A senior U.S. Republican senator confirmed the rise in Iran’s oil revenues in recent months, confessing to the ineffectiveness of the sanctions that have been unilaterally imposed…
ECONOMY Feed Atom
By development of Khami reservoir and using associated gas extracted from fields run by National Iranian South Oil Company (NISOC), the company will commence its second step…
The National Iranian Oil Company head and Russian state company Gazprom deputy chairman held talks on investment patterns for development of oil and gas fields.
Oil prices were steady on Wednesday after a surprise rise in U.S. crude inventories stoked demand concerns as economic worries competed with a tighter supply outlook for…
Japan’s energy companies were quick to embrace the G7’s support for natural gas investment in their statement last month but analysts caution that relying on the fossil…
India’s oil imports from Russia rose to a fresh record high in April, further reducing the share of Middle Eastern and African grades to their lowest level…
The economic exchanges between Iran and the United Kingdom (UK) have more than tripled after BREXIT so that the trade between the two countries reached 696 million…
Iran’s first vice president paid a visit to the 27th Iran International Oil, Gas, Refining and Petrochemical Exhibition, aka Iran Oil Show 2023, on Wednesday.
Iran’s oil minister said the participation of 200 foreign companies in the 27th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show…
The 13th (incumbent) administration has inherited widespread imbalances in energy area including power, gas and gasoline sectors, Iran’s President Seyyed Ebrahim Raeisi said here on Tuesday.
The 27th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2023, kicked off in a ceremony in the Iranian capital Tehran…
Iran’s Institute of International Energy Studies (IIES) and the Roscongress Foundation will hold three expert meetings on Wednesday to take the first step of conducting joint research…
Tehran and Moscow discussed their cooperation in the energy sector in the presence of Iran’s Oil Minister Javad Owji and Russia’s Deputy Prime Minister Alexander Novak here…
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).
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…
