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Friday 29 August 2025

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Context on Energy
News Iran has no plans to freeze oil exports, official says ahead of OPEC meeting

Iran has no plans to freeze the level of its oil production and exports, Deputy Oil Minister Rokneddin Javadi was quoted on Sunday as saying, as the country tries to raise its crude exports to pre-sanctions levels.

  • May 22, 2016
News Russia to lend Egypt $25 billion to build nuclear power plant

Russia will loan Egypt $25 billion to finance building and operating a nuclear power plant in Egypt, the official gazette said on Thursday.

  • May 19, 2016
News Putin says Crimea now free of reliance on Kiev for its power

Russian President Vladimir Putin oversaw the launch of a fourth and final line supplying electricity from Russia to Crimea on Wednesday, saying the project had broken an energy blockage he accused Kiev of imposing on the peninsula.

  • May 11, 2016
News Say goodbye to OPEC, powerful Putin pal predicts

Internal differences are killing OPEC and its ability to influence the markets has all but evaporated, top Russian oil executive Igor Sechin told Reuters in some of his harshest remarks ever about the oil cartel.

  • May 10, 2016
News Managing Saudi's new energy mega-ministry may bring challenges

Managing Saudi Arabia's new energy mega-ministry, set to oversee over half the economy and designed to cut through a tangled bureaucracy to make government more coherent and efficient, will be a formidable challenge.

  • May 8, 2016
News North Korean leader hails nuclear success in opening congress

North Korean leader Kim Jong Un on Friday hailed the country's recent nuclear test and launch of a satellite into space, as he opened the first congress of the country's ruling Workers' Party in 36 years.

  • May 6, 2016
News Oil up as fire curbs Canada output; higher dollar, stockpiles cap gains

Oil prices surged on Thursday after a raging wildfire near Canada's oil sands region curbed output that mainly flows to the United States, before settling off their highs as a rebounding dollar and a huge U.S. stockpile build cut into gains.

  • May 4, 2016
News Yemeni forces seize main oil terminal from al Qaeda

Yemeni government forces and their Emirati allies took back control of the country's largest oil export terminal from al Qaeda on Monday, security officials said, a day after routing the militants from their nearby stronghold.

  • April 25, 2016
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