources over the period and …
Read More »
Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel