On Tuesday, the Chinese customs data showed that Iraq was the third supplier of crude oil to China in August. The data of the General Administration of Customs in China revealed that the largest suppliers to China in August were as follows: (from the largest) Saudi Arabia: 8.06 million tons …
Read More »UAE to Become Major Player in Blue Hydrogen Market
The UAE is seeking a leadership position in blue hydrogen as it looks to achieve self-sufficiency in natural gas and tap the growing market for low-carbon fuel. The managing director and group chief executive of Abu Dhabi National Oil Company addressed a Gastech industry event on Tuesday, in Dubai. “Already …
Read More »Equinor Increases Gas Exports to Europe
In the future, Equinor will produce far more gas from the Oseberg and Troll fields. In this way, it will increase supply to the European gas market. In total, the production permits for these fields will increase by one billion cubic meters each from October 1, Equinor wrote in a …
Read More »Is Gazprom about to Lose Its Natural Gas Export Monopoly?
The long-awaited Nord Stream 2 (NS2) pipeline is arguably the world’s most contentious energy project. While its completion was uncertain for a long time, favorable political, economic, and environmental developments have worked in its favor. Recently, Gazprom, the owner and operator of the pipeline, announced its completion. However, legal challenges …
Read More »Poland Refuses to Halt Disputed Coal Mine despite EU Court Penalty
Poland vowed to keep its disputed Turow coal mine running on Monday despite being hit with a order to pay a 500,000 euro ($585,550) daily penalty to the European Commission for defying an earlier court ruling to halt operations. Europe’s top court, the Luxembourg-based Court of Justice of the European …
Read More »IAEA Annual General Conference Kicks off with Participation of Iran
London, IRNA – The 65th Annual Regular Session of the International Atomic Energy Agency ( IAEA) General Conference kicked off in Vienna in presence of Iran on Monday. The 65th Annual Regular Session of the IAEA General Conference is from 20 to 24 September 2021 at the Vienna International Centre …
Read More »Japan to Explore Green Hydrogen Imports from Australia
Realizing the potential of hydrogen as the fuel of the future, four Japanese companies, Marubeni Corporation, Iwatani Corporation, Kansai Electric Power, and Kawasaki Heavy Industries have signed an MoU with Stanwell Corporation and APT Management Services of Australia. The MoU has been signed to study the feasibility of shipping liquefied …
Read More »EU Aims to Tackle Waste Packaging with New Legislation
Europe aims to cut down on waste as quickly as possible in order to halt the overconsumption that is damaging the planet and adding to climate change. But despite previous attempts, waste packaging is still on the rise in Europe. In 2018, Europe generated 174.1kg of packaging waste per inhabitant. …
Read More »EU, US Announce Initiative to Cut Methane Emissions
The European Union and the US have announced the Global Methane Pledge, an initiative to reduce global methane emissions to be launched at the UN Climate Change Conference (COP 26) in November in Glasgow. President Biden and European Commission President Ursula von der Leyen urged countries at the US-led Major …
Read More »Iran, ECO Member States’ Trade Value Hit $5bn in 5 Months
Spokesman for Islamic Republic of Iran Custom Administration (IRICA) said that $5 billion worth of non-oil goods was exchanged between Iran and Economic Cooperation Organization (ECO) member states from Mar. 21 to Aug. 21. About eight million tons of non-oil goods, valued at $5 billion, were exchanged between the Islamic …
Read More »