OPEC+ will hold its meeting on Oct. 5 in person in Vienna, an OPEC source told Reuters on Saturday. A virtual option will also be available for some delegations due to the short notice if they are unable to. OPEC+, which combines OPEC countries with allies such as Russia, is …
Read More »Cyberattacks are a Major Risk for the World’s Largest Oil Company
Cyberattacks are among the greatest risks Saudi Aramco faces these days, Amin Nasser, president and chief executive officer at the world’s biggest oil firm, said on Tuesday. “Cyberattacks are one of the top risks we face at Aramco – on a par with natural disasters or physical attacks,” Nasser told …
Read More »Iran, Nigeria to Develop Energy Cooperation
Pointing to the signing of a memorandum of understanding (MoU) between Iran an Nigeria on cooperation in variou fields including exports of technical and engineering services and petrochemical products (Urea), Iranian Oil Minister said, “The two countries have great capacities that can use them to expand bilateral relations in the …
Read More »Iran Sends Technical Team to Help in Cuba Oil Tank Fire
In line with the goals of activating energy diplomacy by the Iranian Ministry of Petroleum, after a massive fire occurred in oil facilities in Cuba by lightning, a group of Iranian experts was sent to help the country. After lightning struck a large crude oil storage facility in the city …
Read More »Iranian Tanker Reloads Oil Confiscated in Greece, Embassy Says
An Iranian tanker will soon return to the country with its oil shipment, months after it was detained off the Greek coast as part of a US crackdown on Iranian crude exports. The cargo of oil confiscated from the Lana is currently being transferred back to the vessel, Iran’s embassy …
Read More »New OPEC Chief Starts Work Monday
Kuwait’s Haitham Al-Ghais will start on Monday his new role as Secretary-General of the Organization of Petroleum Exporting Countries (OPEC), following the late outgoing chief, the Nigerian Mohammad Barkindo. Speaking to KUNA on Sunday, Al-Ghais thanked His Highness the Amir Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah, His Highness the Crown Prince …
Read More »Barkindo to Join Atlantic Council, Leaves OPEC July 31
The Atlantic Council has disclosed that Mohammad Sanusi Barkindo, secretary general for the Organization of the Petroleum Exporting Countries (OPEC), will join the Atlantic Council as a distinguished fellow in the Global Energy Center after the conclusion of his term at OPEC on July 31. Barkindo’s fellowship at the council …
Read More »3rd Iranian Ship Carrying Fuel Docks in Syria’s Banias Port
Simultaneously with the presence of Iranian Foreign Minister Hossein Amir-Abdollahian in Syria, media sources reported the arrival of a new oil tanker of the Islamic Republic of Iran to the port of “Banias” in northern Syria. The fuel oil that reached Banias port is the result of the activation of …
Read More »Iraq to Increase Importing Iranian Gas
Iraqi ministry of electricity announced that the country’s debts for energy imports from Iran have been paid off and Baghdad is now consulting to increase gas imports from Iran. The spokesperson for the Iraqi ministry of electricity told media sources that Iraq imports 40 million cubic meters of Iranian gas …
Read More »Russia Cuts Natural Gas Exports to Europe again
Russia reduced natural gas to Europe again on Friday, including cutting flows by half to Italy and Slovakia and completely to France, as countries have worked to ease their dependence on Russian supplies amid the war in Ukraine. It marks the third day of significant reductions to the fuel that …
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