Austria

OPEC+ countries to make further oil production cuts

03 March 2024; MEMO: Russia, Saudi Arabia, Kuwait and Algeria have announced further cuts in oil production cuts. All are members of the OPEC+ group of petroleum producing states.

Russian Deputy Prime Minister Alexander Novak said on Sunday that Russia will reduce its oil production by 471,000 barrels per day by the end of the second quarter of 2024.

Iran undoes slowdown in enrichment of uranium to near weapons-grade -IAEA

VIENNA, Dec 26 (Reuters) - Iran has reversed a months-long slowdown in the rate at which it is enriching uranium to up to 60% purity, close to weapons grade, the U.N. nuclear watchdog said on Tuesday.

Many diplomats believed the slowdown, which had begun by June, was the result of secret talks between the United States and Iran that led to the release of U.S. citizens held in Iran earlier this year.

Second North Korean nuclear reactor appears to be operational, IAEA says

VIENNA, Dec 22 (Reuters) - A new reactor at North Korea's Yongbyon nuclear complex appears to be operating for the first time, the U.N. nuclear watchdog and independent experts said on Thursday, which would mean an additional potential source of plutonium for nuclear weapons.

North Korea has for years used spent fuel from a 5-megawatt nuclear reactor at Yongbyon to produce plutonium for its nuclear arsenal but a telltale discharge of warm water from a larger light-water reactor suggests it is coming online, too, the International Atomic Energy Agency said.

Brazil invited to join OPEC+ from next year

VIENNA, Dec 1 (NNN-AGENCIES) — Major oil producer Brazil has been invited to join OPEC+ from next year, officials announced, following a meeting of the cartel to further slash production.

Brazil is among the world’s top 10 producers and has been the largest oil producer in Latin America since 2016.

Its crude production hit a record 3.7 million barrels per day in September, a near 17 percent increase from the same month last year and a 6.1 percent hike from August, according to pricing agency Argus Media.

Austrian military plane breaks down, complicating evacuation from Israel

12 October 2023; MEMO: Austria’s plans for an evacuation of its citizens from Israel by military aircraft on Wednesday were thwarted when its only available C-130 Hercules had a technical failure, forcing the country to book seats on a commercial flight instead, Reuters reports.

Austria: IAEA chief hails Bangladesh as 'success story' in nuclear power

VIENNA, October 5. /TASS/: The experience of the Rooppur Nuclear Power Plant project in Bangladesh is a shining example of how countries that do not have nuclear facilities can start developing nuclear power, International Atomic Energy Agency (IAEA) Director General Rafael Grossi said.

IAEA votes to deal with Palestine as a state

01 October 2023; MEMO: The General Conference of the International Atomic Energy Agency (IAEA) has adopted a resolution to consider Palestine as a state, news agencies reported on Friday.

According to Al Sharq Al Awsat newspaper, this came as the IAEA’s members voted on a draft-resolution to officially adopt the designation of “State of Palestine.”

Austria: Corruption accusations continue to plague top Zelenskiy aides

VIENNA/KYIV, Sept 19 (Reuters) - In his years as the chief executive of one of Ukraine's biggest construction firms, Oleh Maiboroda kept rolls of dollar bills in a safe behind his desk.

The money, Maiboroda told Reuters, was intended to bribe public officials to approve building projects. The task of handing over the cash, he said, was entrusted to a lawyer named Oleh Tatarov, now a senior adviser to Ukraine's president Volodymyr Zelenskiy.

IAEA chief hopes to discuss Zaporozhye NPP with Russia, Ukraine at high level

VIENNA, September 11. /TASS/: Director General of the International Atomic Energy Agency (IAEA) Rafael Grossi hopes what is going on at the Zaporozhye nuclear power plant (NPP) will be discussed with Russia and Ukraine at a high level.

"I assure you of my full commitment to continue to use the resources you entrust to us prudently, efficiently and in order to make the biggest possible positive impact," Grossi said at a press conference on the opening of the September session of the IAEA Board of Governors.

UN nuclear watchdog report seen by AP says Iran slows its enrichment of near-weapons-grade uranium

VIENNA (AP) — Iran has slowed the pace at which it is enriching uranium to nearly weapons-grade levels, according to a report by the United Nations’ nuclear watchdog seen by The Associated Press on Monday. That could be a sign Tehran is trying to ease tensions after years of strain between it and the U.S.

The confidential report comes as Iran and the United States are negotiating a prisoner swap and the release of billions of dollars in Iranian assets frozen in South Korea. However, international inspectors also noted new challenges in trying to monitor Iran’s program.

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