The ongoing Iran-related energy crisis is expected to drive global electrification efforts, as countries seek to enhance domestic energy security and protect their economies from fossil fuel price volatility, Reuters ...
OPEC compliance with the oil-production agreement implemented in January between OPEC and major, non-OPEC oil producers is at 86%, according to the Executive Director of the International Energy Agency (IEA), Fatih Bi...
Iran is expected to add 500,000b/d of oil supply within a year from its existing oilfields, but developing new fields would take time, the Head of the International Energy Agency (IEA), Fatih Birol, told Reuters. Iran...