OPEC+ has delayed its ministerial meeting to set output policy to Nov. 30 from Nov. 26 as previously scheduled, OPEC said in a statement on Wednesday.
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Iran’s export of products to China in October 2023 grew 25 percent compared to a month earlier, China's Customs Office data showed.
Oil prices slipped slightly on Wednesday in quiet pre-U.S. Thanksgiving holiday trading, as the market awaited news on output cuts from the OPEC+ producers group and looked for confirmation of a sharp build-up in U.S. crude stocks.
Oil Minister Javad Owji on Wednesday said Iran, as one of the founders of OPEC, always supports the agreement and decisions made by OPEC+, a group comprising the Organization of the Petroleum Exporting Countries and allies.
Iran’s oil and gas sector has achieved 25.6 percent economic growth, an “unprecedented” rate in domestic industry, Oil Minister Javad Owji said on Wednesday.
Saudi Arabia’s new natural gas discoveries are no threat to Nigeria’s LNG business. This is according to Kayode Oluwadare, the Regional Energy Partner at Energy Compact.
Canada's supply and demand for energy products increased in 2022 as economies around the world continued reopening following the lifting of COVID-19 restrictions, Statistics Canada said on Monday.
India is making plans to establish a strategic natural gas reserve that can store up to 4 billion cubic metres (BCM) of imported gas.
Oil fell on Tuesday, reversing steep gains made in the past two sessions, as investors turned cautious ahead of a meeting of OPEC+ this Sunday.
The global oil market will see a slight surplus of supply in 2024 even if the OPEC+ nations extend their cuts into next year, the head IEA oil told.
Saudi Arabia, Russia and other members of OPEC are scheduled to meet in Vienna on Sunday and could make further changes to an agreement that already limits supply into 2024.
Iranian President Seyyed Ebrahim Raeisi on Monday said the increase in oil production and exports amid sanctions and threats is a “golden leaf in the popular government’s record” in the past two years.
India has been progressively implementing an ethanol policy to promote the use of biofuels. The policy provides for the usage of multiple feedstocks including grains, thereby giving flexibility to the mills and better capacity utilisation of distilleries.
Venezuela is close to approving a license for Shell and the National Gas Company of Trinidad and Tobago to develop a promising offshore natural gas field and export its production to the Caribbean country.
Canada's government will present legislation this month to start paying subsidies for carbon capture and net-zero energy projects, part of a plan to worth around $20 billion over five years.
Oil futures rose more than $1 on Monday, extending gains on the prospect of OPEC+ deepening supply cuts to shore up prices after four weeks of decline on demand worries.
In line with the government’s new strategy to regularly supervise the country’s executive bodies, President Raisi paid an unannounced visit to the Oil Ministry on Monday, Shana reported.
Minister of Foreign Affairs of Turkmenistan announced his country's desireincrease gas exports to Iran and said: Iran and Turkmenistan have common culture, religion and customs.
RoydadNaft – The director of exploration of the National Iranian Oil Company stated that the construction of the laboratory and semi-industrial pilot of oil…
Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei on Sunday said cutting off the lifeline of the Zionist regime is the main task, calling on Islamic governments to prevent energy and goods from reaching it.