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The Ashgabat forum in Turkmenistan brought together Russian President Vladimir Putin, Turkish President Recep Tayyip Erdoğan, and Iranian President M...
Tehran International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show 2025) that will be held from May 8 to 11 is set to become the largest energy trade event in West Asia, - said Iran’s Deputy Oil Minister for International Affairs and Trade.
Seyed Ali Mohammad Mousavi highlighted the importance of energy diplomacy and said that the upcoming event would be a a platform for discussing the future of the global energy landscape.
“This exhibition has served as a cornerstone of energy diplomacy for nearly three decades, fostering practical collaborations and political dialogue,” Mousavi noted. “As a leading country in oil and gas reserves, Iran is ready to attract foreign investment and modernize its energy infrastructure.”
A series of specialized sessions are scheduled during the exhibition, emphasizing their key role in outlining investment opportunities and fostering technical collaboration.
In particular, the National Iranian Oil Company (NIOC) will host the conference on Investment Transformation and Project Financing, which he described as a unique platform for forming joint ventures and technical partnerships.
He stated that Iran aims to establish a transparent and stable environment for international investors, enabling the implementation of key projects—such as the development of oil and gas fields—through modern financial mechanisms, including the Iran Petroleum Contracts (IPC) framework.
Mousavi noted that Iran is positioning itself as a reliable global partner by expanding into emerging energy sectors such as petrochemicals, renewables, and hydrogen technologies.
Reiterating the link between diplomacy and energy policy, he concluded, “This exhibition provides a platform for building mutual understanding and long-term cooperation that meets both economic and environmental goals.”
Japan has lifted a tsunami advisory issued after an earthquake with a magnitude of 6.9 hit the country's northeastern region on Friday (12 December), the Japan Meteorological Agency (JMA) said. The JMA had earlier put the earthquake's preliminary magnitude at 6.7.
Iran is preparing to host a multilateral regional meeting next week in a bid to mediate between Afghanistan and Pakistan.
The United States issued new sanctions targeting Venezuela on Thursday, imposing curbs on three nephews of President Nicolas Maduro's wife, as well as six crude oil tankers and shipping companies linked to them, as Washington ramps up pressure on Caracas.
Iran's President Massoud Pezeshkian has begun a two day visit to Kazakhstan, with officials from both sides describing the trip as an opportunity to advance cooperation in trade, transport, industry, mining and cultural exchanges.
China’s Ministry of Foreign Affairs has urged Afghanistan and Pakistan to resolve their tensions through dialogue and engagement, as it pledged to work with the international community to help improve relations between the two countries.
The U.S. Federal Reserve’s Federal Open Market Committee (FOMC) cut its benchmark interest rate by 25 basis points to a range of 3.50% to 3.75% following its two-day policy meeting, according to an official statement issued on Wednesday, 10 December.
China has carried out a major test of a new “super wireless” rail convoy, a technology that could reshape the future of heavy-haul transport.
Paramount Skydance (PSKY.O) has launched a $108.4 billion hostile takeover bid for Warner Bros Discovery (WBD.O). The escalation follows a high-stakes battle that had appeared to end last week when Netflix secured a $72 billion deal for the studio giant’s assets.
U.S. industrial production rose by 0.1% in September, rebounding after a decline in August, while capacity utilisation remained unchanged, according to Federal Reserve data on Wednesday.
Google’s YouTube has announced a “disappointing update” for millions of Australian users and creators, confirming it will comply with the country’s world-first ban on social media access for under-16s by locking affected users out of their accounts within days.
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