RoydadNaft – Iranian First Vice President Mohammad Mokhber and Oil Minister Javad Owji left here for Kyrgyzstan on Wednesday to attend the 22nd Meeting of…
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Iran’s oil minister on Tuesday said the 22nd Meeting of the Council of Heads of Government of the Shanghai Cooperation Organization (SCO) Member States in Kyrgyzstan provides a good opportunity for reaching a multilateral agreement on gas transit and constructing a North-South gas corridor in the Central Asian region.
Canadian oil and gas producers, service firms and financers predict a “moderate growth” year in 2024 as new overseas export outlets surface on the Pacific coast of British Columbia (BC), according to ATB Capital Markets Inc.
RoydadNaft – Iran’s minister of economic affairs and finance on Tuesday said the increase in revenues earned from oil exports is among the reasons for…
The reliance on imported crude in April-September was also higher than the previous fiscal’s 87.4 per cent, which was the highest-ever for a full year.
RoydadNaft – Mexico has put restrictions on the import of dozens of refined petroleum and petrochemical products to curb fuel theft and adulteration, its official…
World fossil fuel demand is set to peak by 2030 as more electric cars hit the road and China's economy grows more slowly and shifts towards cleaner energy, the International Energy Agency said, undercutting the rationale for any rise in investment.
The International Energy Agency (IEA) sees the current level of oil storage in member states sufficient to take action if required to stabilise oil markets, and sees no need to increase strategic reserve requirements, an official said on Tuesday.
Oil prices were broadly stable on Tuesday following the previous session's dip after a flurry of economic data from Germany, the wider euro zone and Britain sketched a bearish picture which could weigh on oil demand.
RoydadNaft – A pilot project for extracting shale oil in Iran is in its final steps and the country can be said to have access…
Iran’s President Seyyed Ebrahim Raeisi on Monday urged the Supreme Council of Energy to devise strategies for optimizing energy consumption as soon as possible.
Over the last year, the U.S. has been ramping up its natural gas production, with plans to develop several more LNG facilities in the south of the country. But it seems like it’s not the only country to have major gas ambitions, as Canada continues to work on a massive new export facility.
Disney is nearing a deal to sell its India operations, which it values at around $10 billion, to Reliance Industries, its biggest rival in the country, rather than sell the business in parts, Bloomberg News reported on Monday.
RoydadNaft – China called on Monday for an “objective, fair and professional” investigation into damage to a subsea gas pipeline between Finland and Estonia, saying…
Oil prices slipped on Monday as investors continued to focus on the situation in the Middle East, where diplomatic efforts are intensifying in an attempt to contain the conflict between Israel and Hamas.
Iran's largest hydroelectric power plant, Karun-3 Dam, has reported a 60% increase in power production in the current water year, which began on September 23, compared to the same period last year.
RoydadNaft – The head of Iran’s Trade Promotion Organization (TPO) hosted a meeting with Saudi Arabia’s Ambassador to Tehran to explore ways of expanding economic…
Russia's Gazprom will supply extra gas to Hungary through the coming winter and will also provide China with an additional 600 million cubic metres this year on top of contractual obligations, TASS news agency quoted its boss Alexei Miller as saying.
A member of Iran and Russia chamber of commerce has said that the two countries will begin a free trade by the early 2024.
RoydadNaft – The volume of natural gas stored in Iran’s Shourijeh storage since the beginning of the current Iranian calendar year (March 20) has exceeded…