Mexico’s Pemex has shipped its first fuel export cargo from the newly constructed Olmeca refinery to India, after facing some delays and escalating costs.
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Kuwait's national oil company has declared a state of emergency over an oil leak in one of its southwestern oil fields.
The value of Iran’s exports to the members of the Eurasian Economic Union increased by 16 percent in the first five months of the current Iranian calendar as compared to the same period last year, according to the head of the Islamic Republic of Iran Customs Administration.
The CEO of the National Iranian Gas Company (NIGC), Saeed Tavakoli, emphasized the importance of reducing accidents to zero in the gas industry and prioritizing human capital.
In a message, Iranian Minister of Petroleum Mohsen Paknejad expressed condolences over the martyrdom of Seyyed Hassan Nasrollah.
Iranian Energy Minister Abbas Ali-Abadi and South African Minister of Mineral Resources and Energy Samson Gwede Mantashe emphasized the expansion of energy cooperation between the two countries.
During a press conference held between the Energy Committee of Iran Chamber of Commerce, Industries, Mines and Agriculture and Iran Renewable Energy Association, the issues related to the renewable energy sector were discussed.
Statistics Canada says real gross domestic product grew 0.2 per cent in July, following essentially no change in June, helped by strength in the retail trade sector.
India will not purchase liquefied natural gas (LNG) from Russia's Arctic LNG 2 project, which has been sanctioned by Western countries, Indian Oil Secretary Pankaj Jain said on Sept. 27, Reuters reported.
Iran's Energy Minister proposed cooperation among BRICS member countries, including Russia, Iran, UAE, and Saudi Arabia, at a meeting in Moscow.
During a conference titled Iran Investment Opportunities, which was held prior to Iran Invest Expo, it was stated that 30 countries have announced their readiness to invest in Iran.
Global Crude Oil Price Today September 27, 2024
Brent crude futures were up 8 cents, 0.1%, at $71.68 per barrel, as of 0840 GMT, while U.S. West Texas Intermediate crude futures were up 6 cents, also 0.1%, to $67.73.
India increased oil imports from Russia in 2024, retaining its main supplier status. Raw material payments increased by nearly $6 billion due to reduced discounts, freight costs, and higher oil prices.
The U.S. Treasury Department on Wednesday imposed sanctions on more than a dozen organizations and vessels over their involvement in Iranian crude oil and liquefied petroleum gas shipments to Syria and East Asia.
Iranian companies are prepared to enter the Central Asian oil industry's upstream and downstream activities, according to Iranian Minister of Petroleum Mohsen Paknejad and Tajikistan's Minister of Energy and Water Resources Daler Juma.
Global Crude Oil Price Today September 26, 2024
Brent crude futures were down $1.27, or 1.7%, to $72.19 a barrel, while U.S. West Texas Intermediate crude fell $1.18, also 1.7%, to $68.51 per barrel.
British energy giant BP is holding a board meeting in India as it seeks to explore new opportunities in the country’s oil and gas sector, reported Reuters.
In a meeting between Iranian Minister of Finance and Economic Affairs Abdolnaser Hemmati and Chinese Minister of Finance Lan Fo’an, the two sides emphasized the implementation of the two countries’ long-term strategic partnership plan.
Iranian Energy Minister Abbas Ali-Abadi said that the Islamic Republic is ready to expand cooperation with BRICS in the field of energy.
Masoud Pezeshkian says to create a better world, Iran is ready, from an equal position, to establish effective relations with the world powers and its neighboring countries.