Top News

German Chancellor Angela Merkel tried to soothe fears over the Nord Stream 2 gas pipeline and reaffirmed support for Ukraine’s role as a gas transit country. In particular, this was discussed during a joint press conference between Merkel and Polish Prime Minister Mateusz Morawiecki, Reuters reports. “I made clear that …

China’s National Development and Reform Commission (NDRC) said this week the country will roll out a pilot scheme for green power trading between corporate consumers and renewable energy generators. The program is being carried out by the Beijing Power Exchange Center and the Guangzhou Power Exchange Center. Under the pilot …

International Atomic Energy Agency director Rafael Grossi held talks with Mohammad Eslami, the new chief of the Atomic Energy Organization of Iran (AEOI) on Sunday morning. Grossi visited Tehran last night at the head of a delegation. Iran’s ambassador to the IAEA, Kazem Gharibabadi, said on Saturday that Iran and …

U.S. imports of crude oil from Iraq averaged 106,000 barrels per day (bpd) last week, the Energy Information Administration (EIA) said on Sunday, amid a drop in its appetite during the same period. In its weekly report on U.S. oil imports, EIA Said that the U.S. imports averaged million 4.985 …

Apparently, China has been the talk of the town for quite some time. While the entire yesteryear passed in a flurry of blame game over the pandemic, this year has been nothing short of a blessing for Xi’s regime. However, while China rapidly compensated for the drastic slump last year, …

Brazil’s oil industry has absolutely exploded in recent years, and now the Latin American country could even be on track to becoming a global top 5 producer. In a little over a decade Latin America’s largest economy Brazil has become a leading global oil producer. At the end of 2020, …

Despite all the external challenges like the coronavirus pandemic and the U.S. sanctions, the Iranian oil and gas sector has been developing at a fast pace and the country is passing new milestones in this industry every day. Various sectors of Iran’s oil and gas industry including exploration, production, processing, …

Ukraine has said it will continue to fight against the Nord Stream 2 after Russia announced the gas pipeline was completed. The Kremlin said the pipeline, which runs from Russia to Germany, should be put into operation “as soon as possible”. The controversial project, which began in April 2018, has …

News sources reported on Friday night that Rafael Grossi, IAEA Director General Rafael Mariano Grossi may visit Iran before the Board of Governors meeting. The Journalist of the Wall Street Journal claimed that the director-general of the International Atomic Energy Agency will probably visit Iran in the coming days. Laurence …

Oil prices rose on Friday on growing signs of tightness in US markets after Hurricane Ida hit offshore output, although benchmarks were heading for weekly losses of nearly 1% after China announced plans to sell crude from its strategic reserves. Brent crude futures for November rose 63 cents, or 0.9%, …