Energy Policy

China’s Foreign Ministry has announced that Beijing will continue its attempts to restore the US-abandoned 2015 nuclear agreement “at an early date”. Speaking at a regular press conference on Friday, Foreign Ministry spokesman Wang Wenbin said the unilateral withdrawal of the United States from the nuclear deal, formally known as …

The European Union is going ahead with plans to leave the Energy Charter Treaty, which climate activists have slammed as playing for the hydrocarbons team. The Financial Times reports that the European Commission is later today set to propose a joint exit from the Treaty, after several individual member states …

The World Bank’s Board of Executive Directors has recently approved 1.5 billion dollars in financing to accelerate India’s development of low-carbon energy. In a statement, the World Bank has said that the financing will help India promote low-carbon energy by scaling up renewable energy, developing green hydrogen, and stimulating climate …

The European Union failed to agree on proposed reforms to its energy market after a last-minute proposal from rotating president Sweden about extending state support for coal power. The outcome of Monday’s meeting was expected as EU members have markedly different attitudes to coal and its importance in national energy …

Russia will continue developing relations with Arab states and Persian Gulf states in particular, including in energy area, Kremlin Spokesman Dmitry Peskov said in an interview for RT. “Russia will continue its cooperation with many states of the Arab world – first and foremost, Persian Gulf states – in the …

OPEC+ is fighting against “uncertainties and sentiments” in the market that is behaving against the fundamentals and forcing oil producers to take precautions, Saudi Arabia’s Energy Minister has said. “I think the physical market is telling us something and the futures market is telling us something else,” Prince Abdulaziz bin …

Annual investments in improving energy efficiency must triple by 2030 in order for the world to remain able to keep global warming below 1.5 degrees Celsius, the International Energy Agency (IEA) said on Wednesday. Driven by spending on buildings and strong electric vehicle sales, global energy efficiency investment reached a …

Iran will not sign a nuclear deal until all files at the International Atomic Energy Agency are resolved, the advisor to the Iranian negotiating delegation in the nuclear talks said. Seyyed Mohammad Marandi told Al Mayadeen that “Western governments were lying from the very beginning” about Iran’s nuclear activity, stressing …

OPEC will welcome the return of Iran to the international oil market once the U.S. lifts sanctions from Tehran, the secretary general of the cartel said. “We believe that Iran is a responsible player amongst its family members, the countries in the OPEC group. I’m sure there will be good …

The UAE is a recognised global leader in tackling the challenges related to energy, climate change and sustainable development. Not only in words, but also in its actions with major investments into the development and deployment of renewables and technologies focused on reducing greenhouse gas emissions. Dr. Al Jaber is …