Shipments of refined products from French refinery and depots were blocked on Monday by a 13th day of strike action, though some refineries operated with a reduced…
ECONOMY Feed Atom
Chinese President Xi Jinping arrived in Russia on Monday in his first overseas trip since securing a third term as president.
The visit comes just over…
The European Commission on Monday proposed extending for a year an emergency measure to curb gas demand that is set to expire in order to help the…
Oil prices dropped to their lowest in 15 months on Monday, driven down by concern that risks in the global banking sector and a potential increase to…
Iran’s Oil Ministry in a statement stressed the significance of new investments in energy sector, and welcomed new investments, especially by OPEC+ counties.
The…
Iran has increased its minimum monthly wage for the calendar year starting March 21, 2023 by 27% to more than 80 million rials.
According…
The completion and inauguration of the second phase of Abadan Refinery capacity development and stabilization project are the invaluable manifestation of “we can”, President Ebrahim Raeisi said…
Iran has become self-sufficient in constructing oil and gas refineries, said Oil Ministry Javad Owji here on Monday.
Delivering speech during a ceremony –…
President Ebrahim Raeisi on Monday inaugurated Phase 2 of Abadan Refinery in Khuzestan Province, southwestern Iran, concurrent with the anniversary of nationalization of oil industry.
Iran’s minister of petroleum, in a statement, on Sunday put great emphasis on bringing stability to the international energy and oil market.
Javad Owji…
President Ebrahim Raeisi and Minister of Petroleum Javad Owji oversaw inauguration of oil projects worth $3.4 billion in Assaluyeh. Chief among them were the refinery of Phase…
The value chain development unit of Persian Gulf Bidboland Gas Refining Company became operational.
Enjoying the international quality standard, the unit came on…
Mexico President Andres Manuel Lopez Obrador led a celebration in the capital’s main square on the anniversary of the country’s 1930s expropriation of the oil industry, stressing…
Talks between French oil major TotalEnergies(TTEF.PA) and Iraq to resolve sticking points in a long-delayed $27 billion energy deal “have reached advanced stages”, Iraqi oil minister Hayan Abdel-Ghani…
International Petroleum Corp (IPCO.TO), the first foreign oil company to sanction a project in Canada’s oil sands in more than a decade, could add carbon capture and storage…
Iraq imported some $1.97 billion worth of natural gas from Iran last year despite continued American pressure on the country to reduce its reliance on Iranian energy.
Figures related to extraction of gas from reservoirs show a new record, with Iran’s gas production capacity expected to grow by 50% by 2029.
The head of Iran’s Institute for International Energy Studies (IIES) put great emphasis on contribution of recent political and security agreement between Tehran and Riyadh to economic…
Germany’s energy regulator has ruled out a gas supply emergency for the current winter but cannot give the all clear for the 2023/24 season, its president told…
European Union country leaders could urge companies next week to take part in a scheme for countries to jointly buy gas, according to draft conclusions for a…