Energy Policy

Saudi Arabia said global oil production could drop 30 per cent by the end of the decade due to falling investment in fossil fuels. “We’re heading towards a phase that could be dangerous if there’s not enough spending on energy,” Oil Minister Abdulaziz bin Salman said in Riyadh. The result …

Attempts to cut investment in oil and gas to combat climate change are “misguided,” Organization of the Petroleum Exporting Countries (OPEC) Secretary General Mohammad Barkindo told an energy conference on Wednesday, December 8, arguing that producers have a critical role to play during the transition to cleaner fuels. Speaking at …

The head of Atomic Energy Organization of Iran (AEOI) has said that the Vienna talks are on return of the US to the July 2015 nuclear deal and that the United States has to lift all sanctions. Removal of the sanctions has to be practical and have the possibility to …

Saudi Arabia’s Energy Minister Abdulaziz bin Salman played down the likely fallout from the new coronavirus variant that pummeled oil markets last week. “I’m a very relaxed person. I’m not concerned,” the minister said when asked how the new strain may affect demand. Abdulaziz, who was speaking to reporters in …

Head of Iran’s negotiating team in nuclear talks and deputy Foreign Minister for Political Affairs, Ali Bagheri arrived in Vienna on Saturday to attend a meeting of the JCPOA Joint Commission. Heading a delegation, Bagheri has traveled to Vienna to attend a meeting of the JCPOA Joint Commission on Monday. …

The head of the world’s leading energy authority has said that some countries had failed to adopt a helpful position to calm soaring oil and gas prices, criticizing “artificial tightness” in energy markets. ″[A] factor I would like to underline that caused these high prices is the position some of …

The Head of the Iranian Atomic Energy Organization (AEOI) Mohammad Eslami met and held talks with the IAEA Director-General Rafael Grossi in Tehran. The IAEA Chief Rafael Grossi who arrived in Tehran on Monday night met with the Head of the Iranian Atomic Energy Organization (AEOI) Mohammad Eslami on Tuesday …

Director-General of the International Atomic Energy Agency (IAEA) Rafael Grossi will visit Tehran next week, an Iranian official said on Wednesday. “Grossi will arrive in Tehran on Monday,” Spokesman of Iran’s Atomic Energy Organization (IAEO), Behrouz Kamalvandi said. Kamalvandi added Grossi will meet Iran’s Foreign Minister Hossein Amir Abdollahian and …

OPEC Secretary General Mohammad Barkindo said on Monday that oil and gas were “targeted” for the first time at COP26 as having no place in the energy transition. As an outcome of COP26, oil producers will have a lot of work to do, Barkindo added.

Repeating unconstructive allegations against Iran, the director-general of the International Atomic Energy Agency claimed that he needed to meet with senior officials to discuss a long list of issues related to the Islamic Republic’s nuclear program. “I have not had any contact with this government that has been there for …