There is no evidence that Iran intends to develop nuclear weapons, reviewing its participation in the NPT, Vladimir Yermakov, director of the Russian Foreign Ministry’s Non-Proliferation and Arms Control Department said. “Iran has been and remains a conscientious participant in the Treaty on the Non-Proliferation of Nuclear Weapons. The conclusion …

The government is investing in clean energy, in addition to gas and LNG, to become energy independent and become the energy hub of Europe. Prime Minister Giorgia Meloni (Brothers of Italy/Ecr) told voters before the general election on 25 September that she wants to make Italy, particularly the south, an …

The Biden administration has proposed a set of new rules aimed at curbing gas flaring on public lands, with the Bureau of Land Management saying these measures would result in $39.8 million in additional royalties for the United States. Per the proposal, every company applying for an oil and gas …

Data released by the Ports and Maritime Organization of Iran show that over 142 million tons of goods have been unloaded and loaded in the Iranian ports in the first 8 months of the current Iranian year of 1401. During the said period (Mar. 21-Nov.21), 34,543,036 tons of non-oil goods …

Qatar has agreed to supply Germany with liquefied natural gas under a long-term deal as the latter continues to seek alternatives to Russian pipeline gas supply. State-owned QatarEnergy signed deals with ConocoPhillips that will see deliveries of about 2m tons of LNG annually to Germany over 15 years, starting in …

European Union diplomats meeting for a second week in a row failed to agree on a ceiling to cap Russian oil exports as countries remained divided about how to best to reduce Moscow’s capacity to fund its war in Ukraine. The European Commission brought down its initial suggestion of $65-$70 …

Oil prices rebounded on Tuesday after losing almost $4 a barrel during the previous trading session ahead of the OPEC+ meeting on Dec. 4, when OPEC+ producers will decide on their output strategy for January onwards in the face of declining Chinese demand. International benchmark Brent crude traded at $85.53 …

The National Oil Corporation (NOC) has given the green light to restart the ethylene plant, the largest station for producing petrochemicals in North Africa, after a hiatus of more than eight years. “The NOC Chairman and board members praise the efforts of the company’s management and employees to restart this …

China is willing to forge a closer partnership with Russia on energy issues to ensure global energy security, President Xi Jinping said on Tuesday, as the G7 grouping of nations prepares to impose new measures on Russia’s oil exports. State broadcaster CCTV reported Xi’s comments, made in a message to …

In a world now where several major economies may need huge quantities of gas delivered very quickly and with very little notice, Qatar, as the top liquefied natural gas (LNG) exporter occupies the same sort of ‘swing producer’ position in the global gas market that Saudi Arabia used to hold …