Tag Archives: Regulation

The oil fields located in Southern Iran will stop wasting flammable gases accompanying drilling operations in three years’ time with awarding contracts to 2 local companies. in a project that will recover the flare gas for nearby refineries.

The Iranian government ratified a new set of regulations to allow cryptocurrency miners continue their business in Iran within a legalized framework which prevents unfair consumption of subsidized electricity.

That’s according to the new Environment Secretary. Theresa Villiers. who made her first official speech.

The proposed changes are intended to ensure existing capacity or DSR components that do not comply with the limits cannot receive capacity payments from 2025.

They are considering ways to make regulation more flexible so they can adapt to change more quickly.

The government is proposing to use the Regulated Asset Base (RAB) financing model. which would allow developers to charge customers in advance through their existing bills.

The CBI sai it is concerned the regulator is relying on an ‘outdated policy mandate’ to regulate the industry and set price controls.

Policy makers and industry leaders across the globe are increasingly aware of the importance of flexibility – the ability to respond in a timely manner to variations in electricity supply and demand.

IEA analysis has highlighted that global methane emissions from the oil and gas sectors could be reduced by nearly half at no net cost.

The regulation aims to support the agricultural sector and reduce the country’s dependence on oil.