Iran’s deputy oil minister for international affairs and trade on Tuesday called for boosting cooperation between Iranian and Russian small and medium-sized enterprises (SMEs).
ECONOMY Feed Atom
Iran and Russia are considering a proposal to set up an energy consortium comprising the two countries’ companies to improve production from their oil and gas resources,…
Gas suppliers have made offers to supply more than 13.4 billion cubic metres of gas in the EU’s joint gas buying scheme, European Commission Vice-President Maros Sefcovic…
The Australian government’s repeated intervention in domestic gas prices could have long-term repercussions on investments in its wider energy sector, industry executives warned this week.
Kazakhstan and Russia have established the route for a future gas pipeline to support shipments between the two countries and to China, Kazakhstan’s energy minister said on…
Rural electric cooperatives, utilities, and other energy providers will soon be able to apply for nearly $11 billion in grants and loans for clean energy projects, funded…
Many analysts continue to see a tighter oil market in the second half of 2023.
Crude oil prices have been on a losing streak…
China’s slower-than-expected economic recovery has weighed on oil markets recently, especially following the report of a decline in manufacturing activity.
Refinery throughput in China…
Iran’s Research Institute of Petroleum Industry (RIPI) head on Tuesday said there is a practical possibility for cooperating regularly and effectively with Russian companies in research projects.
Russian pipeline gas exports have declined by 11.4% in the first half of May from April’s average level, Reuters calculations showed on Monday, against a background of…
ONEOK Inc agreed on Sunday to buy U.S. pipeline operator Magellan Midstream Partners in a cash-and-stock deal valued at about $18.8 billion including debt, bringing natural gas-focused ONEOK into…
Oil prices edged up on Monday as the prospect of tightening supplies due to OPEC+ production cuts and a resumption in U.S. buying for reserves outweighed concerns…
Philippine President Ferdinand Marcos Jr. on Monday signed an agreement extending the production contract for the country’s Malampaya natural gas block by 15 years and allowing the…
Canadian energy stocks are looking increasingly cheap after the latest selloff in crude prices.
Earlier in the year, Wall Street was mostly bullish about…
Crude oil started trade this week with a decline, based on Asian trade data from earlier in the day, as traders’ worry about the state of the…
The National Iranian Oil Company (NIOC) managing director on Sunday unveiled 16 new exploration blocks.
Mohsen Khojastehmehr, who paid a visit to NIOC’s Exploration…
OPEC’s global oil demand forecast for 2023 was held steady for a third month, with the producer group citing the potential Chinese growth to be offset by…
Iran plans to gather 8.2 mcm/d of flare gas as of next calendar year (starting on 21 March 2023), which would increase 18.2 mcm/d during next year….
Iraq does not expect the Organization of the Oil Exporting Countries and its allies, known as OPEC+, to make further cuts to oil output at its next…
Why is capital critical to Canadians’ well-being? Because capital fuels our economy, performing as a hand up versus a taxpayer handout. Yet, being mobile, it also seeks…