Iran’s Ambassador and Permanent Representative to the Vienna-based International Organizations Kazzem Qaribabadi called on the International Atomic Energy Agency (IAEA) to remain impartial and professional in its reports about the country’s nuclear program. Qaribabadi made the remarks on Tuesday after IAEA Chief Rafael Grossi claimed in a report that Iran …
Read More »Financing Critical for Climate Change Targets in Developing Countries
The Organisation of Petroleum Exporting Countries (OPEC), says financing remains critical, in meeting any climate change target for developing countries. Dr Mohammad Barkindo, OPEC Secretary General, disclosed this at a video conference, entitled: “Ministerial Roundtable on Energy, Climate and Sustainability on Monday. “Financing is critical to reach any climate targets …
Read More »Nord Stream 2 to Start Its Work in a Few Days
The Nord Stream 2 gas pipeline will be finished soon as Interfax reported citing Russia’s Foreign Minister Sergey Lavrov. “It will be finished in a few days; it will start to work,” Lavrov said. The end of the construction of the Nord Stream 2 gas pipeline in the waters of …
Read More »Iraq and France Sign an Agreement to Invest in Gas and Develop Oil Fields
Under the sponsorship of the Iraqi Prime Minister Mustafa Al-Kadhimi, the agreement for optimal investment projects for associated gas and developing oil fields between the Iraqi Oil Ministry and the French Total was signed today. The agreement includes, according to a statement by Al-Kadhimi’s office, “three contracts between the Iraqi …
Read More »OPEC+ Focuses on Increasing Oil Output by 400,000 bpd/Month
OPEC+ will likely stick to their policy of increasing oil production by 400,000 barrels per day (bpd) per month, Reuters reported, citing four sources. OPEC+ experts revised the 2022 oil demand growth forecast to 4.2 million bpd, according to two sources. OPEC and its allies will meet today, Sept. 1, …
Read More »Iran FM: Nuclear Talks Real Only If Producing Tangible Results.
Iran’s Foreign Minister Hossein Amir Abdollahian says Tehran will not run from the negotiating table over its nuclear program, but this administration believes talks will be real only if they produce tangible results. Amir Abdollahian dismissed the US recent threats against Iran over the nuclear negotiations, and said, “They’re like …
Read More »Iran Nuclear Chief Hails Advancement in Quantum Tech
The head of Atomic Energy Organization of Iran (AEOI) said that the country’s advancement in quantum technology in the last five years is valuable and praiseworthy and suggests a bright future in this area. In a meeting on Saturday attended by AEOI chief Ali-Akbar Salehi and head of Nuclear Science …
Read More »Nord Stream 2 Pipeline must Follow EU Competition Rules
The Nord Stream 2 gas pipeline is not exempt from European Union competition rules, a German court has ruled. The operating company of the Baltic Sea pipeline failed in its bid to be excluded from certain EU regulations and must now unbundle its business. The regional court decision is a …
Read More »Asia Needs $3 Trillion of Energy Investment
Asia remains a leading energy demand centre and will increasingly drive global energy trends. Energy demand in Southeast Asia has grown by 80% since 2000, at a rate far exceeding the global average. This rapid expansion has maintained pace during the pandemic and is poised to accelerate in 2021, according …
Read More »Merkel says Europe will Need No Russian Gas in 25 years
Europe wants to achieve climatic neutrality in 25 years and will need much less gas than today, German Chancellor Angela Merkel said on Sunday after talks with Ukrainian President Vladimir Zelensky. “Europe will need to achieve climatic neutrality step by step by 2050,” she said. “It means that in 25 …
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