Asie

Iran welcomes IAEA technical delegation without access to nuclear sites

Tehran agrees to host experts from the International Atomic Energy Agency in the coming weeks, excluding any visit to sensitive sites as diplomatic tensions persist with European nations and the United States.

OIES maintains its Brent price forecast and adjusts oil market surplus projections

The Organization of the Petroleum Exporting Countries (OIES) confirmed its Brent price forecast at 69 USD/b in 2025 and 67 USD/b in 2026, while adjusting its 2025 surplus forecast to 280,000 barrels per day.

Bahrain signs civil nuclear agreement with the United States and announces $17bn in public investments

Bahrain has concluded a civil nuclear agreement with the United States and formalised a commitment of $17bn in public investments in the US market, further strengthening bilateral cooperation.
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Iran Relaunches Nuclear Dialogue to Negotiate with the United States, Russia Supports a No-Enrichment Deal

Tehran agrees to reopen its nuclear facilities to the IAEA, aiming to resume negotiations with Washington, while Moscow pushes for a “zero enrichment” agreement without getting involved in supervision.

Asia accounts for 71% of new renewable capacity, Africa remains marginalised

Asia dominated global new renewable energy capacity in 2024 with 71% of installations, while Africa recorded limited growth of only 7.2%, according to the latest annual report from IRENA.

BRICS Advocate for Energy Market Stability Amid Sanctions

Meeting in Rio, BRICS nations urge global energy market stability, openly condemning Western sanctions and tariff mechanisms in a tense economic and geopolitical context.
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Saudi Aramco Sharply Raises Crude Prices for Asia in August

Saudi Aramco increases its oil prices for Asia beyond initial expectations, reflecting strategic adjustments related to OPEC+ production and regional geopolitical uncertainties, with potential implications for Asian markets.

Liberian-Flagged Bulk Carrier Attacked in Red Sea, Israel Strikes Back in Yemen

A bulk carrier operated by a Greek company sailing under a Liberian flag suffered a coordinated attack involving small arms and explosive drones, prompting an Israeli military response against Yemen's Houthis.

Iran: Oil Dependence Limits Alliances with Moscow and Beijing

Despite strong ties, Iran's dependence on oil revenues limits its ability to secure substantial strategic support from Russia and China amid current international and regional crises, according to several experts.
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IAEA Confirms Concerns About Iranian Enriched Uranium Stockpile

The International Atomic Energy Agency expresses concerns over Iran’s enriched uranium stockpiles following the abrupt suspension of inspections at key sites disrupted by recent attacks whose consequences remain uncertain.

Trump authorizes China to buy Iranian oil, shaking global oil markets

Donald Trump announced that the United States will no longer oppose Chinese purchases of Iranian oil, immediately triggering a drop in global crude oil prices and profoundly reshaping international energy trade partnerships.

Seoul freezes electricity rates amid LNG supply risk concerns

South Korea abandons plans to lower electricity rates this summer, fearing disruptions in liquefied natural gas supply due to escalating geopolitical tensions in the Middle East, despite recent declines in fuel import costs.
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Eni, BP and TotalEnergies partially evacuate Iraq; Lukoil maintains operations

Following US strikes in Iran, international energy companies partially evacuate their teams from Iraq as a precaution, while Lukoil maintains its entire personnel on southern oilfields.

Chinese Refineries Cautious Amid Iran-Israel Tensions Threatening Oil Supply

Chinese independent refineries remain cautious amid rising Iranian crude prices driven by escalating Iran-Israel tensions, potentially threatening access to the strategic Strait of Hormuz.

Trump Warns of Oil Price Surge Following Strikes Against Iran

Donald Trump urges control of oil prices following U.S. military action against Iranian nuclear facilities, amid escalating tensions around the strategic Strait of Hormuz, threatening to significantly impact global markets.
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Iraq Suspends Oil Projects Amid Regional Conflict and Strained Logistics

The Middle East conflict forces Iraq to delay certain oil developments, disrupting field operations despite temporary stability in production and exports amid growing logistical tensions.

UK Sanctions 20 “Shadow Fleet” Tankers and Rosneft Marine

The United Kingdom tightens sanctions against Russia's oil sector by targeting twenty tankers operating in the "shadow fleet" and Rosneft Marine, amid rising crude prices exceeding the G7-imposed price cap.

