Oil prices surged more than 3% on Monday as military clashes between Israel and the Palestinian Islamist group Hamas ignited fears of a wider conflict in the Middle East.
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Iran has started building a new reactor at the second unit of the Bushehr nuclear power plant.
Iran and Belarus signed a memorandum of understanding (MOU) on cooperation in the economic fields on Monday.
The refineries of Iran’s South Pars Gas Complex (SPGC) have supplied 9.550 billion cubic meters (bcm) of natural gas to the country’s network in the first six months of the current Iranian year (March 21-September 22), according to the SPGC managing director.
A member of Iran’s Parliament said the country’s oil exports have surged despite sanctions.
RoydadNaft – A subsea gas pipeline connecting Finland and Estonia was shut early on Sunday after an unusual drop in pressure probably caused by a…
Iran says it has received $43 million in damages from the United States under Case No. A15 of the Iran-United States Claims Tribunal.
Kenya is at the crossroads of East Africa, which has in recent years developed its economic service sector and made significant progress in the use of modern technologies. Although more than one-third of the country’s 46 million people still live below the poverty line, the middle class that has emerged in recent years accounts for three-fourths of GDP growth.
In Baghdad, Maksat Babayev, Turkmenistan’s Minister of State for Gas Affairs, and his aides held an informative conversation with Iraqi Prime Minister Mohammed Al-Sudani.
Line fill on the Trans Mountain oil pipeline expansion will start in the first quarter of 2024 and take about six to seven weeks to complete, the Canadian government-owned corporation building the project said on Friday.
RoydadNaft – In a significant development for India’s energy infrastructure and national defense preparedness, the country’s largest underground LPG (Liquefied Petroleum Gas) storage tunnel is…
Biden's new five-year plan offers just three offshore oil drilling sales, the lowest since the initiation of such plans in 1980.
RoydadNaft – An expert with the Kepler International Institute has said that Iran needs a more complete agreement with the US to approach the…
RoydadNaft – Iran’s Minister of Transport and Urban Development Mehrdad Bazrpash and Deputy Prime Minister of the Republic of Azerbaijan Shahin Mustafayev held talks as…
RoydadNaft – The electricity output of Iran’s hydroelectric power plants reached 4,750 gigawatt hours (GWh) in the first six months of the current Iranian calendar…
RoydadNaft – In its latest economic report on the Middle East and North Africa (MENA), the World Bank has predicted a 4.1 percent…
RoydadNaft – The report by Deloitte Canada said the extra capacity created by the currently ongoing Trans Mountain pipeline expansion is expected to boost…
RoydadNaft – Malaysia and the United Arab Emirates have agreed to jointly establish renewable energy capacity of 10 gigawatts in Malaysia worth $8 billion by…
RoydadNaft – Indian Oil Corp (IOC) has issued a tender seeking three cargoes of liquefied natural gas (LNG) to be delivered between October and November,…
RoydadNaft – Oman’s OQ Gas Networks (OQGN), the pipeline business of state oil giant OQ, is expected to price its $771 million initial public offering…