The International Atomic Energy Agency on Sunday urged Iran to resume talks to revive the 2015 nuclear accord. The International Atomic Energy Agency chief in an interview broadcast Sunday by CNN urged Iran to resume talks “now” to avoid a crisis that could make it “extremely more difficult” to salvage …

At the end of 2021, authorities in the northern Chinese province of Shanxi fined one of China’s biggest coal companies for illegally mining at more than 50 sites. Jinneng Holding Shanxi Coal Industry had flouted strict production limits, introduced following a series of mining accidents across the country. In one …

Saudi Arabia will provide some Chinese buyers with less crude than they asked for next month, while fulfilling requests from many other customers in Asia after OPEC+ pledged to speed up production hikes. Japan, South Korea, Thailand, and India will get the oil volumes they had sought, with some even …

French oil company TotalEnergies was awarded a 25 per cent stake to develop the world’s largest natural gasfield in Qatar as the Gulf state aims to increase its production and respond to higher global demand for LNG. State-owned QatarEnergy will hold the remaining 75 per cent stake in the North …

Hungarian Foreign Minister Peter Szijjarto has ruled out the prospect of a Russian gas ban in the European Union’s next package of sanctions, calling it “impossible”. Landlocked Hungary is overwhelmingly dependent on Russian hydrocarbons. Szijjarto’s comments come as Russian President Vladimir Putin says he believes the West will not be …

The European Union is looking to partner with the UAE to help accelerate energy transition and infrastructure development in Africa as part of the 27-member bloc’s €300 billion ($321.9bn) Global Gateway strategy, a senior EU official has said. There is great scope for the UAE, the Arab world’s second-largest economy, …

Iranian Foreign Minister Hossein Amir Abdollahian in a phone conversation with UN Secretary-General Antonio Guterres blasted the US and its allies for sponsoring a “hasty and politically-driven” resolution at the IAEA Board of Governors against Iran. Amir Abdollahian criticized the US and its European allies for the submission of an …

The Minister of Oil and Gas in the Government of National Unity, Mohammed Aoun, said that Libya is currently losing more than 1,100,000 barrels per day (bpd) of oil production due to the closures imposed on major export fields and ports. Aoun added that most of the oil fields are …

President Joe Biden on Friday slammed ExxonMobil for not producing more oil, as soaring gas prices deplete Americans’ wallets and the US leader’s popularity ahead of midterm elections. “Exxon made more money than God this year,” he said, advocating increasing taxes on oil companies. ExxonMobil reported massive profits in the …

Turkish President Recep Tayyip Erdogan on Thursday accused Greece of militarizing its islands in the Aegean Sea with an eye toward threatening Turkey, in but the latest salvo in a series of tit-for-tat accusations between the two NATO members. Erdogan urged immediate demilitarization of the islands, stressing Turkey will never …