The 12-day war and an unprecedented surge in fuel consumption tested the resilience of Iran’s energy infrastructure and industry cohesion. Despite direct attacks on oil depots in Rey and Shahran, fuel supply continued uninterrupted, with a historic record set in product distribution. Meanwhile, over 600 CNG stations voluntarily provided free …
Read More »Indonesia to Host World’s Ninth-Largest Floating LNG Facility
Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, announced that Indonesia will have the world’s ninth-largest Floating Liquified Natural Gas (FLNG) facility, which will also be the largest of its kind in the country. Bahlil shared this news during an inspection of two gas companies, Genting Oil Kasuri and …
Read More »Iran’s Oil Minister Arrives in Iraq for Energy Talks
Iran’s Oil Minister Mohsen Paknejad arrived in Iraq on Monday at the invitation of his Iraqi counterpart. Upon arrival, Paknejad paid tribute to the memorial site of the martyrs General Qassem Soleimani and Abu Mahdi al-Muhandis. The Oil Minister’s visit to Baghdad will last two days, and he is scheduled …
Read More »Iran’s Oil Minister Elected as OPEC President for 2025
Iranian Oil Minister Mohsen Paknejad has been elected as the president of the Organization of the Petroleum Exporting Countries (OPEC) for 2025. Paknejad expressed gratitude for the trust placed in him, pledging to utilize all his efforts and resources to strengthen OPEC’s unity and progress. “Serving as OPEC president is …
Read More »China Set to Break Solar Capacity Growth Record again
China is about to wrap another record-breaking year for solar capacity additions, Bloomberg has reported, with new installations set to reach between 230 and 260 GW. The data comes from the China Photovoltaic Industry Association, with the growth sizable in spite of the industry’s recent struggles with profitability and excess …
Read More »Iran-Russia Partnership Agreement to Cover Defense Sphere
The agreement on all-encompassing partnership between Russia and Iran will cover the defense and security sphere, Russian Deputy Foreign Minister Andrey Rudenko said. “Concerning the contents of the mentioned founding document, I would elect not to disclose details earlier. I would only note it will meet challenges and requirements of …
Read More »OPEC Chief Praises Iran’s Former Oil Minister
The secretary general of the Organization of Petroleum Exporting Countries (OPEC) has thanked Iran’s former Oil Minister Javad Oji for his positive contribution to the organization, Tasnim News Agency reported. In a message to Oji, Haitham al-Ghais said: “I have received the news of the change in the oil ministry …
Read More »Kazakhstan’s Astana to Host Discussion on Central Asia, Caspian Regions’ Hydro-Economy Prospects
Prospects of ‘green’ hydrogen production in the countries of Central Asia and the Caspian region will be discussed in Kazakhstan’s Astana on September 17, Trend reports via Globuc International Company. “This is a unique business event dedicated to considering the prospects of ‘hydrogen economy’ in the region. It will be …
Read More »International Energy Agency to Open First Regional Office in Singapore
The International Energy Agency (IEA) will open its first regional office in Singapore, which will work with countries in Southeast Asia and beyond to enhance energy security and accelerate clean energy transitions. The IEA Regional Cooperation Centre will be the agency’s first office outside of its Paris headquarters. It is …
Read More »Tanker Seized by Iran Carrying Turkish Oil Bought from Iraq
Turkey’s main oil refiner Tupras claims that a ship seized by Iran off the coast of Oman was laden with Turkish crude imported from Iraq. Tupras said in a statement that radio communication with the Greek-owned and Tupras-chartered vessel was cut off at around 6:30 a.m. Istanbul time Thursday off …
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