European Union gas demand could fall in the coming 12 months by more than the total volume of gas the EU expects to buy from Russia this…
ECONOMY Feed Atom
The number of short positions in oil essentially betting that prices will fall has risen ahead of the next OPEC+ policy meeting on June 4, analysts said,…
Top OPEC producers and their main allies have given a raft of conflicting messages about next oil policy moves, making it particularly difficult to predict the outcome…
listed Jilin Jinguan Electric Co Ltd signed a memorandum of understanding (MoU) to build a road between Iran and Russia for the construction of new energy facilities,…
Qatar’s energy minister warned the “worst is yet to come” for Europe’s oil and gas shortages, saying a warm winter had prevented greater difficulties in recent months.
The Iranian Gas Engineering and Development Company (IGEDC) has participated in an international gas and oil exhibition in Ufa, the capital of the Russian Republic of Bashkortostan.
Canadian natural gas exports to the U.S. this week returned to levels seen before wildfires in Alberta and other western provinces over the past three weeks forced…
Oil prices rose on Wednesday after data showed U.S. inventories and fuel supplies tightening and following a warning from the Saudi energy minister to speculators raised the…
With just four years before the Philippines’ only gas field is set to run dry, the country has started importing liquefied natural gas (LNG), creating a fresh…
China, the world’s third-largest gas buyer, imports the fuel in gaseous form via long-distance pipelines from three sources – central Asia, predominantly Turkmenistan, as well as Russia…
The value of trade between Iran and the member states of the European Union (EU) has reached €1.18 bn in the first three months of 2023, according…
Tajikistan’s ambassador on Wednesday said his country is keen to cooperate with Iran in the oil and gas industry.
Nizomiddin Zohidi called for Iran…
Oil rose on Tuesday supported by optimism the U.S. would avoid a debt default, a tighter market outlook and a warning from the Saudi energy minister to…
The Czech Republic can cover its oil needs through shipments via the Transalpine Pipeline (TAL) pipeline from 2025, Prime Minister Petr Fiala said on Tuesday after the…
Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman said on Tuesday he would inflict more pain on short sellers and told them to watch out just days…
Iran’s deputy oil minister for international affairs and trade and Indonesia’s minister of energy and mineral resources here on Monday discussed the promotion of bilateral cooperation in…
Iran’s Minister of Economic Affairs and Finance Seyyed Ehsan Khandouzi on Tuesday said all agreements, including energy deals, made between Tehran and Beijing have got underway.
Iran’s president here on Tuesday said the documents signed between Tehran and Jakarta show the two sides’ determination to expand their relations in all fields.
OPEC Secretary-General Haitham Al Ghais said on Monday that underinvesting in the oil and gas sector could cause market volatility in the long term and imperil growth.
Finnish state-owned gas wholesaler Gasum said on Monday it had terminated a contract to buy natural gas from Gazprom Export via pipelines from Russia.