Azerbaijan and Georgia are hoping to capitalize on their rising geopolitical significance and gain a new route to supply Europe with electricity. Plans for an electricity cable stretching beneath the Black Sea from Georgia to southeastern Europe have been on the table for several years now. But with European energy …

Oil giants, TotalEnergies, Shell and BP, are making strategic investments in the area of energy diversification struggling to remain focused in the years to come. Currently, oil and gas investments by the three largest integrate energy companies are likely to remain significant through to 2030. Shell, BP and TotalEnergies share …

Head of the Atomic Energy Organization of Iran (AEOI) Mohammad Eslami has underscored that his organization is determined to provide students with better equipment to improve the training situation at nuclear energy schools throughout the country. Eslami made the remarks in a ceremony commemorating the National Day of Fighting Global …

Russian oil and natural gas companies plan to work together with Iraq, the economic adviser of the Russian embassy in Iraq told RIA Novosti. “Despite the difficult military and political situation in the country, our oil and gas companies fully fulfill the contractual terms before Iraqi partners and develop plans …

Chinese President Xi Jinping reaffirmed China’s support for Germany and Europe playing an important role in facilitating peace talks on the Ukraine crisis and building a balanced, effective and sustainable security architecture in Europe when he met with German Chancellor Olaf Scholz on Friday. Under the current circumstances, the international …

Saudi Arabia has announced the launch of its first brand of electric vehicles, part of a broader push to diversify the economy of the world’s biggest oil exporter. The company, known as Ceer, “will contribute to Saudi Arabia’s efforts towards carbon emissions reduction and driving sustainability to address the impact …

A top Russian official revealed that Moscow and Baghdad are preparing to sign a memorandum of cooperation in the field of non-energy and peaceful applications of nuclear technologies. Ilya Lobov, the economic adviser of the Russian embassy in Iraq, announced in an interview with RIA Novosti that both sides are …

The value of Iran’s export to Armenia increased 15 percent in the first half of the current Iranian calendar year (March 21-October 22), from the first half of the previous year, an official with Iran’s Trade Promotion Organization (TPO) announced. Rahmatollah Khormali, the director-general of the TPO’s office of Central …

Iran’s ambassador to India said in New Delhi on Friday that Tehran is ready to sell oil to India and deliver it at desired destination. “We are, just as always, ready for further expansion of economic ties India, such as delivering crude oil at any desired destination, and decision making …

Iran exported 3.36 million tons of agricultural and food products worth $1.85 billion in the first six months of the current fiscal year (March 21-Sept. 22), new data released by the Agriculture Ministry show. The figures indicate a decrease of 14.77% in tonnage and 20.33% in value compared with last …