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 »OPEC to Stick to Oil Production Deal in October
OPEC and its allies will try to keep oil prices at $70 per barrel in the first quarter of 2022, Iraq’s oil minister said, adding the group is expected to stick to its current production accord when it meet in October “if prices remain stable”. Iraq total oil exports, including …
Read More »Europe Faces a Winter Energy Crisis Years in the Making
Europe is bracing for a tough winter as an energy crisis that’s been years in the making leaves the continent relying on the vagaries of the weather. Faced with surging gas and electricity prices, countries from the UK to Germany will need to count on mild temperatures to get through …
Read More »OPEC Secretary General Visits Venezuela
OPEC has announced that its secretary general, Mohammad Sanusi Barkindo, has visited the Bolivarian Republic of Venezuela at the invitation of its government to celebrate OPEC’s 61st anniversary. The four-day visit to the country has included meetings with Nicolas Maduro, President of Venezuela, Tareck El Aissami, the people’s minister of …
Read More »Iran’s Petchem, Fuel Sales Surge in Shadow of Oil Sale Restrictions
Iran’s exports of fuel and petrochemical exports have surged in recent years as the re-imposition of the U.S. sanctions on the country’s oil industry curbed crude sales, the Daily Star reported. The situation has left Iran in a good position to be able to expand trade in Asia and Europe …
Read More »Europe’s Power Crisis is an Expensive Reminder that Renewable Energy has Its Limits
Europe’s power crisis was just a matter of time – and that time has come. Natural gas and electricity prices are setting record highs virtually every day, and businesses and households have gone from getting annoyed to being terrified as the bills land like hand grenades. The continent’s power system …
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