Global benchmark Brent crude tumbled $7 to below $100 a barrel on Tuesday on a strengthening dollar, demand-sapping COVID-19 curbs in top crude importer China, and rising…
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The largest single pipeline carrying Russian gas to Germany began annual maintenance on Monday, with flows expected to stop for ten days, but governments and companies are…
Iraq’s Electricity Minister Adel Karim has said that Baghdad has paid for all unpaid bills to Iran, and from now on, it will pay for imported gas…
The Iranian Oil Ministry announced the country’s increased crude sales and prices last year helped the government cut the budget deficit and manage fluctuations in the foreign…
India’s oil imports from Russia surged to a record of around 950,000 barrels per day (bpd) in June, accounting for nearly a fifth of overall imports by…
Canada’s Suncor Energy (SU.TO) faces a long slog to fix its poor safety record and regain investor confidence, analysts said on Monday, after Chief Executive…
Oil prices were little changed on Monday as markets balanced an expected drop in demand due to mass testing for COVID-19 in China against ongoing concerns over…
The National Iranian Oil Company is ready to restore production to the maximum possible figure, said the director of monitoring oil and gas production of the National…
The CEO of the National Iranian Oil Refining and Distribution Company (NIORDC) said the knowledge of bitumen production in the country has been localized 100% and the…
Canada will return a repaired turbine to Germany that is needed for the Nord Stream 1 gas pipeline and could help to ensure continued flows of energy…
France’s energy-intensive companies are speeding up contingency plans and converting their gas boilers to run on oil as they seek to avoid disruption in the event any…
The Chinese Foreign Ministry Spokesman rejected the new sanctions announced by the US Treasury Department against Iran and urged Washington to abandon the wrong practice of resorting…
President Ebrahim Raeisi instructed relevant officials of Kordestan province to tackle the problems of the areas that attacked by Saddam regime’s chemical weapons in a special way.
Russian gas flows to Europe via the Nord Stream 1 pipeline and through Ukraine were stable on Friday, while reverse flows on the Yamal pipeline edged down…
President Vladimir Putin warned the West on Friday that continued sanctions against Russia over the war in Ukraine risked triggering catastrophic energy price rises for consumers around…
Since the start of the war in Ukraine, the United States and its allies have leaned on countries to buy less Russian oil in a bid to…
When French President Emmanuel Macron whispered in Joe Biden’s ear last month that top global oil exporter Saudi Arabia has very little additional capacity to increase output,…
Iranian Oil Minister Javad Owji said that the country’s giant oilfield, Azadegan, will have the capacity to produce 570,000bpd of crude after development in the next 7…
The Netherlands has met a goal of ending its dependence on Russian gas, its energy minister told Reuters in an interview, but as a major storage and…
Oil prices surged on Thursday, rebounding from steep losses the previous two sessions, as investors returned their focus to tight supply despite nagging fears of a potential…