energy policy
Iran’s government has announced its strategic efforts to establish itself as a regional gas hub, leveraging its extensive natural gas reserves and building partnerships with neighboring countries. Speaking on the sidelines of a government meeting, Oil Minister Joad Oji emphasized that Iran’s position as the holder of the world’s second-largest gas reserves provides a strong…
The U.S. Treasury’s release of final rules for hydrogen tax credits under section 45V of the Inflation Reduction Act marks a pivotal moment for the burgeoning hydrogen industry. Long hailed as a critical tool for decarbonizing heavy industry and long-haul transportation, hydrogen production has faced significant challenges, particularly the absence of clear regulatory guidelines. These…
The Public Services Regulatory Commission of Armenia (PSRC) announced that electricity tariffs for consumers would remain unchanged in 2025. This decision follows a thorough review of all factors influencing tariff adjustments, as presented by the Electric Networks of Armenia (ENA). The analysis concluded that there was no necessity to revise the existing tariffs, ensuring stability…
OPEC+ is set to convene online on Thursday to deliberate a further delay in its planned revival of oil production, a move driven by persistently low crude prices and market volatility. Led by Saudi Arabia and Russia, the alliance has been working on an agreement to defer a sequence of output increases initially scheduled to…
