Oil prices were up on Monday, shaking off weaker demand expectations as countries head into the winter season.
Brent crude futures appreciated by $1.16…
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Iranian oil officials said a fire at the southwestern Shadegan oil field has been extinguished amid claims that the blaze was an act of sabotage.
OPEC on Tuesday stuck to its forecasts for robust global oil demand growth in 2022 and 2023 citing signs that major economies were faring better than expected…
Germany said on Tuesday it would step up lending to energy firms at risk of being crushed by soaring gas prices, as the European Union readied proposals…
The CEO of Petropars Oil Company, Shamsuddin Mousavi announced on Monday that drilling of the second oil well of Forouzan Oilfield is being completed, therefore Iran…
The 12th International Exhibition of Renewable Energy, Productivity, and Energy Saving started in presence of Iran’s Energy Minister Ali Akbar Mehrabian in Tehran on Monday.
British Petroleum (BP) in its recent statistical review of world energy said that Iran’s crude oil and condensate production rose to 3.17 million barrels per day with…
Gazprom is supplying gas to Europe through Ukraine in the volume of 42.4 mln cubic meters per day via the Sudzha gas pumping station.
Oil prices rose on Monday as Iranian nuclear talks appeared to hit obstacles and an embargo on Russian oil shipments loomed, with tight supply struggling to meet…
Türkiye has been affected by the energy crisis, yet in contrast to Europe, it is not expected to face any disruptions this winter as long as gas…
Head of National Petrochemical Research and Technology Company (NPC-RT) said homegrown technical know-how has reduced investment costs in the petrochemical industry by 30 percent, Shana reported.
Oil prices rose about 4 percent on Friday, supported by real and threatened cuts to supply, although futures posted a second weekly decline as aggressive interest rate…
Italian Minister for Ecological Transition Roberto Cingolani said the European Union should introduce a cap on gas prices for exporters across the board as targeting Russia’s dwindling…
Energy prices went up sharply after February 24 when first Russian troops entered Ukraine. By late March 2022, it hit above $ 120.40 per barrel for Brent…
A $7 billion memorandum of understanding has been signed by National Iranian Oil Company (NIOC) and Iranian banks and E&P companies to develop the entire giant Azadegan…
The Russia-Ukraine war is not just a military conflict between Moscow and Kiev. Moreover, the consequences of the war are not limited to the geography of Europe….
Energy security has always been an especially sensitive issue in the economic policies of various governments of Pakistan. Although Pakistan’s economy mainly depends on agriculture which makes…
Germany’s difficulties in getting European partners to sign bilateral agreements on sharing gas in case of an emergency predate the current situation, the economy ministry said on…
Norway’s prime minister has again warned against a price cap on Norwegian gas sold to the European Union, arguing this would not solve Europe’s energy problems, newspaper…
Oil prices rose over 3% on Friday supported by real and threatened cuts to supply, although futures were set for a second weekly decline as aggressive interest…