Energy
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COP28: Focusing on a holistic approach to energy system
COP28 marks both a milestone in the ongoing negotiations on the future of our planet and a moment of pride for OPEC as it takes place in one of our member countries, the UAE.
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Iran-Iraq energy talks
SHANA (Tehran) – Iran’s Oil Minister Javad Owji and Iraqi Minister of Electricity Ziyad Ali Fazel hold talks on the two neighboring states’ energy relations, particularly bilateral cooperation in the oil and gas industry in Tehran on November 15, 2023.
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Mokhber: Iran ready for cooperation with Cuba in energy sector
SHANA (Tehran) – First Vice President Mohammad Mokhber on Sunday voiced Iran’s readiness to cooperate with Cuba in the energy sector.
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Raeisi urges strategies for optimizing energy consumption
SHANA (Tehran) – Iran’s President Seyyed Ebrahim Raeisi on Monday urged the Supreme Council of Energy to devise strategies for optimizing energy consumption as soon as possible.
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Kuwait energy outlook; impossible ambitions
Kuwait’s ambitious development plan “Vision 2035” is aimed at transforming the country into a globally important financial and trade center to attract domestic and foreign investment. At the frontline of Vision 2035, lies the Silk City project to which 250 square kilometers of land has been allotted in northeastern Kuwait with an estimated investment of $86 billion over a 25-year period.
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German firms fear the energy transition: Survey
German companies see the energy transition bringing more risks than opportunities for their competitiveness, the DIHK Chambers of Commerce and Industry said on Tuesday.
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Energy; chance for Iran-Cuba cooperation
Cuba is among countries principally dependent on overseas to supply its energy needs. However, this Latin American nation is endowed with potential offshore oil and gas reserves whose exploration and extraction may, to a large extent, help Cuba meet its energy demand and bring an end to its imports. That is why Cuba has over years embarked on extensive efforts for exploration and drilling, signing contracts with a variety of nations.
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Raeisi urges action to optimize energy consumption
SHANA (Tehran) – Iran’s president on Thursday urged executive organizations to take effective action on optimization of energy consumption.
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Owji: $36b energy efficiency projects offered to Supreme Economic Council
SHANA (Tehran) – Iran’s oil minister on Monday said $36 billion projects for optimizing energy consumption in different sectors have been offered to the Supreme Economic Council.
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MP: Iran has opportunity to save over $100b in energy sector
SHANA (Tehran) – A member of Iran’s Parliament on Monday said the country has the opportunity to save more than $100 billion – equaling the value of 3.5 million barrels of crude oil – in the energy sector.
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Raeisi welcomes Uganda demand for enjoying Iran energy experience
SHANA (Tehran) – Iranian President Seyyed Ebrahim Raeisi welcomed Uganda’s proposal for using Iran’s experience in the energy sector.
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Turkey economy and energy exploration
Turkey has made major energy finds over recent years thanks to exploration technology. It has discovered huge natural gas and crude oil reserves off the North Sea and the East Mediterranean. That can have a significant impact on the Turkish economy because this country, which has been known as an importer of oil and gas, can now transform its internal and external economy. Of course, in the meantime, Turkey is faced with problems and challenges with regard to extracting and exploiting its energy resources.
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Renewables growth did not dent fossil fuel dominance in 2022, report says
Global energy demand rose 1% last year and record renewables growth did nothing to shift the dominance of fossil fuels, which still accounted for 82% of supply, the industry's Statistical Review of World Energy report said on Monday.
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MP: Oil, tech export to Latin America is incumbent government’s zenith
SHANA (Tehran) – A member of Iran’s Parliament on Thursday said oil and technical know-how export to Latin America shows that the 13th (incumbent) administration’s power has reached its climax.
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Iran, Oman sign energy cooperation document
SHANA (Tehran) – Iran and Oman here on Sunday signed a document on their cooperation in the energy sector.
