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Head of the Atomic Energy Organisation of Iran (AEOI) Ali-Akbar Salehi has in a letter to Director General of the International Atomic Energy Agency Rafael Mariano Grossi reaffirmed Iran’s full cooperation with the IAEA, according to Iran’s envoy to international organisations in Vienna. “In this letter, it is mentioned that …

Climate activists who scored big against Western majors last week had some unlikely cheerleaders in the oil capitals of Saudi Arabia, Abu Dhabi and Russia. Defeats in the courtroom and boardroom mean Royal Dutch Shell, ExxonMobil and Chevron are all under pressure to cut carbon emissions faster. That’s good news …

The global crude oil demand will grow by 6 mln barrels daily in 2021. The forecast is kept unchanged as compared to the April estimate, according to the final report of the OPEC+ Joint Technical Committee (JTC), with its copy seen by TASS. Committee experts had a videoconference meeting today. …

Tehran can increase its oil production to 6.5 million barrels per day, more than double the current volume without any problems, Bijan Zanganeh, the Iranian oil minister, said on Monday as published by the ministry’s Shana portal. US Imported Oil Twice From Iran in Last Two Quarters Despite Sanctions, EIA …

Iran and six world powers have made significant progress in talks to revive their 2015 nuclear deal but important issues still need to be resolved, the Iranian Foreign Ministry spokesman said on Monday. Iran and the powers have negotiated in Vienna since April to work out steps that Tehran and …

Russian gas supplies through Ukraine will continue as long as relevant contracts are in force, as Moscow does not pursue the goal of suspending the supplies after commissioning the Nord Stream 2 pipeline, Russian Foreign Ministry’s Department of Economic Cooperation Director Dmitry Birichevsky said in an interview with Sputnik. “The …

When it comes to the global shift to low-carbon energy sources, Europe has traditionally been viewed as the world leader. Meanwhile, the United States has frequently been regarded as an important—albeit grudging—participant. Over the past half-decade, China has also improved its stock in the fast-growing market through a plethora of …

At the Ordinary and Extraordinary Shareholders’ Meeting, shareholders approved on Sunday, almost unanimously, the resolution to change the company’s name from Total to TotalEnergies, thereby anchoring its strategic transformation into a broad energy company in its identity. In tandem with this name change, TotalEnergies is adopting a new visual identity. …

Qatar could become the swing LNG (liquefied natural gas) producer and its LNG expansion plans are slated to boost real economic growth and fiscal surpluses to high-single digits and mid-single digits on average over 2021-27, according to Bank of America report. “Qatar’s LNG strategy appears to be focused on defending …

A variety of buildings, facilities, and dock make up a new skyline like the Russian north has never seen before. Once a sleepy village, the Belokamenka (Russian for “the White stone”) is nowadays the busiest industrial construction site anywhere in the circumpolar north. Over 100 companies are involved in creating …