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Shell is accelerating its commitment to reach net zero emissions, with the oil company now aiming to zero out its impact on the environment by 2050. The 2050 date isn’t exactly new for Shell, it had already promised that its energy business would achieve net zero by this date, although …

Iran’s Permanent Ambassador to the Vienna-based International Organizations Kazzem Qaribabadi said his country has urged the International Atomic Energy Agency to ensure that the information of its nuclear program would not be leaked. “The Islamic Republic of Iran has officially informed the IAEA of its concerns regarding the principle of …

Managing Director of the National Iranian Oil Company (NIOC) has outlined the main Health, Safety and Environment (HSE)-related priorities of the company to its major subsidiaries namely Iranian Offshore Oil Company (IOOC), National Iranian South Oil Company (NISOC), and Iranian Oil Terminal Company (IOTC). In a directive addressed to the …

Corvus Energy was selected to provide an energy storage system (ESS) to Kawasaki Heavy Industries for the zero-emissions electric e5 tanker it is building, the world’s first zero-emissions tanker. The electric tanker is under construction for Tokyo’s Asahi Tanker Co. The battery-powered vessel was designed by e5 Lab Inc., which …

The Nord Stream 2 gas pipeline will be built despite Washington’s destructive steps aimed at hindering this effort, Russian Deputy Prime Minister Alexander Novak said in an interview broadcast by Rossiya-1 TV channel on Sunday. “European countries and European companies are interested in it. We are sure that it will …

Thanks to zero-carbon promises, wind farms are expected to overtake the number of oil rigs in British waters by 2030. Oil majors are diversifying their energy production to evolve with the times. Both BP and Total have highlighted strategies for wind energy production in the U.K., with BP investing £924 …

Oil Minister, Ihssan Abdul-Jabbar confirmed on Sunday Iraq’s endeavors to build oil depots in Pakistan and China, indicating that 70% of Iraq’s oil exports go to the east. Abdul-Jabbar said in an interview with Shafaq News Agency, “Iraq seeks to build oil depots in Pakistan and China,” noting, “there is …

Iran has continued its push toward retaining the oil market share as the country added more barrels to its daily production in January compared to the previous month, data published by OPEC showed. Iran’s crude oil output averaged 2.08 million barrels per day last month, an increase of 62,000 bpd …

Over 50 percent of the energy generated by a 759 megawatt windfarm under development 18.5 kilometers west of the coastal town of Egmond aan Zee will be used by Amazon. Shell and Eneco are constructing the wind farm in the Hollandse Kust (noord) development area with a target of being …

The US administration is continuing to monitor the implementation of the Nord Stream 2 gas pipeline project US Department of State Spokesperson Ned Price said at a briefing for reporters on Friday. He added that unilateral sanctions are only one of among many important tools Washington has. “We are continuing …