Energy Policy

Era of Unilateralism Over

Oil Minister Bijan Zangeneh on Monday slammed the US for imposing sanctions against him, saying that the era of unilateralism is over in the world. “Imposition of sanctions on me and my colleagues is a passive reaction to the failure of Washington’s policy of reducing [Iran’s] crude oil exports to …

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Japan to Go Carbon-Free by 2050

Japan will achieve zero carbon emissions by 2050, Prime Minister Yoshihide Suga declared Monday in his first policy speech as leader, outlining an ambitious agenda as the country struggles to balance economic and pandemic concerns. The policy speech at the outset of the parliamentary session reflects Suga’s pragmatic approach to …

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Nord Stream 2 Project Will Be Completed

In mid-September, Kremlin spokesman Dmitry Peskov warned against politicising the Nord Stream 2 gas pipeline project, which he said is profitable for both Russia and the EU. The statement came amid Berlin’s threats to freeze the project due to Moscow’s alleged role in the purported poisoning of Russian opposition figure …

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Energy Demand Recovery could be Delayed

A new report by the International Energy Agency (IEA) has found that global energy demand is only expected to rebound to its pre-Covid levels by early 2023, if the pandemic is not prolonged. The IEA said that in the event of a prolonged pandemic, global energy demand would only rebound …

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