Social and Events

The impact of the blockage of the Suez Canal by a giant container ship will be minimal, while oil prices may increase in the short run, Managing Director of Branko Terzic & Associates LLC, who used to serve as a commissioner on the US Federal Energy Regulatory Commission, said on …

If prices for the commodity average $65 a barrel and all else is equal, borrowing needs for the six countries comprising the council would drop 96% from what they’d be if oil traded at $45, an economist writes The Gulf Cooperation Council’s borrowing requirements could drop to $10 billion over …

Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman Al Saud signed, on March 11, a memorandum of understanding (MoU) with Germany to produce hydrogen. On the sidelines of signing the memorandum, the Saudi Minister said that the Kingdom will secure a leading position in the production of hydrogen since …

The US Senate confirmed former Michigan Governor Jennifer Granholm on 25 February to head the Department of Energy (DOE) despite opposition from a majority of Republicans. After a 65-34 vote, Granholm will now head an agency that is charged with overseeing and implementing US energy policy, including the use of …

The First Meeting of the Ministers of Energy of the Turkic Council will be convened online on 24 February 2021, Trend reports citing the Turkic Council. Hosted by Parviz Shahbazov, Minister of Energy of the Republic of Azerbaijan, the opening remarks of the meeting will be delivered by Minister Shahbazov …

Russian Ambassador and Permanent Representative to the International Organizations in Vienna Mikhail Ulyanov hailed understanding between Iran and the International Atomic Energy Agency, saying it will allow sufficient level of verification. “The IAEA Director General R.Grossi has just returned from #Tehran with positive results,” Ulyanov wrote in his Twitter account …

Director General of the International Atomic Energy Agency (IAEA) Rafael Grossi flew to Tehran on Saturday to conduct talks on further verification activity at Iranian nuclear objects, Russian Permanent Representative to International Organizations in Vienna Mikhail Ulyanov reported. “Today IAEA Director General Rafael Grossi flew to Tehran to specify parameters …

Iran said an attempt by the U.S. government to seize 2 million barrels of oil aboard a Greek-owned tanker was “an act of piracy,” as tensions between Washington and the Islamic Republic show little sign of easing under Joe Biden’s presidency. Washington claims the crude on the Achilleas ship was …

Managing Director of the National Iranian Oil Company (NIOC) has outlined the main Health, Safety and Environment (HSE)-related priorities of the company to its major subsidiaries namely Iranian Offshore Oil Company (IOOC), National Iranian South Oil Company (NISOC), and Iranian Oil Terminal Company (IOTC). In a directive addressed to the …

Laying of the pipeline segment of the Nord Stream 2 pipeline in Danish territorial waters is planned to be completed in April 2021, department head of Gazprom Anton Demchenko said at a teleconference with investors on Tuesday. “Construction of the gas pipeline in Danish waters continues. This is the main …