Chinese President Xi Jinping and Russian President Vladimir Putin will take part in a video conference on Wednesday to launch the construction of new Russian-designed reactors at the Tianwan Nuclear Power Plant (NPP) and the Xudapu NPP in China. The two leaders are expected to formally launch first concreting of …
Read More »
The Biden administration is proposing an array of policy measures to encourage the sale of electric cars in the US — provided they are built in the US by American workers. GM has responded to the administration’s plans by announcing it will spend $1 billion to expand its factory in …
Read More »
Pulitzer-prize winner, respected author, and leading energy expert, Dr. Daniel Yergin, is being recognised for his “exceptional contribution to the oil, gas and energy industry” with the highest honor of the World Petroleum Council, the Dewhurst Award. This distinguished lifetime achievement award celebrates his role as a global authority on …
Read More »
Oil giant ExxonMobil has received an offer for its share of the West Qurna 1 oilfield in Basra, by Iraq, according to reports by Reuters. The head of the state-run oil operating company said on Monday that a formal offer, priced at $350 million, to buy the share had been …
Read More »
Demand for energy in the Mena region is set to grow by 3.35% per annum for the next 15 years in the region, as the population in the Mena region is estimated to grow by 20% to reach 581 million in 2030 and a further 24% by 2050 to hit …
Read More »
Toyota Motor Corp. isn’t slowing down in its push to help achieve a carbon-free society but is even speeding up its effort. The automaker announced on April 22 that it will enter a vehicle in motor racing powered by a carbon-free hydrogen engine. Toyota said it can utilize existing technologies …
Read More »
Iran exported over $34.998 billion worth of non-oil goods to 143 countries last year (March 20, 2020 to March 20, 2021), an economic official said on Sunday. Spokesman for the Islamic Republic of Iran Customs Administration (IRICA) Rouhollah Latifi said that his country exported non-oil products worth over $34.998 billion …
Read More »
Iraqi Electricity Minister Majid Mahdi Hantoush expressed hope that his country could reach an agreement in upcoming negotiations with the Islamic Republic of Iran to increase gas imports. He announced that a delegation from the Iraqi Electricity Ministry will travel to Tehran next week to hold talks with Iranian officials …
Read More »
The 16th OPEC and non-OPEC Ministerial Meeting of the Declaration of Cooperation (DoC), has been held via teleconference on Tuesday under the Chairmanship of Saudi Arabia’s Minister of Energy HRH Prince Abdul Aziz bin Salman and Deputy Prime Minister of the Russian Federation, Co-Chair HE Alexander Novak. According to the …
Read More »
The visit by Chinese Foreign Minister Wang Yi to the Democratic Republic of Congo (DRC) earlier this year was indicative of a shift in Beijing’s lending and investment focus for Africa, according to analysts.During his trip to Kinshasa in January, Wang promised that Beijing would write off loans to the …
Read More »
Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel