Japan cancels Mount Fuji cherry blossom festival after tourist behaviour concerns
A Japanese city near Mount Fuji has cancelled its annual cherry blossom festival, saying growing numbers of badly behaved tourists are disrupting dail...
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.”
Storm Leonardo hit Spain and Portugal on Tuesday, forcing more than 11,000 people from their homes, as a man in Portugal died after his car was swept away by floodwaters and a second body was found in Malaga.
Winter weather has brought air travel in the German capital to a complete halt, stranding thousands of passengers as severe icing conditions make runways and aircraft unsafe for operation and force authorities to shut down one of Europe’s key transport hubs.
An attacker opened fire at the gates of a Shiite Muslim mosque in Islamabad on Friday before detonating a suicide bomb that killed at least 31 people in the deadliest assault of its kind in the capital in more than a decade.
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Greek authorities said they have arrested a member of the armed forces on suspicion of leaking highly sensitive military information to foreign handlers allegedly linked to China.
Türkiye’s national energy company, TPAO, has struck a new cooperation deal with U.S. energy giant Chevron, signing a memorandum of understanding to explore joint oil and gas exploration and production opportunities, the Turkish Energy and Natural Resources Ministry announced on Thursday.
Wall Street ended sharply lower on Tuesday as investors worried about artificial intelligence (AI) creating more competition for software makers, keeping them on edge ahead of quarterly reports from Alphabet and Amazon later this week.
U.S. stock markets finished mixed on Wednesday (28 January) as investors reacted calmly after the Federal Reserve left interest rates unchanged, a decision that had been widely expected and largely priced in.
The S&P 500 edged to a record closing high on Tuesday, marking its fifth consecutive day of gains, as strong advances in technology stocks offset a sharp selloff in healthcare shares and a mixed batch of corporate earnings.
Chevron is in talks with Iraq’s oil ministry over potential changes to the commercial framework governing the West Qurna 2 oilfield, one of the world’s largest producing assets, after Baghdad nationalised the field earlier this month following U.S. sanctions imposed on Russia’s Lukoil.
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