Energy Policy

The coronavirus pandemic has disrupted maintenance at oil and gas projects and refineries from Russia’s Far East to the coast of Canada, storing up problems for an industry already reeling from slumping prices, analysts say. Lockdowns to stop the spread of COVID-19 have snarled the supply of spare parts and …

Iranian Foreign Ministry Spokesman Abbas Mousavi condemned the US’ threats against free trade, warning that any seizure of Iranian tankers will be retaliated. “Free trade between independent states is legitimate, and what is illegal is interference in these relations and the US is standing at the forefront of that. Trump’s …

Iranian Government Spokesman Ali Rabiei said that trade volume exchange between Islamic Republic of Iran and Venezuela, as two independent countries in the world, has nothing to do with anyone else, and the Islamic Republic of Iran will not hesitate to sell its oil.

The Joint Comprehensive Plan of Action (JCPOA) between Iran and the 5 + 1 group was implemented only by Iran, said Chairman of the Iranian parliament’s national security and foreign policy committee Mojtaba Zonnour, Trend reports citing Mehr news agency. According to Zonnour, one of the important goals of the …

Russian oil producers are confronting their greatest challenge in decades as they try to fend off a historic price slump without permanently damaging their fields. To save the market from collapse caused by the coronavirus, Moscow and its OPEC allies agreed to cut crude output deeper than ever before. Their …

European Union [EU], as one of parties to the Joint Comprehensive Plan of Action [JCPOA] that benefits from all its aspects, must take decisive action to maintain balance of JCPOA.

The Joint Ministerial Monitoring Committee (JMMC) meeting will be held on June 8, 2020, most probably in a video format, while ministerial meetings of OPEC and non-OPEC states will be held on June 9 and 10 as planned, sources in delegations told TASS. “The JMMC meeting will be held on …

Iran's Ambassador to Croatia called on the European countries for a change of approach and adopting practical support to multilateralism and the 2015 nuclear deal, also known as the Joint Comprehensive Plan of Action.

Rejecting the US claims on the nuclear deal with Iran, Russia's Permanent Representative to the United Nations Mikhail Ulyanov said that many countries are of a different view.

Russia's Permanent Representative to the United Nations Mikhail Ulyanov said that US pullout from Iran’s nuclear deal, known as Joint Comprehensive Plan of Action [JCPOA], led to a decline of security in the Persian Gulf [PG].