Oil prices were on track for a weekly loss, despite a rise on Friday on strong economic data in the euro zone and Britain, as economic and…
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Russian President Vladimir Putin discussed the OPEC+ deal to cap oil production with the Crown Prince of Saudi Arabia, Mohammed bin Salman, in a telephone call on…
Gas prices in the U.S. won’t be going anywhere higher anytime soon until overseas demand for LNG ramps up significantly.
U.S. natural gas production…
A tanker company has lost its P&I insurance from the American Club because it intends to ship Russian crude above the G7 price cap.
Germany’s liquefied natural gas (LNG) terminal project at Stade has picked a possible constructor and the floating storage and regasification unit (FSRU) at Brunsbuettel became fully operational…
Pakistan has placed its first order for discounted Russian crude oil under a deal struck between Islamabad and Moscow, the country’s petroleum minister said, with one cargo…
Oil prices continued to trend lower in morning trade in Asia, with WTI heading toward $78 and Brent moving closer to $82.
Despite the…
The poster of the 27th Iran International Oil, Gas, Refining and Petrochemical Exhibition having the moto “Oil Industry; Technological Production, Optimal Consumption” was unveiled on Wednesday.
Three gas carriers loaded with butane and propane crossed the Russia-built Crimea bridge over April 12-14 after a four-month wait and set sail for their destinations, Refinitiv…
U.S. crude oil and distillate inventories fell last week while gasoline inventories rose unexpectedly, the Energy Information Administration said on Wednesday.
Crude inventories (USOILC=ECI) fell by…
Finnish Ambassador to Iran Kari Kahiluoto said Finland is looking for economic opportunities in southern Iran in the wake of revival of friendly between the Islamic Republic…
Oil prices dropped sharply on Wednesday, sliding by 2% as potential U.S. interest rate hikes that could slow growth and curb oil consumption outweighed strong Chinese economic…
OPEC and the International Energy Agency (IEA) do not see eye to eye when it comes to the latest cuts in oil output by OPEC+ producers.
India and China have snapped up the vast majority of Russian oil so far in April at prices above the Western price cap of $60 per barrel,…
It will be very difficult for Europe to refill its gas storage to last year’s levels after the continent ended the winter heating season with relatively low…
South Pars Gas Complex (SPGC) produced 17.2 billion cubic meters (bcm) of natural gas over the winter, an increase of 6% compared to the quarter to late…
The length of oil and gas wells pipelines as well as the pipeline construction operation increased in the past Iranian calendar year 1401 (ended on March 20),…
The biogas power plant of units 5 and 6 of South Tehran Wastewater Treatment Plant was put into operation in the presence of Energy Minister Ali-Akbar Mehrabian…
Oil prices firmed slightly on Tuesday, after falling 2% in the previous session, as stronger economic data from the world’s largest crude importer China underpinned the demand…
More than a dozen proposed LNG export projects in the United States could stall due to cost inflation and increased competition to secure financing.