The value of Iran’s non-oil export rose 5.6 percent during the first seven months of the current Iranian calendar year (March 21-October 22) as compared to the same period of time in the past year, the spokesman of the Islamic Republic of Iran Customs Administration (IRICA) said. According to Morteza …
Read More »IEA: The Rapid Growth of Natural Gas Demand is Coming to an End
The world is investing hundreds of billions of U.S. dollars every year in renewable energy and other clean energy solutions, but it needs more than a trillion U.S. dollars in investments annually if it still stands a chance of reaching net-zero emissions by 2050. These are some of the key …
Read More »China Develops 3D Printed Lithium Metal Battery with High Energy Density
Chinese researchers have recently developed a new type of lithium metal battery with 3D printing technology, significantly improving the battery’s lifespan and energy density, according to the Dalian Institute of Chemical Physics under the Chinese Academy of Sciences. Lithium metal batteries are expected to be the next-generation of high-energy batteries …
Read More »Biden Calls Putin’s Rhetoric on Nuclear Weapons Dangerous
U.S. President Joe Biden expressed skepticism about Russian President Vladimir Putin’s words that he does not intend to use nuclear weapons in Ukraine, the Voice of America reports. Biden considers the Russian president’s rhetoric dangerous. “If he has no intention, why does he keep talking about it? Why is he …
Read More »China’s Renewable Energy Capacity Expands in January-September
China’s installed capacity of renewable energy registered rapid growth in the first nine months of the year amid the country’s pursuit of green development. In the January-September period, the installed capacity of wind power increased 16.9 percent year on year to around 350 million kilowatts, while the installed capacity of …
Read More »Gazprom: Creating Gas Hub will Benefit Russia, Turkey, Europe and Azerbaijan
Creating a gas hub would be beneficial for all the parties: Russia, Turkey, Europe and Azerbaijan, Head of the Board of Directors of Gazprom Viktor Zubkov told the press behind the scenes of Eurasian Economic Forum in Baku, RIA Novosti reported. “Everybody benefits from it – Russia, Turkey, Azerbaijan, Europe, …
Read More »Saudi Aramco Creates $1.5B Energy Transition Fund
Oil and gas giant Saudi Aramco has created a $1.5 billion fund to invest in technology supporting a stable and inclusive energy transition. It was unveiled at the sixth edition of the Future Investment Initiative (FII) and is among the largest sustainability-focused venture capital funds globally. Managed by Aramco Ventures, …
Read More »Germany Agrees to Controversial Port Deal with Chinese Company
Germany has agreed to sell a stake in the port of Hamburg to a Chinese company in what is bound to be seen as a highly controversial deal putting Germany in a position of dependency to Beijing. Euronews reported that the German government had given COSCO the green light to …
Read More »IEA Expects Demand for all Fossil Fuels to Peak in the next Decade
Fossil fuel consumption is expected to peak or plateau within this decade, accelerated by the policy and trade flow shifts following the Russian invasion of Ukraine, the International Energy Agency (IEA) said on Thursday. For the first time ever, a World Energy Outlook scenario from the IEA based on the …
Read More »Raeisi Arrives in Zanjan, Inaugurates Major Power Plants
President Ebrahim Raeisi arrived in northwestern city of Zanjan on Thursday moirning and inaugurated a major power plant there. President Ebrahim Raeisi arrived in the city of Zanjan province this morning for a one-day visit to the northwestern province. Upon his arrival, the president inaugurated 6 power plants, including two …
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