Iranian Deputy Foreign Minister for Economic Diplomacy Affairs Mehdi Safari stated that Tehran has launched refineries in three countries.
“The refineries have been launched…
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Europe has surpassed Asia to become the top consumer of American oil for the first time in six years.
From January to May this…
Stating that Iran is among world’s top 10 countries in science and technology terms, Deputy Foreign Minister for Economic Diplomacy said that exports to Central Asian, Caucasus,…
The United States and Saudi Arabia signed 18 partnership agreements in fields including energy, communications, space and healthcare during a visit by U.S. President Joe Biden, Saudi…
Saudi Arabia’s foreign minister said a U.S.-Arab summit on Saturday did not discuss oil and that OPEC+ would continue to assess market conditions and do what is…
Saudi Arabia’s Crown Prince Mohammed bin Salman said on Saturday more investment was needed in fossil fuel and clean energy technologies to meet global demand, and that…
The government of Canada imposed another round of sanctions against Russia’s oil and gas sector and chemical industry, according to the Canadian foreign ministry.
China’s refinery throughput for the six months to June marked the first annual decline for the period since at least 2011, data showed on Friday, as strict…
Oil was up 2.5% on Friday after a U.S. official told Reuters that an immediate Saudi oil output boost was not expected, and as investors question whether…
Tehran – 15 July (Roydad Naft): US President Joe Biden arrived at Ben Gurion Airport in Tel Aviv on Wednesday, July 13, at the beginning of his…
Iran is implementing plans to boost petrochemical production capacity during President Seyed Ebrahim Rayeesi’s tenure by 54 percent despite the US sanctions, a report said.
Pakistan on Thursday night announced a decrease in fuel prices to pass on a decline in global prices to inflation-hit consumers.
Pakistan is experiencing…
Creditors of Ukraine’s state-owned energy firm Naftogaz have been urged to reject the company’s request this week for a two-year debt payment freeze.
Naftogaz…
Saudi Arabia, the world’s largest oil exporter, more than doubled the amount of Russian fuel oil it imported in the second quarter to feed power stations to…
Germany will completely stop buying Russian coal on Aug. 1 and Russian oil on Dec. 31, marking a major shift in the source of the country’s energy…
Iraq’s bid to boost oil export capacity at its Gulf ports has suffered a setback due to delays in pumping station upgrades, an Iraqi oil source said.
Iran and the United Arab Emirates (UAE) signed a document on environmental cooperation.
The document was signed on Tuesday between Iranian Vice-President and Head…
Iranian President Ebrahim Raisi said here on Tuesday that protecting the environment is quite necessary and urged everyone to put all diplomatic and political formalities aside and…
Serbia, which is fully dependent on Russian gas supplies, plans to purchase gas from Azerbaijan in 2023 when it expects an interconnector to Bulgaria’s pipeline to be…
OPEC expects global oil demand to rise in 2023 but at a slower pace than 2022, the producer group said in its first forecast for next year,…