Social and Events

Iran’s envoy to Russia denies reports suggesting Moscow controls rights for drilling gas in Caspian Sea. A Tuesday statement by Khazar Exploration and Production Company (KEPCO), the Iranian firm which controls petroleum operations in the Caspian Sea, also denied the claims by Dadras, saying they were utterly baseless and constituted …

Russian Foreign Minister Sergey Lavrov said he supported Norwegian Prime Minister Jonas Gahr Store’s criticism of the European Commission’s call to prohibit the development of new oil and gas fields in the Arctic region. “I agree with the opinion, expressed by Norwegian Prime Minister Store, who has already expressed his …

Adipec, the world’s most influential live and in-person meeting place for energy companies and professionals, will discuss in detail how hydrogen can potentially deliver a holistic, clean, integrated approach to region’s energy sector. Taking place immediately after the UN climate meeting COP 26, Adipec will bring together hundreds of ministers, …

The National Oil Corporation (NOC) announced that the Russian Tatneft Company has initiated the completion of drilling for the identified Well No. B-82 in the Hamada area in the Ghadames Basin, which is progress ceased in February 2011 at a depth of 3900 feet. The NOC indicated that Tatneft will …

The gas price in Europe surpassed $1,100 per 1,000 cubic meters during Monday trading after diving below $1,000 as trading opened, according to data provided by London’s ICE exchange. The price of gas futures for November delivery at the TTF hub in the Netherlands currently stands at $1,123 per 1,000 …

Meeting the net zero carbon emissions target by 2050 is a “massive challenge” for the aviation industry but it offers a huge opportunity for the sustainable aviation fuel (SAF) sector, which is already being propelled by the Covid-19 pandemic, industry experts said. Investments in the SAF industry and work towards …

The Turkish and Russian heads of state discussed establishment of two more nuclear power plants in Turkey in addition to one that is already being built in the country’s South. The conversation arose between Recep Tayyip Erdogan and Vladimir Putin in the Russian resort city of Sochi on Wednesday, Kremlin …

Iran and Venezuela have inked an oil contract to counter the sanctions the United States has imposed on both nations’ oil exports, Trend reports citing Mehr. Venezuela has agreed to a key contract to swap its heavy oil for Iranian condensate that it can use to improve the quality of …

London, IRNA – The 65th Annual Regular Session of the International Atomic Energy Agency ( IAEA) General Conference kicked off in Vienna in presence of Iran on Monday. The 65th Annual Regular Session of the IAEA General Conference is from 20 to 24 September 2021 at the Vienna International Centre …

OPEC has announced that its secretary general, Mohammad Sanusi Barkindo, has visited the Bolivarian Republic of Venezuela at the invitation of its government to celebrate OPEC’s 61st anniversary. The four-day visit to the country has included meetings with Nicolas Maduro, President of Venezuela, Tareck El Aissami, the people’s minister of …