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IRAN Energy News Agency 📬 Office: Unit 32. No 26. Dr Mossadegh St. Mirdamad St. Tehran. Iran ☎️ Tel: +98-2126413997 https://en.iranenergy.news
Saudi Arabia to Become Global Data Hub Exporting Data
https://en.energytoday.ir/saudi-arabia-to-become-global-data-hub-exporting-data/
Turkish Steelmaker to Invest nearly $1B in Solar Energy for ‘Green Steel’ Production
https://en.energytoday.ir/turkish-steelmaker-to-invest-nearly-1b-in-solar-energy-for-green-steel-production/
Saudi Oil Giant Aramco Buys Its First U.S. WTI Midland Crude Cargo
https://en.energytoday.ir/saudi-oil-giant-aramco-buys-its-first-u-s-wti-midland-crude-cargo/
Japan’s Top LNG Buyer Plans more Purchases from the U.S.
https://en.energytoday.ir/japans-top-lng-buyer-plans-more-purchases-from-the-u-s/
China’s 2025 Crude Oil Output to Exceed 200 Million Tons
China aims to maintain crude production in 2025 little changed from 2024, with output expected to come in above 200 million tons. In 2024, China's total oil and gas output exceeded 400 million tons of oil equivalent for the first time, the National Energy Administration (NEA) has revealed. China’s crude production clocked in at 213…
https://en.energytoday.ir/chinas-2025-crude-oil-output-to-exceed-200-million-tons/
Uniper: More U.S. LNG Flows to Europe will Relieve Gas Markets
Additional purchases of U.S. LNG from the European Union would help ease the tightness in global natural gas markets and reduce consumer and industry prices in Germany, Michael Lewis, chief executive at German energy giant Uniper, told Reuters on Wednesday. Earlier this week, U.S. President Donald Trump urged the EU, again, to buy more American…
https://en.energytoday.ir/uniper-more-u-s-lng-flows-to-europe-will-relieve-gas-markets/
Russia Reshuffles Tankers to Keep Shipping Oil to China after US Sanctions
Aframax oil tankers that serviced crude oil exports from Russia’s western ports are now being redirected to the Russian Far East-China route to service the exports of Russia’s ESPO crude, a favorite with Chinese refiners, Bloomberg reports, citing shipbroker and ship-tracking data. The Biden Administration’s final sanctions on Russian oil trade were the most aggressive…
https://en.energytoday.ir/russia-reshuffles-tankers-to-keep-shipping-oil-to-china-after-us-sanctions/
Trump’s Crypto Launch Sparks Debate about U.S. Regulation
Bitcoin hit record highs on Monday, as President- Donald Trump, and First Lady-again Melania Trump launched their meme coins, days ahead of the inauguration. The cryptocurrency leader reached above $108,000(£88,668) for the first time ever on Monday morning, ahead of Trump’s official return to office. Susannah Streeter, head of money and markets at Hargreaves Lansdown,…
https://en.energytoday.ir/trumps-crypto-launch-sparks-debate-about-u-s-regulation/
European and African Countries Back Green Hydrogen Pipeline Project
Italy, Austria, Germany, Algeria, and Tunisia reiterated on Tuesday their intention to develop a pipeline that would carry renewable hydrogen from North Africa to Europe, the Italian energy ministry said. The 3,300-km (2,050 miles) hydrogen pipeline, named SouthH2 Corridor, is planned to ship green hydrogen from the African coast to Italy and then further north…
https://en.energytoday.ir/european-and-african-countries-back-green-hydrogen-pipeline-project/
Saudi Aramco Sees Oil Demand Growth at 1.3 Million Bpd in 2025
Saudi Aramco, the world’s largest oil exporter, expects global oil demand to grow by a steady 1.3 million barrels per day (bpd) this year compared to 2024, the chief executive of the biggest oil firm in the world told Reuters. Oil demand is set to hit nearly 106 million bpd this year, up from about…
https://en.energytoday.ir/saudi-aramco-sees-oil-demand-growth-at-1-3-million-bpd-in-2025/
Saudi Oil Giant Aramco to Invest in Lithium Production
The world’s top crude oil exporter, Saudi Aramco, is set to announce on Wednesday a push to invest in lithium production and developments to capture part of the supply chain and diversify from oil, sources close to the largest oil firm globally told the Financial Times. The move to boost investments in lithium is part…
