Global refining margins have halved since February as Russian crude exports remain elevated despite sanctions, boosting fuel output from China and India, Reuters has
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Oil slipped on Tuesday after two sessions of gains as uncertainty about the global economic outlook and a firmer dollar countered investor optimism about demand in China…
More than 1,500 Iranian and Foreign companies will participate in the 27th Iran International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show 2023), which will be…
Iran’s deputy oil minister for international affairs and trade here on Monday said a high-ranking delegation from Russia will visit Tehran to sign cooperation documents.
OPEC’s share of India’s oil imports fell at the fastest pace in 2022/23 to the lowest in at least 22 years, as intake of cheaper Russian oil…
Russia’s oil output this year is on course to top 480 million tonnes, or about 9.6 million barrels per day (bpd), a Russian government source familiar with…
The value of export from Pars Special Economic Energy Zone (PSEEZ) in the southwestern Bushehr province increased by 31 percent in the past Iranian calendar year 1401…
Tehran will host 14th Iran Petrochemical Forum (IPF) on May 1-2, which is a great step toward completing the value chain in the country’s petrochemical industry, the…
Oil prices were steady on Monday as concern over rising interest rates, the global economy and the outlook for fuel demand were balanced by the prospect of…
The managing director of Iran’s National Petrochemical Company (NPC) on Monday announced that one petrochemical project will be inaugurated on average each month of the current Iranian…
A drilling rig was erected off Lavan Island, the Persian Gulf, another step toward boosting oil output, said an Iranian Offshore Oil Company (IOOC) official Monday.
The Alberta Energy Regulator says it is investigating after Suncor reported the discovery of dozens of dead birds at an oilsands tailings pond.
The…
The U.S. government may soon require natural gas-fired power plants to install technology to capture carbon emissions, sources said, as President Joe Biden’s administration enacts new rules…
Start-ups are developing direct lithium extraction technology to access brine under abandoned oil wells.
This method presents a more sustainable and less harmful approach…
The European Union’s statistics office Eurostat announced the import of Iranian oil by three European Union (EU) members in 2022, and introduced Bulgaria as the newest customer…
Imperial Oil Limited, a Canadian company, specializes in exploration, production and sale of crude oil and natural gas. The firm currently operates through three major segments known…
The U.S. Environmental Protection Agency on Friday said it will require companies that produce oil from a process known as “advanced recycling” to submit the product to…
Ukrainian state-owned gas company Naftogaz has held talks with Exxon Mobil Corp, Halliburton and Chevron about projects in Ukraine as the country looks to lure back foreign investment…
Chinese state oil giants and major private refiners are sweeping up more Russian crude, supporting prices and forcing smaller independents to seek out cheap alternatives such as…
President Tayyip Erdogan on Thursday flicked the switch on Turkey’s first delivery of natural gas to an onshore plant from a reserve discovered in the Black Sea…