Russian gas giant Gazprom has turned down an option to maximize gas shipments to Europe as the continent faces a looming energy crisis amid surging natural gas prices. Gazprom did not book any of the additional capacity available in transit pipelines running through Ukraine in auctions for October, the state-run …

OPEC+, the exporters’ group making corrections in the supply of crude oil, will stick to its plan to incrementally bring 2 million barrels per day back to the markets by the end of the year, the UAE’s energy minister has said. “I think that if things move as they are, …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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. …