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Tag Archives: Oil

Japan cooperates with Saudi on hydrogen

Economy, Trade and Industry Minister KAJIYAMA Hiroshi says Japan recognizes that Saudi Arabia and other Middle Eastern countries are important partners in creating a hydrogen-based society. “The large-scale and inexpensive hydrogen supply is indispensable,” Kajiyama said at a press conference on Friday. “To achieve our goal, it is important to …

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Wildfires rife in Algeria, dozens killed

At least 25 soldiers died saving residents from wildfires ravaging mountain forests and villages east of Algeria’s capital, the president announced Tuesday night as the civilian toll rose to at least 17. President Abdelmadjid Tebboune tweeted that the soldiers were “martyrs” who saved 100 people from the fires in two …

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Iraq desperately needs $4 billion from IMF

Iraq restarted talks with the International Monetary Fund (IMF) after previously halting efforts to secure aid, the country’s finance minister Ali Allawi told reporters on Thursday, according to Bloomberg. Talks between both parties began last year amid the coronavirus (COVID-19) pandemic as demand shock sent oil prices tumbling, but were …

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IEA worried about emissions once COVID crisis abates

Rising consumption in the wake of the COVID-19 pandemic is set to drive greenhouse gas emissions to all-time highs, the International Energy Agency said on Tuesday. “We estimate that full and timely implementation of the economic recovery measures announced to date would result in CO2 emissions climbing to record levels …

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Andijan people are warm and friendly

Zakhriddin Mukhammad Bobur is a significant person in Uzbekistan’s history. In Central Asian history, he remains as a great ruler and commander who managed to found a huge empire which existed more than 300 years after his death. He placed himself on record not only in the history of the …

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Biden a threat to cordial US-Saudi relations

Saudi Arabia’s crown prince enjoyed a near free pass under his personal relationship with U.S. President Donald Trump, but the kingdom’s brazen young leader will have to tread more carefully should Democrats take the White House and reset strategic ties. Riyadh’s human rights record, with the brutal 2018 murder of …

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US renews Iraq waiver to import energy from Iran

The United States said on Thursday it had renewed a waiver for Iraq to import Iranian electricity, this time for 60 days to enable Baghdad to take “meaningful actions” to reduce its energy dependence on neighbouring Tehran. The waiver will continue to exempt Iraq from U.S. sanctions reimposed on Iran, …

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Iran holds annual drill in Strait of Hormuz

Iran’s military launched an annual drill in the Gulf near the strategic Strait of Hormuz waterway, Iranian state TV reported on Thursday, at a time of high tension between Tehran and Washington. The three-day exercise in the eastern side of the strait in the Gulf of Oman is aimed at …

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UAE warns Turkey about meddling in Libya

The United Arab Emirates minister of state for foreign affairs said on Saturday that Turkey should stop interfering in Arab affairs, criticising comments on Libya made by Turkey’s defence minister. Turkish media had reported the Turkish minister making remarks critical of the UAE’s actions over Libya. The UAE, alongside Egypt …

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Erdogan warns Egypt not to interfere in Libya

Turkish President Tayyip Erdogan denounced Egypt and the United Arab Emirates on Friday for supporting forces based in eastern Libya, after Egypt’s President Abdel Fattah al-Sisi met Libyan tribesmen who called for Cairo to intervene in the civil war. Turkey has been providing military aid to the Tripoli-based government in …

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Iran celebrates first spy satellite

Iran’s Revolutionary Guards force said on Wednesday it had launched the country’s first military satellite which had gone into orbit. It said a “Messenger” satellite carrier was used to launch the Noor (light) satellite, without going into further detail on the technology used. The launch took place at a time …

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