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Russia’s Permanent Representative to the International Organizations in Vienna said that Moscow is working to ease tensions over Iran’s nuclear program. In a tweet on Tuesday, Mikhail Ulyanov wrote, “The key point at the current meeting of the International Atomic Energy Agency’s Board of Governors is that whether the discussions …

CEO of National Iranian Gas Company Hassan Montazer Torbati said on Tuesday that Iran’s gas export has made 100 percent growth in 8-year term of the incumbent Government with 18b cubic meters export in the current year compared with 9b cm export in 2013. Torbati made the remarks in an …

The world has only a few months to prevent the energy industry’s carbon emissions from surpassing pre-pandemic levels this year as economies begin to rebound from Covid-19 restrictions, according to the International Energy Agency. New figures from the global energy watchdog found that fossil fuel emissions climbed steadily over the …

Global carbon dioxide emissions dropped by 5.8% in 2020 as the COVID-19 pandemic slowed economic activity, but they rebounded at the end of the year and are on course to rise further, the International Energy Agency said on Tuesday. Major economies led a rebound in December when emissions were 2%, …

US-based engineers have joined forces to develop high-voltage reference batteries for behind-the-meter energy storage applications, based on a bipolar technology that uses silicon wafers in traditional lead batteries. The wafers are similar to those in photovoltaic cells and the idea is that the development becomes a ‘plug and play’ solar-powered …

Iranian Energy Minister Reza Ardakanian announced that Iraq would pay its arrears to Iran as part of an agreement with Tehran, saying that the neighboring country will fully pay its debts. “There is no reason to worry about payments related to electricity exports to Iraq as this is carried out …

Iranian Foreign Minister Mohammad Javad Zarif warned that Tehran will take serious action in response to any possible West-sponsored resolution at the International Atomic Energy Agency (IAEA) Board of Governors. “The foreign minister presented a report on the latest developments at the IAEA Board of Governors during the meeting (with …

The decline of Angola, from being Africa’s top crude producer five years ago to barely pumping more than war-torn Libya today, shows the heavy toll of a slump in oil-industry investment. The nation’s production has fallen by more than a third since 2015, when international oil companies started slashing investment …

Chevron Corp on Thursday said it had launched a $300 million fund focused on low-carbon technology, as traditional global oil and gas firms attempt to invest more in green energy and tackle climate change. Major energy firms have set targets to reduce greenhouse gas emissions or are exploring investments in …

Norway’s oil fund, the world’s largest sovereign wealth fund, bought shares in four Turkish energy companies with investments totaling around $140 million up to the end of 2020, according to official figures from Norway’s Norges Bank Investment Management. The giant fund made its biggest energy investment in Eregli Iron and …