Social and Events

OPEC ministers are due to hold a meeting on Monday to discuss the appointment of a new secretary general, two OPEC sources said, with Kuwait’s candidate for the job holding widespread support from the group. Haitham al-Ghais, a former Kuwaiti governor to the Organization of the Petroleum Exporting Countries, is …

Iranian Oil Ministry and the Academic Center for Education, Culture, and Research (ACECR) have signed two memorandums of understanding (MOUs) and two contracts for expanding cooperation in various areas. The mentioned agreements were signed on Monday by ACECR Head Hamidreza Tayebi and the representatives of companies affiliated with the Oil …

A member of the Board of Directors of Iran-Iraq Joint Chamber of Commerce put the value of products exported from the country to Iraq in the first eight months of the current year (Mar. 21 – Nov. 22) at above $6.1 billion. Seyyed Hamid Hosseini broke the news in an …

US senators came to terms concerning consideration of the bill on sanctions against the Nord Stream 2 gas pipeline tabled by Senator Ted Cruz (Republican-Texas) and would vote on this initiative on January 14, 2022 at the latest. “The Senate reached an agreement that at a time to be determined …

The Islamic Republic of Iran delivered the fourth shipment of its gas condensate to Venezuela in line with concluding a contract with Venezuela for exporting gas condensate and importing crude oil in return. Iran has delivered the fourth cargo of crude oil condensate to Venezuela since the start of this …

The International Atomic Energy Agency, IAEA, has confirmed that Iran has invited the UN nuclear watchdog’s chief Rafael Grossi to Tehran for a visit. In a statement, the IAEA said the date of the visit is being finalized. Earlier, Iranian Foreign Ministry spokesman Saeed Khatibzadeh said Grossi will soon visit …

Toyota Motor Corp said on Saturday it will partner with four other Japanese vehicle makers to explore the viability of alternative green fuels for internal combustion engine cars, including hydrogen and synthetic fuels derived from biomass. The companies, which in addition to Toyota include Mazda Motor Corp, Subaru Corp, Yamaha …

The top diplomats from Iran and China discussed upcoming nuclear talks in Vienna on Saturday and Iran’s cooperation with the UN nuclear watchdog. Foreign Minster Hossein Amir-Abdollahian expressed hope to his Chinese counterpart Wang Yi in a telephone call that the US and the Europeans would “enter the negotiations realistically,” …

Iran’s envoy to Russia denies reports suggesting Moscow controls rights for drilling gas in Caspian Sea. A Tuesday statement by Khazar Exploration and Production Company (KEPCO), the Iranian firm which controls petroleum operations in the Caspian Sea, also denied the claims by Dadras, saying they were utterly baseless and constituted …

Russian Foreign Minister Sergey Lavrov said he supported Norwegian Prime Minister Jonas Gahr Store’s criticism of the European Commission’s call to prohibit the development of new oil and gas fields in the Arctic region. “I agree with the opinion, expressed by Norwegian Prime Minister Store, who has already expressed his …