Oil prices fell on Monday after China set a lower-than-expected target for economic growth this year at around 5%, and as investors cautiously awaited U.S. Federal Reserve…
ECONOMY Feed Atom
President Joe Biden has pledged that fighting climate change will deliver millions of middle-class jobs with good wages to Americans with union membership cards.
Iranian Oil Minister Javad Oji says the country has been able to collect up to 2.5 times more oil revenues in the last Iranian calendar month (January…
The 27th International Oil, Gas, Refining and Petrochemical Exhibition of Iran (Iran Oil Show 2023) is scheduled to be held at Shahr-e-Aftab International Exhibition Center during May…
The head of the International Energy Agency (IEA), Fatih Birol, said Russia has gone from being “one of the cornerstones of the global energy system” to forfeiting…
Iran has announced the discovery of a large deposit of lithium, a key component of batteries for electric vehicles and electronic devices, state media reported Saturday.
Italian oil and gas group Eni (ENI.MI) said it would cooperate with Abu Dhabi National Oil Co (ADNOC) on energy transition projects, as Rome’s new government works to rebuild…
The CEO of the Industrial Projects Management of Iran (IPMI) said that all sections of Phase 14 of the South Pars gas field have been launched by…
An Iranian official hailed Phase 14 of the South Pars gas field as the most important industrial project carried out in the country after the victory of…
A media report that the United Arab Emirates is considering leaving OPEC is “far from the truth,” two sources with direct knowledge of the matter told Reuters.
Canada’s environment minister on Friday said he was “deeply concerned” about a leak of toxic tailings water from Imperial Oil’s (IMO.TO) Kearl oil sands mine in northern Alberta that…
Chinese state-owned oil and gas corporation CNOOC has announced the discovery of a major oilfield with light crude reserves of 100 million tons in the Bohai Sea,…
Head of Atomic Energy Organization of Iran (AEOI) Mohammad Eslami has urged the International Atomic Energy Agency (IAEA) to perform its duties towards Iran’s nuclear program within…
Iran and Oman signed a memorandum of understanding (MOU) in Tehran on Saturday on cooperation in the development of oil and gas fields, investment making in petrochemical…
The director of safety, health and environment, passive defense and crisis management of National Iranian Oil Company said: The most important part of safety in the work…
Germany said on Friday that new infrastructure for floating liquefied natural gas terminals (LNG) will exceed previously expected costs, forewarning taxpayers that there will be a price…
Oil prices dipped on Friday but were poised to register a weekly gain, with renewed optimism on China’s demand recovery outweighing worries over recession, growing U.S. crude…
Russia’s ruptured undersea Nord Stream gas pipelines are set to be sealed up and mothballed as there are no immediate plans to repair or reactivate them, sources…
Bank of Russia’s Chief Elvira Nabiullina is expected to visit Iran in the near future, Ambassador of the Islamic Republic in Moscow, Kazem Jalali said on Wednesday.
Pakistan risks a fine of $18 billion for not completing the Iran-Pakistan gas pipeline project (known as the IP pipeline) in the timeframe stipulated in the agreement,…