The environmental project of Isfahan Refinery’s Diesel Hydrotreating (DHT) Unit will be inaugurated in the presence of President Seyyed Ebrahim Raeisi and Oil Minister Javad Owji within hours.
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Pipestone Energy's shareholders on Wednesday voted in favor of the proposed sale to privately-held larger rival Strathcona Resources in an all-stock deal that would value the combined company at C$8.6 billion ($6.36 billion).
Russia is selling oil to India at nearly $80 per barrel, some $20 above the Western price cap, traders said and Reuters calculations showed, as tight global oil markets help Moscow generate strong appetite for its exports.
Ukrainian state-owned oil and gas firm Naftogaz, aiming to cover the country's needs with domestic production, has brought five new gas wells into operation, the company said on Thursday.
Oil prices steadied on Thursday as investors weighed supply concerns against growing expectations that key Western economies will maintain high interest rates to tackle stubborn inflation.
If the deal materialises, Aramco will supply crude oil and other feedstocks to Shenghong Petrochemical.
Qatar's foreign ministry spokesperson says that following the implementation of the recent prisoner swap between Iran and the US, the possibility of reaching a new agreement between the two sides has increased.
Moscow delivered 100,000 metric tons to Pakistan through Iran's Sarakhs Special Economic Zone.
Turkey's state gas grid operator BOTAS signed a deal to supply up to 1.5 billion cubic metres (bcm) of natural gas to Romania's OMV Petrom as Ankara expands its gas export reach.
Turkish President Recep Tayyip Erdogan has welcomed Iran’s proposal regarding the so-called Zangezur corridor connecting Azerbaijan to Armenia, saying the corridor can pass through Iran in the event Armenia does not allow it to pass through its territory.
Iranian Oil Minister Javad Oji has emphasized the important role of the oil industry in strengthening the ties between the Islamic Republic and Saudi Arabia, Shana reported.
During a meeting between the governors of the central banks of Iran and Qatar, in Doha on Wednesday, the two sides discussed the strategies for developing financial and banking relations between the two countries.
The National Iranian Drilling Company (NIDC) consolidated planning director on Tuesday said 55 onshore and offshore oil and gas wells have been drilled and completed in the first half of the current Iranian calendar year (March 21-September 22, 2023).
The production control manager of Iran’s National Petrochemical Company said NPC has outlined a plan for exporting technical services to Venezuela and Brazil.
Britain said on Tuesday it would work closely with Germany to underpin the international trade in hydrogen under a new partnership, which the government hopes will support its net zero target and bolster energy security.
The UK government's development finance institution British International Investment (BII) plans to invest about $1 billion in Indian climate-related projects by 2026, a top official said, drawn to the country's expanding renewable energy capacity.
RoydadNaft – The Canada Energy Regulator (CER) approved a route change request for the Trans Mountain oil pipeline expansion on Monday, clearing a major hurdle…
Senior nuclear officials from Iran and China weighed plans for closer cooperation between the two countries, as in the construction of atomic power plants.
With the repair and maintenance services of Syria’s Homs Refinery completed, Iran can export 100,000 barrels of oil per day (bpd) to Syria, the chief executive of the National Iranian Oil Refining and Distribution Company (NIORDC) said.
One person has died and four others were injured in an incident at Iran's southern refinery of Bandar Abbas last week, Iranian state media reported on Monday.