The world has made progress in increasing access to basic electricity, but developing nations need much more financial support to reach 666 million people in vulnerable and rural areas who lack access to energy, the International Energy Agency (IEA) said in a report on Wednesday. The report tracks the progress …
Read More »Iran Files UN Complaint against Nuclear Watchdog Chief over Approach to its Nuclear Activities
Iran has filed a formal complaint against the head of the UN nuclear watchdog, Rafael Grossi, accusing him of partiality and passivity over Israeli attacks on the country, local media said on Sunday. In a letter to the UN Security Council, Iran’s Ambassador and Permanent Representative to the UN, Amir-Saeid …
Read More »FM Araghchi: Iran’s Nuclear Rights Non-Negotiable
Foreign Minister Abbas Araghchi told his Turkish counterpart that Iran’s right to peaceful nuclear energy is non-negotiable, reaffirming Tehran’s commitment to constructive diplomacy if its rights are respected. According to Mehr News Agency, Iran’s Foreign Minister Abbas Araghchi emphasized during a phone call with Turkish Foreign Minister Hakan Fidan that …
Read More »Atomic Energy Official: Iran to Build Yellowcake Production Plant
Iran’s Atomic Energy Organization has announced plans to construct a yellowcake production plant as part of its ongoing uranium mining and processing operations. Seyyed Javad Ahmadi, Deputy Head of the Atomic Energy Organization of Iran (AEOI), made the announcement during the launch of uranium extraction and processing at the General …
Read More »Russia and Iran Agree on Gas Pipeline Route via Azerbaijan
Russia and Iran have agreed on a gas pipeline route to the Islamic republic through Azerbaijan, negotiations are in the final stage of agreeing on the price of supplies, Russian Energy Minister Sergey Tsivilyov told reporters. “We have agreed on the route through Azerbaijan. We are now in the final …
Read More »Year in review: Energy Woes to AI Boom, Top Global Economic Trends of 2024
In 2024, the global economy navigated a year marked by uncertainties and transformative shifts. From continuing energy market volatility driven by geopolitical tensions to the artificial intelligence (AI) boom transforming industries, economic trends have been anything but predictable. In this year-end review, let’s explore the key developments that defined the …
Read More »Iran Becomes Third Country to Develop Rapid Gas Detection Kits for Oil, Mining Industries
Iranian scientists have developed the technical know-how to produce rapid gas detection kits, making Iran the third country to achieve this feat. The kits, known for their low cost and high quality, are now being exported due to their efficiency in quickly detecting gases in the oil, gas, and mining …
Read More »Iran and Turkmenistan Discussed Expanding Oil, Gas Sector Cooperation
At a meeting in Ashgabat between the President of Turkmenistan Serdar Berdimuhamedov, Iranian Energy Minister Abbas Aliabadi, and Chairman of the Central Bank Mohammad Reza Farzin, the possibilities of expanding bilateral cooperation between the two countries in the oil and gas sector, as well as diversifying energy supplies to global …
Read More »Saudi Minister: OPEC+ Move to Delay Output Hike was a Reality Check
The OPEC+ group faced a “reality check” in discussions about its production policy and had the double task of attending to fundamentals and at the same time putting together something to assuage the negative market sentiment, Saudi Energy Minister, Prince Abdulaziz bin Salman, told CNBC in an exclusive interview on …
Read More »Iran-IAEA Interactions must Occur in Non-Political Atmosphere
Iranian Parliament Speaker Mohammad Bagher Ghalibaf has said that the interactions between Iran and the IAEA should occur in a non-political atmosphere and within the framework of existing commitments. During an open session of the Iranian Parliament on Sunday morning, Ghalibaf reacted to the anti-Iran stance of the three European …
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