Social and Events

Non-oil products worth $61 million were exported from Arvand Free Trade Zone (FTZ), in Iran’s southwestern province of Khuzestan, during the 1.5-month period since the beginning of the current Iranian calendar year (March 21), according to a provincial official. Seyed Ali Mousavi, the deputy head of Arvand Free Zone Organization …

Russian Energy Minister Nikolai Shulguinov and Pakistani Ambassador in Moscow Shafkat Ali Khan signed an agreement for the future construction of the Pakistan Stream gas pipeline on Friday. According to the energy portfolio, the parties penned a protocol of amendments to an intergovernmental agreement that provided for the construction of …

Qatar’s Public Works Authority (Ashghal) has announced plans to build the largest electric charging station for buses in the region, which will run on solar energy and monitor and control the operation of all the sites involved. High-efficiency solar cell shades will be established, becoming the first bus station in …

The International Renewable Energy Agency (IRENA) has signed a partnership agreement with Siemens Energy aimed at advancing the global energy transition. Under the agreement, the organisations will strengthen collaboration on the application of technology to advance and deepen the transition to renewable energy around the world. The wide-ranging scope of …

European investors are going to produce “green” hydrogen in Kazakhstan, said the Ministry of Foreign Affairs of Kazakhstan. “Foreign investors see Kazakhstan as an attractive destination for major renewable energy projects,” said the report. As specified, the results of the study of the country’s potential in this direction were reported …

The world’s seven largest advanced economies have agreed to stop international financing of coal projects that emit carbon by the end of this year, and phase out such support for all fossil fuels, to meet globally agreed climate crisis targets. In a communique on Friday, the Group of Seven nations …

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 …

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 …

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 …

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 …