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May 17, 2024
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May 17, 2024
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Energy Supply
IEA: Iran accounts for 12% of OPEC nine-month revenues
Saturday, 20 January 2024 16:12
Tehran (IP)- Iran’s oil revenues neared $34 billion in the first nine months (January-September) of 2023 despite brutal U.S. sanctions, accounting for 12 percent of OPEC member states’ total income.
Over 300 Pakistan Int'l Airlines flights canceled in 10 days
Wednesday, 25 October 2023 19:13
Pakistan International Airlines (PIA) had over 300 flights canceled in the last 10 days due to the shortage of fuel and a financial crunch, a spokesperson of PIA said on Wednesday.
World oil, gas, coal demand to peak by 2030: IEA
Tuesday, 24 October 2023 17:33
World fossil fuel demand is set to peak by 2030 as more electric cars hit the road and China's economy grows more slowly and shifts towards cleaner energy, the International Energy Agency (IEA) said, undercutting the rationale for any rise in investment.
Oil rises to highest in 2023 on tight supply expectations
Friday, 15 September 2023 05:47
Oil prices climbed on Thursday to their highest this year, as expectations of tighter supply outweighed worries about weaker economic growth and rising US crude inventories.
Japan's Kishida to visit Middle East for energy market talks
Friday, 14 July 2023 11:03
Japanese Prime Minister Fumio Kishida plans to discuss energy markets on a trip to Saudi Arabia, United Arab Emirates, and Qatar later this month, aiming to offer Japanese technologies for net zero transition, a senior official said.
South African food producers warn of higher prices as infrastructure crumbles
Wednesday, 05 July 2023 18:17
South African food producers, among the biggest on the continent, are spending hundreds of millions of rand mitigating prolonged rolling power blackouts, water supply issues and crumbling infrastructure.
Iran, Russia considering setting up energy consortium: Adviser
Tuesday, 16 May 2023 17:49
Tehran (IP) - Iran and Russia are considering a proposal to set up an energy consortium comprising the two countries’ companies to improve production from their oil and gas resources, said an adviser to the Iranian oil minister.
Next year to be "crucial" for Ukraine: Zelensky
Wednesday, 28 December 2022 18:17
Ukrainian President said the next year will be decisive for Ukraine, the presidential press service reported late Tuesday.
Swedish nuclear reactor to operate at half capacity this weekend
Wednesday, 07 December 2022 21:42
One of Sweden's nuclear reactors will operate at a rate of around 50 percent this weekend, at a time when electricity prices are unusually high and some of the country's other reactors are also off-grid.
Podcast: Unbearable cost of living in Italy leads to massive protests
Sunday, 04 December 2022 17:38
Rome(IP)- Thousands of Italians have held protests against the high cost of living and energy prices and called for the suspension of shipment of weapons and money to Ukraine. 206
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