PARIS, Aug 22 (Reuters) – TotalEnergies (TTEF.PA) of France and Italy’s Eni (ENI.MI) on Monday announced a significant natural gas discovery at the Cronos-1 well off Cyprus.
The…
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Oil prices fell 2% in volatile trading on Monday, ending a three-day streak of gains, on fears that aggressive U.S. interest rate hikes may lead to a…
Specialists of the Iranian Offshore Engineering and Construction Company (IOEC) successfully completed the shore pull operation of the new 32-inch pipeline of phase 16 of South Pars…
The CEO of the Iranian Offshore Oil Company (IOOC) said the first stage of development of the Esfandiar joint oilfield, which is shared with Saudi Arabia, has…
An adviser to Iranian negotiating team in the Vienna talks on the removal of sanctions says the US has to cooperate with Iran in the remaining steps…
Shortly before his two-day trip to Canada, German Chancellor Olaf Scholz received support for his interest in Canadian liquid natural gas to help replace Russian gas imports…
Venezuela suspended the shipments to Europe under a deal that allows them to trade oil for debt relief.
According to OilPrice, with natural gas imports…
Russia held its spot as China’s top oil supplier for a third month in July, data showed on Saturday, as independent refiners stepped up purchases of discounted…
Caspian Pipeline Consortium (CPC) has suspended oil loadings from two of three single mooring points (SPM) at its Black Sea terminal Yuzhnaya Ozereyevka for inspections, two sources…
Iran increased its oil exports in June and July and could raise them further this month by offering a deeper discount to Russian crude for its main…
Germany’s Siemens Energy and Russia’s Gazprom PJSC are turning their dispute over a stranded gas turbine into a battle of the bands.
The equipment is an integral part…
China’s ENN Energy Holdings (2688.HK) reported retail gas sales in the first half of 2022 grew 5.1% from a year earlier, less than a quarter of the pace in…
Oil prices were broadly stable on Friday, retracing earlier losses, but were headed for weekly losses as concerns about a global economic slowdown weighed amid soaring inflation…
Higher oil export volumes, coupled with rising gas prices, will boost Russia’s earnings from energy exports to $337.5 billion this year, a 38% rise on 2021, according…
A recent oil-price slide reflects fears of economic slowdown and masks physical market fundamentals, OPEC’s new secretary general told Reuters, as he took a relatively optimistic view…
Oil prices gained about 3% on Thursday as robust U.S. fuel consumption data and an expected drop in Russian supply later in the year offset concerns that…
According to ICOFC, Ahmad Rajabi, production manager of the company, said: “Upgrading the capacity of radio systems with the aim of accessing all communication facilities, including…
The first meeting of the Policy Council of the 16th Iranplast International Exhibition was held with an emphasis on the development of the export markets of polymer…
Iran’s gas production is not affected by the sanctions and National Iranian Gas Company (NIGC) is committed to curb gas flaring pollution, said the director of production…
Oil edged marginally higher after hitting a six-month low earlier on Wednesday, as markets weighed a steeper-than-expected draw down in U.S. crude inventories against rising output and…