India and Egypt were the top destinations for Russian seaborne fuel oil and vacuum gasoil (VGO) exports in April, traders said and LSEG data showed.
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Brent crude futures were up 10 cents, or 0.1%, at $82.00 a barrel by 0850 GMT. U.S. West Texas Intermediate crude (WTI) futures were up 7 cents, or 0.1%, at $77.64.
Abu Dhabi National Oil Company (ADNOC) has bought Galp's 10% stake in the Area 4 concession of the multi-billion-dollar natural gas project in Mozambique's Rovuma basin, its fourth international foray into gas.
Brent crude futures were down 64 cents, or 0.8%, at $82.24 a barrel, while U.S. West Texas Intermediate crude (WTI) dropped 65 cents, or 0.8%, to $78.01 by 1010 GMT. Both benchmarks shed more than 1% earlier in the session.
The director general of the Mediterranean and Eastern Europe Department of Iran’s Ministry of Foreign Affairs said the Iran-Turkey Joint Economic Cooperation Committee meeting will be held in the coming days to bolster bilateral ties in trade and economy.
During a talk show on IRIB channel 1 on Tuesday evening, Iranian Minister of Petroleum, Javad Owji, explained how the late president, Ayatollah Ibrahim Raisi, was serious about developing oil industry projects.
During a phone call with the Iranian Minister of Petroleum on Tuesday; Alexandre Novak, deputy Prime Minister of the Government of the Russian Federation expressed his condolences on the tragic loss of the Iranian president Ayatollah Ibrahim Raisi.
India's Russian oil imports rose a nine-month high in April after shipments on non-sanctioned tankers operated by Russia's largest shipping company Sovcomflot resumed, tanker data obtained from shipping and trade sources showed.
Brent crude futures fell by $1.08, or 1.3%, to $82.63 a barrel by 1037 GMT. U.S. West Texas Intermediate crude (WTI) futures for June , which are set to expire on Tuesday, slipped by $1.07 cents, or 1.3%, to $78.73.
The National Iranian Oil Refining and Distribution Company (NIORDC) has launched a monitoring center to oversee all the processes pertaining to production, transfer and distribution of oil products.
General Secretary of the Gas Exporting Countries Forum (GECF), Mohamad Hamel, sent a message to the Iranian Minister of Petroleum, Javad Owji, expressing heartfelt condolences on the sad incident.
Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), HE Haitham Al Ghais, issued a statement offering his condolences on the demise of the Iranian president, Ayatollah Ibrahim Raisi, who lost his life on Sunday in a chopper crash.
IndianOil exported its first 100 octane premium fuel, XP100, from JNPT in Navi Mumbai, marking a significant move to conquer new Sri Lankan markets.
Brent gained 41 cents, or 0.5%, to $84.39 a barrel by 0632 GMT, after rising to $84.43 earlier, its highest since May 10.U.S. West Texas Intermediate (WTI) crude for June edged up 23 cents to $80.29.
Head of the National Iranian Gas Company Dispatching Department Saeed Aghili has said gas supply to the country’s power plants increased by 11 percent in the previous Iranian calendar year compared to the year before.
The head of the National Petrochemical Company (NPC) Morteza Shahmirzaei says that over 97 petrochemical facilities are operating across Iran.
Following the martyrdom of the Islamic Republic of Iran’s president and his companions on Sunday, May 19, Minister of Petroleum, Javad Owji, issued a statement, offering his condolences on the sad occasion.
Iranian President Ebrahim Raeisi and the country's Foreign Minister Hossein Amir-Abdollahian were martyred in the helicopter crash that occurred on Sunday.
Since the 13th administration took office in August 2021, approximately 25 million cubic meters of associated gases have been collected, and the figure will reach 40 million cubic meters per day at the end of the current Iranian calendar year 1403.
Iran’s oil production rose by 50 thousand barrels a day reaching 3.3 million barrels per day in April, the International Energy Agency (IEA) announced in its latest monthly report.