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Spokesperson for the Iranian Foreign Ministry Esmaeil Baqaei said the country’s peaceful nuclear activities are under surveillance of the International Atomic Energy Agency (IAEA). Asked by reporters about the recent comments from IAEA Director General Rafael Grossi that Iran has enhanced its uranium enrichment capabilities, Baqaei said on Saturday that …

Qatar will be doubling its LNG production in a few years to almost 160mn tonnes per year (tpy) in a “responsible way” with carbon capture and sequestration, HE the Minister of State for Energy Affairs, Saad bin Sherida al-Kaabi said Saturrday. The country’s LNG production will go up from the …

The European Union is working with the United States to soften the blow without undermining their shared stance against Moscow. Gazprombank, pivotal for Russian natural gas transactions, has become a focal point of geopolitical and energy strategy since the U.S. imposed sanctions last month. While President Vladimir Putin’s decision to …

The U.S. LNG export industry has recently hit several stumbling blocks. And who will be America’s president in the next four years may not even be the biggest. Litigation at court from environmental groups, a contractor bankruptcy, and President Joe Biden’s permit pause have combined to increase uncertainty for U.S. …

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, after falling in the two weeks prior. The total rig count rose by 7, landing at 589 total rigs, according to Baker …

Reuters has reported that OPEC oil production is up for the second month in a row in November with the recovery of Libyan production. The agency said that surveys showed the organization pumped 26.5 million barrels per day last month, an increase of 180 thousand barrels per day from last …

Oil supplies from Russia to the Czech Republic via the Druzhba pipeline resumed early on Friday, Czech refiner ORLEN Unipetrol said, after flows were interrupted earlier this week. “Oil supplies were restored this morning and oil is flowing again through the Druzhba pipeline to the Czech Republic,” Unipetrol’s chief executive …

Shell PLC has committed to buy three million tons per annum (MMtpa) of liquefied natural gas (LNG) from QatarEnergy for the British energy giant’s activities in China. Delivery under the long-term deal will start January 2025, QatarEnergy said in an online statement, not specifying the duration of the agreement. “This …

BP is looking to sell up to 49% of its U.S. natural gas pipeline network in a deal that could fetch up to $3 billion, Reuters reported on Friday, citing anonymous sources with knowledge of the plans. The potential sale would be part of BP’s efforts to reduce its net …

The OPEC+ group faced a “reality check” in discussions about its production policy and had the double task of attending to fundamentals and at the same time putting together something to assuage the negative market sentiment, Saudi Energy Minister, Prince Abdulaziz bin Salman, told CNBC in an exclusive interview on …