The head of the National Iranian Gas Company (NIGC) has said gas projects worth over 330 trillion rials (about $663.1 million) are currently underway in less developed regions across the country, IRNA reported.
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The Central Bank of Iran (CBI) has reported that the economy grew by 6.2% in the first three months of the Itranian calendar year (March 21 to June 21).
A contract on the integrated development of the joint Azadegan oil field will be signed within a month, said the National Iranian Oil Company (NIOC) director of investment and business development on Wednesday.
Hungary signs a landmark gas supply agreement with Turkmenistan, signaling its shift from reliance on Russian gas. Current transit routes for Turkmen gas involve a three-way swap deal between Turkmenistan, Iran, and Azerbaijan, with possible expansion plans.
Turkish President Tayyip Erdogan asked Tesla CEO Elon Musk to build a Tesla factory in Turkey, the country's communications directorate said on Monday.
Germany must strengthen rather than abandon the liquefied natural gas (LNG) capability built last year to retain energy diversity in the face of continued fragility of supply, a senior economy ministry official told an industry event on Tuesday.
Canada's Trans Mountain oil pipeline expansion, which will nearly triple the flow of crude from Alberta to Canada's Pacific Coast beginning early next year, will shake up North America's supply by diverting barrels now mainly delivered to refiners and exporters in the U.S. Midwest and Gulf Coast.
Former Iranian Ambassador to Italy Abolfazl Zohrevand has said that releasing Iran’s blocked funds depicts the US' need to keep ties with the Islamic Republic of Iran.
The completion of petrochemical industry’s value chain is not just a motto, but a task, plan, and duty as an inviolable strategy, said Iran’s National Petrochemical Company (NPC) managing director on Tuesday.
With oil investors and traders focused on an oil-price rally that has come close to $100 a barrel, some grades of crude oil are already trading above that milestone, highlighting an expectation of tight supply.
The governor of the Central Bank of Iran (CBI) announced that €5.573 billion of the country’s frozen assets has been unblocked.
The fossil fuel industry is increasingly under the microscope for its contribution to climate change, but the president of British oil giant Shell's Canadian subsidiary says oil and gas companies can't be held solely responsible for the pace of the global energy transition.
In a meeting between an Iranian trade delegation from the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) with the deputy head of the Istanbul Chamber of Commerce (ICOC), the two sides called for improving mutual cooperation.
Oil was on track for a third weekly gain as supply tightness spearheaded by Saudi Arabian production cuts combines with optimism that the Chinese economy is finally turning a corner.
India is seeking bids to supply gas-fired power to address expected periods of unusually high electricity consumption in October and November, a tender issued on Thursday showed.
Iranian Vice President for Science, Technology, and Knowledge-based Economy Ruhollah Dehghani Firouzabadi has left Tehran for Havana to participate in the 2023 summit of the Group of 77 + China.
Roydad Naft – The Trans Mountain oil pipeline expansion could be delayed by up to nine months if regulators do not approve a route deviation request, the…
Roydad Naft – India’s road transport minister on Tuesday said he will propose an additional 10% tax on diesel vehicles and warned automakers of even higher levies…
Roydad Naft – India’s industrial output rose 5.7% year-on-year in July, data from the Ministry of Statistics showed on Tuesday.
Analysts in a Reuters poll…
Roydad Naft – Oil prices rose about 1% on Tuesday, boosted by a tighter supply outlook, and as producer group OPEC said major economies were faring better…