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Iran Nuclear Deal Talks Set to Break for a Week, Diplomats Say

Iran Nuclear Deal Talks Set to Break for a Week, Diplomats Say

Talks aimed at reviving Iran's nuclear pact with global powers were expected on Wednesday to adjourn for a week, diplomats said, with the remaining parties to the deal due to meet in the evening to sign off on the move

Greece-Bulgaria Gas Interconnector Startup Now Set for July 2022: Developer

Greece-Bulgaria Gas Interconnector Startup Now Set for July 2022: Developer

A key pipeline designed to bring gas from Azerbaijan into Bulgaria via Greece is now only expected to be begin operations in July 2022, with up to six months of administrative and legal procedures needed once the pipeline is completed, the project developer said May 27

BP Boosts its Renewables Business in the US With 9GW Solar Acquisition from 7X Energy

BP Boosts its Renewables Business in the US With 9GW Solar Acquisition from 7X Energy

bp reached an agreement today to purchase 9GW of solar development projects in the US from independent US solar developer 7X Energy. The acquisition represents a significant step towards bp’s target of growing its net developed renewable generating capacity to 20GW by 2025 and aim to increase this to 50GW by 2030

OPEC Slams IEA’s Net-Zero Report As ‘Destabilizing’

OPEC Slams IEA’s Net-Zero Report As ‘Destabilizing’

The bombshell suggestion of the International Energy Agency (IEA) that the world doesn’t need any new oil and gas investments ever if it is to reach net-zero emissions could further raise the volatility in oil markets if investors heed the call, according to an internal OPEC report seen by Reuters

EU Looks To Tax Jet Fuel In Push To Cut Emissions

EU Looks To Tax Jet Fuel In Push To Cut Emissions

The European Union (EU) is looking to extend energy taxation to the aviation industry as the bloc is ramping up efforts to raise its chances of reaching the targets in the European Green Deal for carbon neutrality by 2050

Qatar LNG Plans To Flood World Market

Qatar LNG Plans To Flood World Market

The world’s top exporter of liquefied natural gas is ramping up production dramatically and undercutting competitors in a bid to squeeze them out the market

Oil Falls With Possible Return of Iranian Supply

Oil Falls With Possible Return of Iranian Supply

Oil prices were on course for a third day of losses on Thursday after diplomats said progress was made towards a deal to lift sanctions on Iran, which could boost crude supply

Turkeys Daily Power Consumption Up 19.9% on May 17

Turkey's Daily Power Consumption Up 19.9% on May 17

Turkey's daily electricity consumption increased by 19.9% on Monday compared to the previous day to reach 809,384 megawatt-hours, according to official figures of the Turkish Electricity Transmission Corporation (TEIAS) on Tuesday