The price of Azeri LT CIF Augusta decreased by 66 cents amounting to $84.79 per barrel on March 10, 2023, Azernews reports.
The price…
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President Joe Biden’s administration has not yet made a final decision on whether to approve ConocoPhillips’ (COP.N) massive Willow oil project in northwest Alaska, the White House said on…
Iran’s oil minister on Saturday talked of good agreements with giant Chinese companies, record annual production of sour gas, and launch of Phase 11 of South Pars…
The exploration director of the National Iranian Oil Company (NIOC) said seismographic operations reached an “unprecedented” level in over a one-year period when compared with those in…
Kremlin-controlled energy giant Gazprom (GAZP.MM)said on Friday that Elena Burmistrova was stepping down as the head of Gazprom Export and was moving to Gazprombank as its first vice-president.
The United Nations has purchased a large tanker to store about 1.1 million barrels of oil that will be transferred from a decaying vessel off Yemen’s coast…
The European Union struck a deal on Friday to cut final energy consumption across the bloc by 11.7% by 2030, a goal lawmakers said would help fight…
Oil prices edged higher on Friday buoyed by better-than-expected U.S. employment data though both benchmarks remained on course to fall more than 4% on the week amid…
Iranian petrochemical companies based in the country’s Petrochemical Special Economic Zone (Petzone) have signed 34 memorandums of understanding (MOU) with domestic knowledge-based firms for meeting their technological…
A high-ranking trade delegation from West Africa paid a visit to Iran’s Oil and Gas Industry Innovation and Technology Park.
The delegation visited…
The spokesperson of the Ministry of Foreign Affairs of Iran said that Iran was never attached to Instrument in Support of Trade Exchanges (INSTEX), adding that trying…
Billions of dollars in clean energy incentives are poised to speed investment on American soil while putting the European Union’s energy transition at risk by luring away…
European Union countries and companies should not sign new contracts to buy Russian liquefied natural gas, as part of the bloc’s attempt to end its energy dependence…
Oil steadied on Thursday after a two-day decline as strike-disrupted fuel supply in France, a drop in U.S. crude inventories and a weaker dollar offset fears over…
Iran has restarted work on a major gas liquefaction project it was forced to abandon several years ago owing to sanctions, and expects to have it operational…
The Iranian oil minister has given more details about a recent agreements with Oman on the development of energy ties with the southern neighbor.
Iran will soon astonish the world by displaying its exploration expertise, vowed a National Iranian Oil Company (NIOC) official here on Tuesday.
Talking to…
The Canadian oil and gas industry could see investments topping pre-pandemic levels at some C$40 billion, or $29.36 billion, the Canadian Association of Petroleum Producers said.
Spain’s natural gas imports fell 12.1% in January compared with the same month a year earlier, government data showed on Wednesday.
Spain imported the…
Barclays cut its 2023 oil price forecasts on Wednesday, due in part to more resilient output from Russia than expected, and said the market could flip into…