Oman’s Ministry of Energy and Minerals and the International Energy Agency (IEA) will organise a Ministerial Dialogue on September 9 to explore ways to leverage clean energy transitions to ensure broader economic resilience. The Ministerial Dialogue – which will be co-hosted by Oman’s Minister of Energy and Minerals Mohammed bin …
Read More »Putin Does Not Plan Contacts with Saudi Arabia before OPEC+ Meeting
Russian President Vladimir Putin is not planning contacts with the leadership of Saudi Arabia before the ministerial meeting of the OPEC+ countries, there is no need for such high-level dialogue now, Russian presidential spokesman Dmitry Peskov said on Tuesday. “Deputy Prime Minister of Russia Alexander Novak is in constant contact …
Read More »1-Billion-Ton Oil and Gas Field Discovered in Xinjiang’s Tarim Basin
China has discovered a new 1-billion-ton super-deep oil and gas area in the Tarim Basin in Northwest China’s Xinjiang Uygur Autonomous Region, the largest discovery in the basin in nearly 10 years, the Chinese state-owned energy giant China National Petroleum Corporation (CNPC) said on Friday. The discovered well is located …
Read More »Oil, Gas Industry Innovation, Technology Park Starts Operating
An Oil and Gas Industry Innovation and Technology Park has been officially inaugurated with the aim of developing technologies and expanding cooperation among those who are active in innovation and technology. The inauguration ceremony has been held at the presence of Iran’s Oil Minister Bijan Zanganeh, Iranian Vice-President for Science …
Read More »World Bank Upgrades MENA Growth Forecast to 2.4% in 2021
Oil-exporting countries in the region are expected to fare better this year as higher crude prices bolster their finances Cairo, Egypt. The Arab world’s third-largest economy was one of a few economies to escape a coronavirus-induced contraction in 2020 but growth is expected to soften this year. Reuters The Middle …
Read More »OPEC to Host the First Vienna Energy Scholar Programme
The OPEC Secretariat and the City of Vienna will jointly host the First Vienna Energy Scholar Programme (VESP) from 4 to 8 October 2021. The programme aims to provide successful candidates with the opportunity to learn about the Organization’s activities with a focus on short-, medium- and long-term energy perspectives …
Read More »Russia’s Lukoil Happy to Resume Talks on Iranian Projects Once US Sanctions Lifted
Russia’s Lukoil would be “happy” to return to talks on its Iranian oil projects, which were at an advanced stage, once US sanctions on the Middle Eastern country are lifted, CEO Vagit Alekperov said June 3. Lukoil was in talks with Iran to develop the Ab Teymour and Mansouri oil …
Read More »Iran’s Energy Minster in Russia for SPIEF 2021
Iranian Energy Minister Reza Ardekanian has travelled to Russia to take part in the 24th edition of St. Petersburg International Economic Forum (SPIEF). Heading a delegation, the Iranian minister arrived in Moscow on Wednesday to attend the economic forum. Ardekanian is going to hold talks with his Russian counterpart to …
Read More »UAE Highlights Carbon Emission Reduction Strategies
A UAE climate negotiation team, presided over by the Ministry of Climate Change and Environment, is participating in the virtual meetings of the parties to the United Nations Framework Convention on Climate Change (UNFCCC), launched on May 31 and continues until June 17. The meetings aim to pave the way …
Read More »World’s Largest LNG Construction Yard Taking Shape in Belokamenka
A variety of buildings, facilities, and dock make up a new skyline like the Russian north has never seen before. Once a sleepy village, the Belokamenka (Russian for “the White stone”) is nowadays the busiest industrial construction site anywhere in the circumpolar north. Over 100 companies are involved in creating …
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