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Russian LNG major Novatek said that the Arc7 ice-class module carrier Audax completed its trip along the Northern Sea Route. This is long after the traditional navigation season closure. The vessel delivered a process module weighing almost 12,000 tonnes for Arctic LNG 2 from Tianjin to Murmansk. The module will …

A informed source in Iran’s Oil Ministry told IRNA that the oil ministers of Iran and Qatar will discuss gas swap, common stances in global market and forming joint study group on the sidelines of the upcoming GECF in Doha. The Gas Exporting Countries Forum will be held next week …

Japan’s oil giant Eneos Holdings Inc says it will consider resuming oil imports from Iran if an agreement to revive the 2015 nuclear deal is reached. The company has yet to start necessary preparations to that end. It will take about two-to-three months to resume oil imports from Iran if …

China will help run its coal-fired power plants at full capacity in a bid to ensure energy security, despite the climate goals of the world’s largest polluter. The Chinese government will support industrial sectors in “special difficulty,” state news agency Xinhua reported this week, noting that “Food and energy security …

Europe’s call for U.S. liquefied natural gas continues to run hot in February and is poised to remain the top destination for U.S. shipments for the third month in a row, according to mid-month Refinitiv vessel tracking data on Tuesday. About three quarters of U.S. LNG volumes went to Europe …

South Korea’s Ministry of Foreign Affairs said that they have had a meeting with the Iranian delegation in Seoul to explore ways to release Iran’s funds frozen in the country due to sanctions. Seoul and Tehran are holding working-level consultations seeking ways to resolve the issue of Iranian assets frozen …

The Kurdish Parliament said that the Federal Court’s decision regarding the oil and gas law is a “serious blow to the Iraqi federal system and the rights of citizenship.” In a statement, the Parliament confirmed that the Federal Court’s decision “violates the foundations of the federal system and the Iraqi …

Iran’s crude oil production in January reached 2.503 million barrels per day (bpd), registering a 21-percent increase compared to the figure for December 2021, according to OPEC’s latest monthly report. Iran produced 2.482 million bpd of crude oil in December 2021, the report said citing secondary sources. The Islamic Republic’s …

High energy prices are jeopardizing the world’s pandemic recovery, the International Energy Agency’s executive director said Feb. 16, calling on OPEC and its allies to hit their oil production targets and for countries not to wield energy as a geopolitical weapon. “Today, very high oil and gas prices are putting …

At around the same time as Russian President, Vladimir Putin, had his first in-person meeting with his Chinese counterpart, Xi Jinping, for nearly two years – at the opening of the Winter Olympics ceremony in Beijing – and reiterated that there is ‘no limit’ to how far Russian and Chinese …