Iranian President Ebrahim Raisi has said that Iran's government has put on the agenda developing relations with Central Asia.
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Iran’s trade with the members of the Economic Cooperation Organization (ECO) reached about $10.2 billion in the first seven months of the current Iranian calendar year (March 21-October 22), registering a 4.5 percent rise year on year.
Canadian oil producer Crescent Point Energy said on Monday it has agreed to acquire Hammerhead Energy in a cash and stock deal valued at C$2.55 billion ($1.86 billion) to boost its presence in the Montney shale play in Alberta.
RoydadNaft – Japan will make sure its energy supplies are not affected by sanctions the United States recently imposed on the Arctic LNG 2 project…
Oil prices hit fresh 2-1/2-month lows on Tuesday as mixed economic data from China offset the impact of Saudi Arabia and Russia extending output cuts.
RoydadNaft – Saudi Aramco on Tuesday reported a 23% fall in third-quarter net profit on the back of lower oil prices and volumes sold, marginally…
Iranian oil exports have declined for the second consecutive month in October, with the country loading 1.43 million barrels per day of crude and condensate, Bloomberg reports, citing TankerTrackers.com data. The volume loaded for export in October was 194,000 bpd lower than September and reportedly the lowest export-loading volume since July.
RoydadNaft – The secretary of Iran’s Supreme Council of Free Trade-Industrial and Special Economic Zones Hojatollah Abdolmaleki has said that investment in Iran’s free zones…
RoydadNaft – Iran’s first vice president said on Monday oil and gas industry has a “considerable” potential for Tehran-Beijing cooperation.
Addressing the 2023…
RoydadNaft – The average landed price of Russian oil for Indian refineries in September eased from August, according to Indian government data, indicating widening discounts.
RoydadNaft – China’s oil refinery utilisation rates are easing from record third-quarter levels as thinning margins and a shortage of export quotas discourage plants from…
RoydadNaft – India’s fuel consumption rose to a four-month high in October, government data showed on Monday, as increased industrial activity boosted sales during the…
RoydadNaft – Canadian Prime Minister Justin Trudeau’s decision to grant a three-year carbon tax exemption for heating oil is meant to provide targeted relief to…
RoydadNaft – Venezuela’s state-owned PDVSA is in talks with local and foreign oilfield firms to hire equipment and services that would allow it to revive…
Oil prices edged up on Monday after top exporters Saudi Arabia and Russia reaffirmed their commitment to extra voluntary oil supply cuts until the end of the year.
The chief executive of the National Iranian Oil Company (NIOC) said main actors determine the future of the world’s energy, adding that in Iran, as one of the main players, opportunities have been provided for investing $250 billion in the oil industry within the next eight years.
Iran and China inked an agreement on petrochemical cooperation on Sunday.
RoydadNaft – The National Iranian Oil Company (NIOC) managing director opened up an opportunity for $250 billion investment in the upstream and downstream sectors within…
RoydadNaft – As countries around the world face the challenges of moving away from oil to stave off the worst effects of climate change,…
RoydadNaft – U.S. crude oil production hit a monthly record in August 2023, with an average output of 13.05 million barrels per day, breaking the…
