Parvin Faghfouri Azar

New OPEC Chief Starts Work Monday

Kuwait’s Haitham Al-Ghais will start on Monday his new role as Secretary-General of the Organization of Petroleum Exporting Countries (OPEC), following the late outgoing chief, the Nigerian Mohammad Barkindo. Speaking to KUNA on Sunday, Al-Ghais thanked His Highness the Amir Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah, His Highness the Crown Prince …

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Green Hydrogen can Help Latin America’s Energy Transition

With countries and energy companies around the world looking to accelerate their transitions towards cleaner energy resources, Latin American nations are developing plans to scale up the production, consumption and export of so-called green hydrogen, which is generated from clean energy resources. One of the most recent, high-profile developments came …

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Russia Sanctions Take its Toll Heavily on Europe

Russia’s invasion of Ukraine earned the communist country countless sanctions from different several states. In retaliation, President Vladimir Putin cuts the gas supply in answer to the Russian sanctions imposed by “unfriendly countries.” Europe is suffering more damage due to Russia sanctions imposed by the US and other countries due …

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U.S. Imported +450,000 Oil Barrels from Iraq Last Week

U.S. crude oil imports from Iraq averaged 165,000 oil barrels per day (bpd) last week, the Energy Information Administration (EIA) revealed. According to the report, last week’s oil imports from Iraq amounted to 454,000 barrels (165,000 bpd). Iraq followed the United States’ top crude oil suppliers, Canada (3.308 million bpd), …

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90% of Nuclear Equipment Domestically Produced

Deputy Head of the Atomic Energy Organization of Iran (AEOI) Pejman Shirmardi has said about 90 percent of the equipment in the field of nuclear technology has been domestically produced which is the result of the efforts by the Iranian scientists. Shirmardi stated on Saturday that approval of the Strategic …

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