https://en.energytoday.ir/saudi-oil-giant-aramco-to-invest-in-lithium-production/
Norway Awards 53 Offshore Oil & Gas Drilling Permits in Arctic Push
On Tuesday, Norway awarded stakes in 53 offshore oil and gas exploration licenses to 20 companies in its latest annual licensing round, with Energy Minister Terje Aasland revealing plans for increased drilling in its offshore Arctic region. "If we are to uphold a stable production in the years to come, we must explore more and…
https://en.energytoday.ir/norway-awards-53-offshore-oil-gas-drilling-permits-in-arctic-push/
France Faces Challenges in Building New Nuclear Reactors
The planned construction of the next generation of nuclear reactors in France, which expects to have at least six of these, faces numerous challenges including in financing, supply chains, and timelines, France’s Court of Auditors said in a report on Tuesday. France’s power utility and major nuclear power generator, EDF, has planned to build six…
https://en.energytoday.ir/france-faces-challenges-in-building-new-nuclear-reactors/
China’s Coal Imports Hit Record High in 2024
China's coal imports rose 14.4% in 2024 to a record high, official data showed on Monday, as lower international coal prices spurred buyers to substitute imports for domestic supply. Coal imports for the year totalled 542.7-million metric tons, according to China's General Administration of Customs, up from 474.42-million tons in 2023. "The increase in China's…
https://en.energytoday.ir/chinas-coal-imports-hit-record-high-in-2024/
Russia Says US Risks Global Energy Instability after Fresh Sanctions
Moscow on Saturday accused the United States of being ready to risk global energy instability with new sanctions on Russia's energy sector, including industry majors such as Gazprom Neft, which were announced earlier on Friday. The U.S. and the U.K. on Friday announced new sanctions against Russia's energy sector, including oil giant Gazprom Neft, just…
https://en.energytoday.ir/russia-says-us-risks-global-energy-instability-after-fresh-sanctions/
Trump Reignites Coal Industry at Davos
https://en.energytoday.ir/trump-reignites-coal-industry-at-davos/
Refinery Throughput at Sinopec Dipped in 2024 amid Weaker Chinese Demand
https://en.energytoday.ir/refinery-throughput-at-sinopec-dipped-in-2024-amid-weaker-chinese-demand/
Exxon Begins Drilling for Natural Gas Offshore Cyprus
https://en.energytoday.ir/exxon-begins-drilling-for-natural-gas-offshore-cyprus/
Shale Investors Unlikely to Heed Trump’s Call for an Oil Boom
Despite President Trump’s “drill, baby, drill” policies, it will be oil prices and Wall Street that will determine how much U.S. oil production will grow in the near term, shale investors and executives say. President Trump signed on his first day in office an executive order to unleash America’s energy by easing the barriers to…
https://en.energytoday.ir/shale-investors-unlikely-to-heed-trumps-call-for-an-oil-boom/
Italy to Begin Gas Refilling Next Month to Avoid Price Spikes
Italy, the EU’s third-largest economy and the country holding the second-biggest natural gas storage space in the bloc, plans to begin refilling its sites as early as February, to avoid price spikes later in the year, Italian Energy Security Minister, Gilberto Pichetto Fratin, said on Thursday. “Due to ongoing geopolitical tensions and possible speculation, there…
https://en.energytoday.ir/italy-to-begin-gas-refilling-next-month-to-avoid-price-spikes/
China’s CNOOC Lowers Output Growth Target as It Keeps 2025 Capex Flat
Chinese state-held oil and gas giant CNOOC is keeping its capital expenditure flat this year compared to 2024 as it lowered its oil and gas production growth target, although it still expects annual output records going forward. CNOOC, which specializes in offshore oil and gas developments in China and internationally, said on Wednesday that its…
https://en.energytoday.ir/chinas-cnooc-lowers-output-growth-target-as-it-keeps-2025-capex-flat/
Oil Prices Slide amid Tariff Uncertainty and Energy Policy Shifts