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Raeisi says his administration has inherited widespread energy imbalances
SHANA (Tehran) – The 13th (incumbent) administration has inherited widespread imbalances in energy area including power, gas and gasoline sectors, Iran’s President Seyyed Ebrahim Raeisi said here on Tuesday.
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Iran oil minister arrives in Iraq to promote energy cooperation
SHANA (Tehran) – Iran’s Oil Minister Javad Owji arrived in Baghdad on Wednesday to promote his country’s cooperation with Iraq in the energy sector.
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In the presence of Iran, Syria presidents
Tehran, Damascus sign oil, energy agreements
SHANA (Tehran) – Iran and Syria signed a comprehensive plan for strategic and long-term cooperation and 14 other documents, including oil and energy agreements, in Damascus on Wednesday.
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Iran’s oil minister in Venezuela to expand energy relations
SHANA (Tehran) – Iran’s Oil Minister Javad Owji arrived in Caracas, the capital of Venezuela, to boost ties in the energy sector.
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Iran’s oil minister statement on stability in global oil market:
Any political, legal interference in energy market a lose-lose game for all players
SHANA (Tehran) – Iran’s minister of petroleum, in a statement, on Sunday put great emphasis on bringing stability to the international energy and oil market.
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Iran Ready for Energy Cooperation with Lebanon
TEHRAN (Shana) – Stating that Tehran will remain Beirut's friend during difficult times, the Iranian Minister of Foreign Affairs said Iran is ready to cooperate with Lebanon in economic, commercial and energy fields.
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Tehran, Moscow Keen on Bolstering Energy Ties: Spokesman
TEHRAN (Shana) -- The spokesperson of the Ministry of Foreign Affairs said Iran and Russia have held talks on the development of relations at different levels, and increasing cooperation in the field of energy is also of interest to the two countries.
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1st meeting of working groups of Iran-Russia Joint Economic Commission
RUSSIA (Shana) – The meeting of the working groups of the 16th Joint Economic Commission of Iran and Russia started today (Monday) in Russia in the presence of experts from different working groups to examine the capacities of cooperation.
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Tehran, Moscow to sign Cooperation Roadmap
TEHRAN (Shana) -- The deputy of international affairs and trade of the Minister of Petroleum said the cooperation roadmap between Iran and Russia would be signed at the meeting of the 16th joint economic commission of the two countries.
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Iran, Russia in Close Oil Cooperation
TEHRAN (Shana) -- A member of the Energy Committee of the Islamic Consultative Assembly said: “Russia is our friend and neighbor and the cooperation capacity between the two countries is very high, especially in the oil and gas industry.”
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Intelligent action or Political game
TEHRAN (Shana) -- As tensions between Russia and Ukraine escalate, the world is worried about possible spillover of concomitant instability. Uncertainty after the covid-19-induced two-year damage on the global economy has confused the world. The natural gas market is a particular and the most important channel for transmitting these impacts.The disruption of Russian natural gas exports to Europe and the winter ahead is one of the concerns of the energy market in the short-term.Europe is seriously looking forward to replacing Russia natural gas imports withthe REPowerEU plan.
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Iran, Russia Start Talks to Boost Ties
SHANA (Tehran) – Iran and the high-ranking delegation of Russia here on Wednesday started their talks on the expansion of their relations.
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Raisi Says Iran, Oman Eager to Expand Ties, Underlines Investment in Energy Sector
SHANA (Tehran) – Iran’s President Seyyed Ebrahim Raisi on Tuesday said Tehran and Muscat are determined to revitalize and develop their relations.
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Iran Oil Show Sets Stage for Giving World Energy
Iran Oil Show 2022 set a stage for countries from four corners of the world to display their state-of-the-art technologies and boost their energy ties.
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Defeat of US Maximum Pressure Campaign on Iran
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said that the US campaign of maximum pressure against Iran had failed, adding: "Oil industry workers are soldiers of economic jihad and at the forefront of the economic war."