Steel giant ArcelorMittal Nippon Steel (AMNS) has signed with France’s Total for the supply of up to 500,000 tons of liquefied natural gas (LNG) per year to run its steel and power plants located in Hazira, Gujarat state. The LNG will be sourced from Total’s global portfolio and offloaded either …
Read More »Turkey Signals New Natural Gas Discovery in Black Sea
Turkey will conduct new drillings in areas in the Eastern Mediterranean where it sees signs of natural gas, Energy and Natural Resources Minister Fatih Dönmez said Monday. “We think there is potential in the wells we have drilled,” Dönmez told the private broadcaster, A Haber. The minister also signaled new …
Read More »European Investors are Going to Produce Green Hydrogen in Kazakhstan
European investors are going to produce “green” hydrogen in Kazakhstan, said the Ministry of Foreign Affairs of Kazakhstan. “Foreign investors see Kazakhstan as an attractive destination for major renewable energy projects,” said the report. As specified, the results of the study of the country’s potential in this direction were reported …
Read More »Ulyanov: Iran-IAEA Agreement to be Beneficial in Vienna Talks
Russia’s Permanent Representative to International Organizations in Vienna said that reaching an agreement between Iran and IAEA will be beneficial to all sides in the Vienna talks. Mikhail Ulyanov in a Sunday tweet wrote,” We wish the #IAEA and #Iran to reach agreement on extension of the bilateral technical understandings …
Read More »Iraq Says $150bn Stolen Oil Cash Smuggled out since 2003
Iraq’s president said Sunday $150 billion from oil had been smuggled out of the country since Saddam Hussein was ousted in 2003, as he introduced a law to fight endemic corruption. President Barham Saleh presented a draft law to parliament to fight corruption, recover stolen funds and hold perpetrators to …
Read More »Russian Pipe-Laying Vessel Continues Work on Nord Stream 2 Project in German Waters
Previously, a lawsuit filed by the German environmental charity Nabu against the construction of the gas pipeline halted the issuance of the work permit by the Federal Maritime and Hydrographic Agency, but it later said the work could continue in May. Despite pressure from the US, Russia’s Fortuna vessel has …
Read More »Aramco and Siemens Team up to Take on Cybercrime
As Aramco, Siemens Energy and the World Economic Forum state they will be launching a joint report on cyber resilience, Siemens also announces its cybersecurity collaboration with ServiceNow to help energy companies track and respond to cyber threats. After this month’s Colonial Pipeline cyber-attack, which held the energy firm at …
Read More »Middle East has Set to Become a Hydrogen Hub
The biggest oil-exporting region in the world, the Middle East, has set its sights on becoming a major clean energy exporter of green hydrogen. The largest oil producers in the Arab Gulf have jumped on the hydrogen bandwagon — especially its so-called green variety produced from water electrolysis using electricity …
Read More »Iran-IAEA Agreement Maybe Extended for Another Month
An informed source in the Secretariat of Iran’s Supreme National Security Council announced the possibility of extending the agreement between Iran and the International Atomic Energy Agency for one month. Due to the end of Iran’s quarterly deadline to the International Atomic Energy Agency, there is a possibility of conditional …
Read More »India still Interested in Farzad B Gas Field as Refineries Eye Iran Crude
India is still hopeful it can participate in the Farzad B natural gas field development in the Persian Gulf after Iran decided to go ahead with the project without foreign participation, oil ministry officials told S&P Global Platts on May 23. With US and Iran talks progressing to end sanctions …
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