Energy Policy

Iranian Head of Atomic Energy Organization Mohammad Eslami emphasized that the International Atomic Energy Agency cannot claim Iran’s operations are not based on the rules of the Agency. Mohammad Eslami on the sideline of the Cabinet session on Wednesday told reporters, “The Islamic Republic of Iran from the outset has …

Microchips, along with their parts and components have become a huge part of modern life. They’re used in computers, machinery, phones, and many other electronics and appliances we use on a daily basis. Of course, various metal parts and components are integral to the manufacturing of these microchips. How has …

While OPEC often finds itself the usual suspect when it comes to high crude oil and gasoline prices, it is not behind the current inflation trend, OPEC Secretary General Haitham Al Ghais said on Wednesday. “There are other factors beyond OPEC that are really behind the spike we have seen …

The United Nations chief has called for an immediate end to all military activity around Europe’s largest nuclear power plant in southeastern Ukraine, as Moscow and Kyiv blamed each other for renewed shelling. Ukraine’s Energoatom agency said the Zaporizhzhia complex was struck five times on Thursday, including near where radioactive …

The United Nations chief warned in an address on Monday that “humanity is just one misunderstanding, one miscalculation away from nuclear annihilation,” citing the war in Ukraine, nuclear threats in Asia and the Middle East and many other factors. Secretary-General Antonio Guterres gave the dire warning at the opening of …

The secretary general of the Organization of Petroleum Exporting Countries (OPEC) said that Iran was one of the most important founding members of the entity with a significant role in stabilizing the oil market. In an interview with Kuwaiti newspaper Al Ra’I on Sunday, Haitham al-Ghais said that Iran and …

The CEO of the National Iranian Oil Company has said the signing of strategic cooperation agreement between Iran and Russia is the biggest investment deal in the history of Iranian oil industry. Speaking at a ceremony where the agreement between the NIOC and Russia’s Gazprom Company was signed, Mohsen Khojastehmehr …

Saudi Minister of State for Foreign Affairs Adel Al-Jubeir has said Saudi Arabia will boost oil production only in case of a supply shortage in the market. Speaking to the media early Saturday, Al-Jubeir said the decisions on production will be made in coordination with members of OPEC and OPEC+ …

Canadian Prime Minister Justin Trudeau said that the sanctions exception it made to return Russia’s repaired gas turbine was a “very difficult” decision to make, Reuters reported on Wednesday. Canada said over the weekend that it had provided a “time-limited and revocable permit” to return the turbine to Gazprom for …

A global squeeze on energy supply that’s triggered crippling shortages and sent power and fuel prices surging may get worse, according to the head of the International Energy Agency. “The world has never witnessed such a major energy crisis in terms of its depth and its complexity,” IEA Executive Director …