Iran’s Oil Minister Javad Owji and OPEC Secretary General Haitham Al Ghais exchanged views on developments of the global oil market in Algiers, the capital of Algeria, on Saturday.
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Iran’s oil minister and Russia’s energy minister agreed on signing new contracts to develop oil and gas fields.
Venezuela's oil exports slightly increased in February to some 670,000 barrels per day (bpd), but ongoing shipping delays worsened a bottleneck of tankers waiting to load, according to documents and vessel monitoring data.
A member of the Iranian Parliament’s Energy Committee said on Saturday promotion of energy diplomacy is key to the development of the oil and gas industry and referred to Russia as the strategic partner of Iran in the energy sector.
Iran’s President Seyyed Ebrahim Raeisi arrived in the Algerian capital Algiers on Saturday to attend the 7th Gas Exporting Countries Forum (GECF) Summit of Heads of State and Government.
The average annual increase in Iran’s gas production from 2012 to 2022 was over two times the average rise in the global output in spite of brutal sanctions imposed on the country, said Oil Minister Javad Owji on Friday.
Iran’s Research Institute of Petroleum Industry (RIPI) was awarded for doing unique research into flare gas collection and putting the research into practice on the sidelines of the 7th Gas Exporting Countries Forum (GECF) Summit of Heads of State and Government in Algiers, the capital of Algeria, on Friday.
Iran’s Oil Minister Javad Owji said on Friday development of the gas industry and materialization of supply and demand security in the world demand establishment of global peace and depoliticization of trade energy.
Iran will host the 26th Ministerial Meeting of the Gas Exporting Countries Forum (GECF) this year.
The Extraordinary Ministerial Meeting of the 7th Gas Exporting Countries Forum (GECF) Summit of Heads of State and Government commenced with Iran’s Oil Minister Javad Owji in attendance in Algiers, the capital of Algeria, on Frid
The Indian government hiked its windfall tax on petroleum crude to 4,600 rupees ($55.51) a metric ton from 3,300 rupees with effect from March 1, according to a government order released on Thursday.
Canada will expedite the approval process for new nuclear projects, but will not exclude them from the federal environmental review as requested by the province of Ontario, Energy and Natural Resources Minister Jonathan Wilkinson said.
Brent futures for May were up $1.01, or 1.23%, at $82.92 a barrel by 0950 GMT. The April Brent futures contract expired on Feb. 29 at $83.62 a barrel.U.S. West Texas Intermediate (WTI) for April rose 97 cents, or 1.24%, to $79.23 a barrel.
An official at the Trade Promotion Organization of Iran (TPOI) said the organization has taken effective measures to get the lion’s share in the Syrian market.
Fresh U.S. sanctions on Moscow threaten to dent Russian oil sales to India, the biggest buyer of Russian seaborne crude, and complicate efforts by Indian state refiners to secure annual supply deals, three industry sources familiar with the matter said.
French company TotalEnergies announced on Thursday a deal to supply Singapore's Sembcorp Industries with up to 0.8 million tons of liquefied natural gas (LNG) per annum (Mtpa) for 16 years, from 2027 onwards.
Brent crude futures for April fell 43 cents, or 0.5%, to $83.25 a barrel by 0830 GMT. U.S. West Texas Intermediate crude futures were down 26 cents, or 0.3%, to $78.28 a barrel.
According to the Head of the NIGC Dispatching Department Gholamreza Kooshki, considering the current trend, the country’s gas consumption is expected to increase even further to 680 mcm, Shana reported.
Tehran and Moscow signed 19 cooperation documents during the closing ceremony of the 17th Joint Economic Commission between the Islamic Republic of Iran and the Russian Federation in Tehran on Wednesday.
Iranian Oil Minister Javad Owji on Wednesday said the contracts signed with Russian companies to develop eight oil fields have helped his country add more than 200,000 barrels to its daily production.