The enemy failed to achieve its goals behind the terrorist attacks on gas transmission pipelines thanks to the Iranian officials’ swift action, said a member of the Parliament’s Energy Committee on Monday.
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Brent crude futures were down 78 cents, or 0.9%, at $82.69 a barrel by 1030 GMT. The WTI April contract was down 72 cents, or 0.9%, at $77.74.
Iran exported commodities valued at $1.8 billion to India during the first ten months of the current Iranian calendar year (March 21, 2023-January 20, 2024), the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.
The head of Iran’s National Development Fund (NDF) said the fund is going to invest $35 billion in the oil industry within the next five years, IRNA reported on Monday.
Managing Director of the National Iranian Gas Company (NIGC) Majid Chegeni, in a message, said on Sunday the country thwarted the sinister plots of the enemies who exploded gas pipelines in terrorist attacks.
A member of the Iranian Parliament's Industries and Mines Committee said on Sunday the repairing of gas transmission pipelines damaged in terrorist acts in the shortest time possible is a sign of the Oil Ministry’s “strong” and “intelligent” management in times of crisis.
Sharing insights into India's burgeoning gas sector, Executive Director and CEO of Adani Total Gas Limited Suresh P Manglani has forecast a 5 per cent to 6 per cent increase in natural gas consumption in 2024, commensurate with an estimated economic growth of 6 per cent-7 per cent in the country.
The New York Times has confirmed lingering speculations over Israel's role in recent acts of sabotage inside Iran.
The fueling infrastructure was developed in Iran by opening 16 new stations across the country, Shana reported on Saturday.
Due to the gradual decrease in temperature, gas consumption in the domestic sector has reached 329 million cubic meters in Iran, the head of the country's gas network management center said on Saturday.
Egypt is continuing to pay energy groups despite the difficult situation it is going through because of the conflict in Gaza, the Chief Executive of Italy's Eni Claudio Descalzi said on Friday.
Canada has proposed changes to its draft clean electricity regulations that aim to achieve a net-zero emissions power grid by 2035 after receiving extensive feedback during consultations, the federal environment minister said on Friday.
Canada's western provinces are selling fracked gas as a global climate solution. But experts across the Pacific say that’s ‘outdated’ and inaccurate.
India has resumed imports of Russian Sokol oil after a two-month gap with at least two refiners so far taking deliveries of the light sweet crude in February, four trade sources said and ship tracking data showed.
Brent crude futures were down 53 cents, or 0.6%, at $82.33 a barrel at 0915 GMT. U.S. West Texas Intermediate crude futures fell 33 cents to $77.70.
The Dispatching Manager of Iran's National Gas Company announced the completion of the repairs of the gas transmission lines damaged by the terrorist attack.
The United States Department of the Treasury has announced new sanctions against three individuals and four entities over the allegations that they were transferring sophisticated American technology to Iran.
The head of the technical office of Iran Small Industries and Industrial Parks Organization (ISIPO) has said that five solar parks are currently being constructed across the country, Mehr News Agency reported.
The establishment of free trade zones (FTZs) in Iran dates back to the Iranian calendar year 1368 (March 1989 - March 1990) following the fall in the country’s oil income in the preceding year which prompted the government to promote non-oil exports.
Brent crude futures fell 37 cents, or 0.5%, to $81.23 a barrel by 1008 GMT. U.S. West Texas Intermediate crude futures declined 44 cents, or 0.6%, to $76.20.