As two powerhouses in the region and the world, Iran and Russia have been interacting on various levels for long, however, the two countries’ relations have taken…
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British multinational oil and gas company BP, in its latest Statistical Review of World Energy report (the 71st edition), has put Iran as the fourth biggest consumer…
Norway will deploy its military to protect its oil and gas installations against possible sabotage after several countries said two Russian pipelines to Europe spewing gas into…
Iranian Oil Minister Javad Owji held meetings with the executives of top Japanese oil and gas firms in Tokyo.
Owji, who left Tehran for…
Iranian Oil Minister Javad Oji has said the country is going to enhance energy ties with friendly nations such as Russia and China amid the U.S. sanctions,…
Countries in favour plan to step up pressure on Brussels, with a letter asking the European Commission to make proposals on a gas price cap for discussion…
Energy Capital & Power (https://EnergyCapitalPower.com) is proud to announce that Angola’s National Oil Company (NOC), Sonangol (www.Sonangol.co.ao), has been confirmed to participate at the Angola…
Iranian Oil Ministry says natural gas exports from the country rose by nearly a fifth in the five months to late August.
CEO of…
Prices of natural gas, which is used to generate electricity, make fertiliser and is converted into CNG to run automobiles, is likely to rise to record levels…
Iran and Uzbekistan made an initial agreement for the increase in oil products and petrochemicals trade between the two countries.
The agreement was made…
Domestic oil production remains nearly a million barrels per day (BPD) below the monthly record level set just before the Covid-19 pandemic caused production to plunge. The…
In April 2011, it submitted a master development plan (MDP) to bring the discovery, which was named Farzad-B, for production but negotiations got stalled as international sanctions…
An official with the National Petrochemical Company (NPC) says Iran’s petrochemical industry needs an investment of 7 to 10 billion dollars for realization of its plans each…
The National Iranian Oil Company (NIOC) has increased the official selling price of all types of crude oil for delivery to Asian customers in October.
The advisor to the CEO and the head of the social responsibility secretariat of the National Petrochemical Company (NPC) announced a 44% drop in the volume of…
Making the case is Natasha Kaneva, head of commodities strategy at J.P. Morgan . She expects a shift of several factors to lift the barrel price, which has been stuck between $80…
Brent crude futures gained 16 cents, or 0.2 per cent, to $90.62 per barrel by 0020 GMT, while US West Texas Intermediate (WTI) crude futures were up…
UK ministers are facing legal action after confirming more than 100 new oil and gas licences will be opened up in the North Sea next month.
Petrochemicals group Ineos is to develop an oil and gas field in Denmark after the country’s first approval of such a project in years.
Oil rose on Thursday on supply concerns and as a Bank of England interest rate hike defied some expectations of a larger increase.
Brent…