TotalEnergies has agreed to transfer its remaining stake in Russia’s Kharyaga oil field to the country’s state producer Zarubezhneft, the French company told Reuters, in its first major…
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The United States on Wednesday imposed sanctions on a network of Hong Kong, Emirati and other companies that it accused of helping to deliver and sell Iranian…
Oil prices slid about 2% to a 12-week low in volatile trade on Wednesday, extending Tuesday’s heavy losses as investors grew more worried energy demand would take…
Iran’s Energy Minister Ali Akbar Mehrabian, at the head of a delegation, is to leave Tehran for Baku, Azerbaijan, today to review ways to widen cooperation as…
Iran has invested 7 billion dollars in a 7-year integrated development plan for Azadegan joint oilfields that will bring $14 billion extra revenue on a yearly basis…
Russia’s former president Dmitry Medvedev said Tuesday the oil prices could increase above $300-$400 a barrel if Japan caps the price of Russian oil at around half…
Iranian Oil Minister Javad Owji announced that the project for the development of Azadegan joint oilfield in the Persian Gulf will become operational with a 7-billion-dollar funding…
The oil and gas industry is “under siege” due to years of under-investment, the OPEC Secretary General Mohammad Barkindo said on Tuesday, adding the resulting supply shortage…
QatarEnergy on Tuesday signed a deal with Shell (SHEL.L) for the Gulf state’s North Field East expansion, the first phase of the world’s largest liquefied…
Norwegian offshore oil and gas workers went on strike over pay on Tuesday, the first day of planned industrial action that could cut the country’s gas exports…
Oil plummeted by about $10 a barrel on Tuesday on concerns of a looming global recession curtailing demand, even with expected supply disruptions as oil and gas…
Moscow and Caracas will continue to expand their cooperation in the oil sector, and are working on a new agreement to circumvent Western sanctions in finance and…
Norway approved higher production from key natural-gas fields in an effort to maintain record exports as Europe reels from cuts in Russian supply.
The…
Australia and India on Monday agreed to a partnership to strengthen their co-operation in developing critical metal projects and supply chains, Australia’s resources minister said.
Oil rose on Monday as supply concerns driven by lower OPEC output, unrest in Libya and sanctions on Russia outweighed fears of demand-sapping global recession.
Iranian Oil Minister Javad Owji announced that the development of Golestan Petrochemical Plant will start in the near future.
“Major holding companies are stakeholders…
Iran dispatched another oil tanker to Syria in line with the two countries’ policy of expansion of economic and trade relations and after finalization of a credit…
Iran’s exports of technical and engineering services have shown a 376-percent rise over the last Iranian calendar year (ended March 20, 2022).
Iran’s foreign…
Swiss businesses would be first to have energy rationed in the event of supply shortages, Energy Minister Simonetta Sommaruga told the SonntagsZeitung, warning that the government cannot…
A planned strike next week by Norwegian energy sector workers could cut the country’s gas output by 292,000 barrels of oil equivalent per day, or 13% of…