Social and Events

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 …

News sources reported on Friday night that Rafael Grossi, IAEA Director General Rafael Mariano Grossi may visit Iran before the Board of Governors meeting. The Journalist of the Wall Street Journal claimed that the director-general of the International Atomic Energy Agency will probably visit Iran in the coming days. Laurence …

Oil and natural gas explorers in the U.S. Gulf of Mexico and Louisiana refineries have shut production as Hurricane Ida crashed ashore. Based on the latest forecast by the National Hurricane Center, Ida made landfall near New Orleans Sunday afternoon. About 1.74 million barrels a day, or 95.7% of crude …

A new bridge—part of China’s ambitious Belt and Road Initiative—will now connect China and Russia’s railway systems. The China-Russia Tongjiang-Nizhneleninskoye Bridge connects Tongjiang, a city in China’s far northeastern Heilongjiang province, with Nizhneleninskoye, a town across the border with Russia, along the Amur river. The cross-river bridge is 2,215 metres …