Iran Nuclear: An acknowledged capability long kept quiet

Confidential reports from the IAEA and multiple intelligence agencies confirm Iran's uranium enrichment to weapons-grade levels, contradicting Tehran's official statements. EnergyNews.pro retraces the evolution of Iran's nuclear program since 2015, three years before the Trump administration's withdrawal from the nuclear agreement.
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Weakened by sanctions, Iran loses influence on the global oil market

Long a major player in OPEC, Iran sees its influence on the oil market significantly reduced due to US sanctions, Israeli strikes, and increasing reliance on exports to China.

Syria resumes petroleum exports from strategic Banias refinery

After several months of interruption following a major political upheaval, Syria's Banias refinery has shipped its first cargo of refined products abroad, marking a partial revival of its energy sector.

Canada: The Trans Mountain pipeline, a new route for Asian crude oil

The expansion of Canada's Trans Mountain pipeline could redefine the flow of crude oil to Asia in the second quarter of 2024, offering new opportunities for arbitrage and source diversification, economic conditions permitting.

Indonesia can’t do without coal

Indonesia is increasing its coal production quota by almost 30% for 2024, aiming to boost exports despite a sluggish market.

Japan: An energy revolution with ammonia

A revolutionary Japanese technology promises to reduce carbon emissions by burning ammonia with coal. A world first at the JERA power plant.
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TotalEnergies boosts solar energy in the workplace

TotalEnergies is strengthening its presence in solar power for businesses, aiming to decarbonize and empower their energy with ambitious feed-in contracts for 2030.

The Cape of Good Hope, new crossroads for American LNG to Asia

The drought has altered US LNG export routes to Asia, with an increase in routes via the Cape of Good Hope due to tensions in the Red Sea.

Iran announces major oil contracts despite sanctions

Teheran openly defies US sanctions by announcing a colossal $13 billion investment in the oil sector.
Contrats pétroliers Iran 2024

Declining demand for LPG in Europe

Despite an abundant supply of LPG, market trends in Europe are giving rise to many uncertainties, following two winters of low demand.

Tensions in the Red Sea continue to impact oil prices

Tensions in the Red Sea continue to exacerbate oil market volatility, with significant repercussions on world prices.

Kuwait: Energy continuity under the authority of the New Emir

Kuwait, facing energy challenges, sees its new Emir, Sheikh Mishal, ensuring continuity in a sector crucial to OPEC.
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Middle East tensions push up oil prices

Recent attacks on ships in the Red Sea by Houthi militants in Yemen have triggered a significant rise in oil prices, revealing the direct impact of geopolitical tensions on global energy markets.

Nuclear: Between Ambitions and Contrasting Realities

Nuclear power is regaining popularity in the face of the climate crisis. However, a recent report highlights the limits of its expansion, dominated by China and Russia.

OPEC+ oil supply reduction: challenges and prospects

OPEC+ is committed to further voluntary cuts in oil supply, an ambitious strategy aimed at stabilizing the market in an uncertain economic climate.
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Global coal demand set to remain at record levels in 2023

An urgent call to action: Growing coal demand in Asia highlights the need to intensify energy policies to accelerate the transition to clean energy.

Putin launches Arctic LNG 2 liquefied natural gas mega-project

Vladimir Putin inaugurates Arctic LNG 2, a colossal gas project in the Arctic, despite the withdrawal of TotalEnergies. Environmental and geopolitical issues intersect at the heart of this ambitious Russian initiative.

European thermal coal struggles to find buyers in Asia

Asian demand and strong thermal coal fundamentals are causing difficulties for European market participants trying to resell their surplus stock in Asia.
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Hycamite TCD Technologies receives major investment

A new era for industry: Hycamite TCD Technologies revolutionizes decarbonization with its zero-emission sustainable hydrogen.

“Like hell”: Indian coal mines on fire for a century

In the heart of the Jharkhand coal mines in India, flames have been devouring the land for a century, threatening the lives of miners and inhabitants alike.

FTXT signs cooperation agreement with Italy’s CNR

The International Congress on Hydrogen Fuel Cell Vehicles and Exhibition 2023 (FCVC 2023) marked a major breakthrough for the hydrogen energy industry in China.
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Sebzor: project assessed for sustainability

Sebzor, a hydroelectric project in Tajikistan, is undergoing a sustainability assessment by independent auditors.

IRENA report optimistic overall

The IRENA report estimates that renewable energy targets are insufficient to meet the 1.5°C target by 2050.