Japanese trading house Sojitz and the country's top refiner, Eneos, have launched a large-scale solar power plant in Queensland, Australia, the two companies said in a joint statement on Monday.
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Turkey will restart operations this week on a crude oil pipeline from Iraq that has been suspended for about six months, Turkey's Energy Minister Alparslan Bayraktar said on Monday.
India's Bharat Petroleum Corp has offered its first spot gasoil cargo, via a sales tender, in more than a year, three industry sources familiar with the matter said on Monday.
Russian wholesale gasoline Ai-92 grade prices declined 1.94% on Monday on the commodity exchange to 56,945 roubles ($576.45) per tonne, according to exchange data, amid government efforts to stabilise the domestic fuel market and fuel export ban.
Oil prices climbed $1 on Monday after suffering losses at the end of last week, as investors' focus returned to a tight global supply outlook while a last-minute deal that avoided a U.S. government shutdown restored some risk appetite.
OPEC oil output rose for a second straight month in September, a Reuters survey found on Monday, led by increases in Nigeria and Iran despite ongoing cuts by Saudi Arabia and other members of the wider OPEC+ alliance to support the market.
With the failure of U.S. House Speaker Kevin McCarthy's final effort to keep the government running, a shutdown is looking increasingly certain south of the border.
In a major setback to LPG consumers, Public sector Oil Marketing Companies (OMCs) have hiked the price of 19 KG commercial LPG gas cylinders by Rs 209.
Turkey's state energy importer BOTAS said it hiked the natural gas price by 20% for small- to medium-sized industrial customers and by 20% for large industrial users.
The 16th Iran-Belarus Joint Economic Committee meeting is scheduled to be held in Tehran on October 9-10, the portal of Iran’s Trade Promotion Organization (TPO) reported.
U.S. senators and Western media have confirmed the increase in Iran’s oil production and exports despite sanctions over the past two years, said Iranian Oil Minister Javad Owji on Saturday.
A senior expert in West Asia affairs is convinced that the dispute over the Arash gas field, known as Al-Dorra in Kuwait and Saudi Arabia, will be resolved through holding political negotiations and reaching an agreement.
Canada's economy stalled in July and edged up slightly in August, data showed on Friday, highlighting a recent sluggish performance that prompted markets to trim bets for another interest rate hike next month.
OPEC+ is unlikely to tweak its current oil output policy when a panel meets next Wednesday, four OPEC+ sources told Reuters, as tighter supplies and rising demand drive an oil price rally.
The Indian government increased windfall tax on petroleum crude, while reduced it on aviation turbine fuel and diesel, according to a government notification on Friday.
The Biden administration's plan to slash offshore oil and gas leasing drew fire from both the fossil fuel industry and environmentalists on Friday, with energy companies saying it will raise fuel prices and greens saying it undermines efforts to stop global warming.
A senior official with the Iranian Ministry of Petroleum has said a tripartite agreement, signed among the Islamic Republic, Venezuela, and Syria, envisages the building of a new oil refinery in Syria's Homs Province.
Iranian Oil Minister Javad Owji on Friday said the country’s refining capacity and quality of oil products have been promoted under the 13th administration.
The executive operations of Isfahan Oil Refinery’s Residual Fluid Catalytic Cracking (RFCC) Unit began on Friday.
A senior official with the Iranian Ministry of Petroleum has said a tripartite agreement, signed among the Islamic Republic, Venezuela, and Syria, envisages the building of a new oil refinery in the Arab country's Homs Province.