Russia on Saturday started supplying natural gas to Uzbekistan via Kazakhstan, marking the occasion with ceremonies in Moscow and elsewhere attended by the presidents of the three countries and shown on state TV.
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India's Hindustan Petroleum Corp will cut its diesel purchases from other refiners as it has commissioned a 3 million tonnes per annum (mtpa) hydrocracker at its recently upgraded Vizag refinery, its head of refineries S Bharathan said on Monday.
The United Arab Emirates is refashioning state-owned Abu Dhabi National Oil Company (ADNOC) in the image of an international oil major by stepping up its global expansion and finding new revenue streams to maximise earnings for the Gulf state.
OPEC raised its world oil demand forecasts for the medium and long term in an annual outlook, and said $14 trillion of investment is needed to meet this demand even as renewable fuel use grows and more electric cars take to the road.
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.
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…