Construction of the Nord Stream 2 gas pipeline is at its final stage, it will be completed in a matter of weeks, Russian ambassador to Germany Sergei Nechaev said in an interview published by the Izvestia newspaper on Monday. “We proceed from the fact that the German-American agreement will not …

It took some chemical wizardry, but the Olympic cauldron in Japan leapt to life not with natural gas or some other traditional fuel. It burned hydrogen and its flame was intended as a marker not just of an Olympic spirit, but of national ambition. The Tokyo Games “will leave a …

Qatar is among six LNG exporting markets that have achieved utilisation rates of more than 90% liquefaction capacity in 2020, according to the International Gas Union (IGU). Global liquefaction capacity reached 452.9mn tonnes per year (mtpy) at the end of 2020 and the utilisation rate was 74.6% on average compared …

The era of cheap natural gas is over, giving way to an age of far more costly energy that will create ripple effects across the global economy. Natural gas, used to generate electricity and heat homes, was abundant and cheap during much of the last decade amid a boom in …

Failure to act now on climate change will result in “catastrophic” consequences for the world, the leader of the United Nation’s next climate talks has warned. “I don’t think there’s any other word for it,” Alok Sharma, the British minister in charge of the 26th UN Climate Change Conference (COP26), …

Over 1.506 million tons of non-oil commodities worth $478.997 million was exported from Sistan-Baluchestan province in the southeast of Iran during the first four months of the current Iranian calendar year (March 21-July 22), a provincial official announced. Mohammad-Ali Khashi, the director-general of the customs department of Zahedan (the center …

Iraq topped the list of India’s oil suppliers in July, data by Vortexa, an oil and gas analytic platform, revealed. The Vortexa data show that 64pc of India’s July crude imports, or 2.1mn b/d, came from the Middle East, compared with 2.3mn b/d in the previous month. Of the 2.1mn …

Saudi Arabian Oil Company (Aramco) today reported a 288% increase in net income for the second quarter of 2021 from the same quarter of last year to $25.5 billion, declaring a dividend of $18.8 billion. The company’s net income for the first half of the year was $47.2 billion, representing …

Saudi Arabia’s first wind farm, with capacity of 400 MW, has started power generation as the world’s biggest oil exporter boosts its renewable projects amid plans to diversify its energy mix and free up crude used in the electricity sector for export. Dumat al-Jandal, which is being developed by UAE …

The U.S. and Japan expressed concerns over the situation in the South China Sea, where China has been aggressively pushing its territorial claims, and took up Beijing’s nuclear arms issue during talks with ASEAN and partner nations on Friday. Speaking at the foreign ministerial meeting of the ASEAN Regional Forum, …