China is set to build its largest import liquefied natural gas (LNG) terminal with operations slated to start in 2022, state media CCTV reported. According to the broadcaster, the LNG “reserve base” will be located in the Jiangsu province, eventually featuring 20 million tonnes per annum (Mtpa) importing capacity. During …

Islamic Republic of Iran and Republic of Belarus explored avenues for broadening and developing bilateral cooperation in the field of energy. Iranian Ambassador to Belarus Saeed Yari met and held talks with Viktor Karankevich Energy Minister of Republic of Belarus in Minsk on Wed. In this bilateral meeting, the two …

It’s official: The big hydrogen techlash is now history. For decades, there was an undeniable and growing animus towards anything hydrogen by the investing universe, with the technology relegated to niche corners of the market, such as material handling and emergency power backup. Hydrogen technology was considered too costly and …

Total SE joined the ranks of oil companies anticipating a peak for the industry in the coming decade, saying demand growth will end around 2030. While the French energy giant’s analysis is more conservative than that of BP Plc, which earlier this month said the era of oil-market growth was …

A shipping line will be established between the Islamic Republic of Iran, the Russian Federation, Kazakhstan, and Turkmenistan as agreed by the relevant authorities of the four countries, an Iranian official announced. Deputy CEO of Iran’s Ports and Maritime Organization for Ports and Economic Affairs Farhad Montaser Koushari said that …

The first tanker of a three-vessel Iranian flotilla carrying much-needed fuel for Venezuela has entered waters of the South American country despite the sanctions imposed on both countries by the US, reports said. The Iran-flagged tanker Forest, which is transporting some 270,000 barrels of fuel loaded in the Middle East, …

Tehran and Sofia are to forge closer cooperation in the domains of economy, the transit of goods and transportation. In a meeting between Iranian Minister of Roads and Transportation Mohammad Eslami and Bulgaria’s new Ambassador to Tehran, the two sides underlined the need to implement agreements reached by the two …

The Turkish Minister of Energy and Natural Resources, Fatih Donmaz, said on Monday that several Turkish investors have agreements in Libya to install power stations to be run with natural gas. Donmaz added that a thousand megawatt power station in Tripoli is presently being implemented by a Turkish company which …

India has accumulated huge oil reserves during the pandemic, taking advantage of the depressed prices and lack of demand across the world. State-funded strategic crude oil reserves are meant to tackle emergency situations and allow the Modi government to tide over short-term supply disruptions. The Indian government revealed on Tuesday …

Iranian and Qatari energy ministers yesterday discussed connecting the two countries’ electricity networks via a submarine cable. In a virtual meeting, the Qatari minister, Saad Sherida Al-Kaabi, said that the project was “possible”, adding that a “proposal should be worked on”. “In my opinion, this idea is practical and it …