Oil prices dipped in Asian trade on Thursday, extending losses amid uncertainty over how U.S. President Donald Trump's proposed tariffs and energy policies would impact global economic growth and energy demand. Brent crude futures fell 26 cents, or 0.3%, to $78.74 a barrel at 0427 GMT, while U.S. West Texas Intermediate crude (WTI) eased 23…
https://en.energytoday.ir/oil-prices-slide-amid-tariff-uncertainty-and-energy-policy-shifts/
Chinese Refiners Scramble for Oil as Russian Sanctions Bite
For much of the past year, oil traders were desperate to find a bullish thesis. Now, in the span of just a few weeks, they have two. On one hand, amid mounting fears of a supply and inventory glut, Biden's parting gift of accelerated sanctions against Russian oil exporters and tankers appears to have promptly…
https://en.energytoday.ir/chinese-refiners-scramble-for-oil-as-russian-sanctions-bite/
UK Electricity Prices Jump to Two-Year High as Wind Power Plunges
Low wind speeds have pushed the UK’s power prices to their highest level in two years on Tuesday, with wind generation expected to plunge to the lowest level on Wednesday since September 2023, Bloomberg models show. The day-ahead power price in the UK hit $296.28 (£241.49) per megawatt-hour (MWh) on Tuesday, with the day-ahead price…
https://en.energytoday.ir/uk-electricity-prices-jump-to-two-year-high-as-wind-power-plunges/
Iraq Declares Discovery of Huge Oil Field
The state-owned Iraqi Midland Oil Company said that it has discovered huge oil reserves in the East Baghdad oil field. Mohammed Yassin Hassan, director general of the company, said the new discovery is expected to add more than 2 billion barrels to Iraq's oil reserves, according to a statement by the company. Initial tests of…
https://en.energytoday.ir/iraq-declares-discovery-of-huge-oil-field/
IEA Sees U.S. Sanctions on Russia Disrupting Oil Flows
The new expansive U.S. sanctions on the Russian oil industry and exports could affect global oil flows, complicating trade logistics for producers using shadow fleets such as Russia, Iran, and Venezuela, the International Energy Agency (IEA) said on Wednesday. Despite the prospect of declining supply from Russia and Iran, with the latest sanctions against Moscow…
https://en.energytoday.ir/iea-sees-u-s-sanctions-on-russia-disrupting-oil-flows/
Greece Calls on EU for Fast Response to Surging Energy Prices
Greece is urging the EU to move faster to address the high power and natural gas prices in the bloc that undermine its competitiveness alongside burdening households, Greek Prime Minister Kyriakos Mitsotakis wrote in a letter to European Commission President Ursula von der Leyen seen by Bloomberg News. European wholesale electricity prices jumped in November…
https://en.energytoday.ir/greece-calls-on-eu-for-fast-response-to-surging-energy-prices/
Oil Prices Jump to 4-Month High on Fresh U.S. Sanctions
Crude oil prices started the week with a gain that pushed Brent crude to the highest in four months following the introduction of a fresh package of sanctions against Russia by the Biden administration. The sanctions focused on Russia’s oil industry. At the time of writing, Brent crude was trading at $81.11 per barrel, with…
https://en.energytoday.ir/oil-prices-jump-to-4-month-high-on-fresh-u-s-sanctions/
Iran Says Planning to Invest $120bn in Petroleum Projects
Iranian Oil Minister Mohsen Paknejad has stated that the Islamic Republic is planning to invest up to $120 billion in petroleum projects as the country seeks to increase its oil and gas production to respond to a rising demand for energy. Paknejad said on Saturday that Iran will invest some $50 billion to increase its…
https://en.energytoday.ir/iran-says-planning-to-invest-120bn-in-petroleum-projects/
EIA: Iraqi Oil Exports to US Dip over the Week
The US Energy Information Administration (EIA) announced, on Sunday, that Iraqi oil exports to the US had dropped during the past week. "In a span of a week, the US imports of crude oil from 10 major countries amounted to 6.016 million bpd, up by 251,000 bpd from the previous week, which was 5.765 million…
https://en.energytoday.ir/eia-iraqi-oil-exports-to-us-dip-over-the-week/