The head of international affairs of the National Petrochemical Company (NPC) said the capacities of international organizations such as ECO and the Shanghai Cooperation Organization could be…
ECONOMY Feed Atom
The national average for a gallon of gas fell three cents since last week to $3.39. The main reason is the oil price, which fell into the…
Saudi Arabia made the cut in the oil production for the fourth month in a row in December, bringing the total Saudi oil production to about 10.44mln…
The Canadian natural gas sector fares among the top five major gas producing nations on cost of supply, according to a new analysis by the Canadian Energy…
Companies in Singapore will have to consider and manage any potential impact on their business activities, transactions, and customer relationships when dealing with Russian crude oil and…
The U.S. Treasury Department on Friday imposed fresh sanctions on Russian banks and targeted its mining and metals sector, while going after over 30 individuals and companies…
China’s top oil and gas major CNPC has completed a months-long reshuffle with the addition of six regional offices that report to Beijing headquarters to better coordinate…
The United States plans to announce $250 million in aid on Friday to shore up Ukraine’s energy infrastructure in the face of Russian attacks and $300 million…
Iran’s Deputy Minister of Oil for Engineering, Research and Technology Vahidreza Zeydifard has said that Tehran is ready to build oil refineries in the Central Asian country.
State oil giant Abu Dhabi National Oil Co (ADNOC) said on Thursday it has set a price range for an initial public offering (IPO) of its gas…
Russia plans to cut oil exports from its western ports by up to 25% in March versus February, exceeding its announced production cuts in a bid to…
Oil prices firmed on Thursday after Brent crude posted its biggest one-day loss for seven weeks in the previous session, with gains on Russian supply curbs capped…
As Europe emerges from a mild winter with gas storage close to record levels, it must brace for another costly race to replenish its reserves on the…
Iran’s Energy Minister Ali Akbar Mehrabian has hosted Tajikistan’s Minister of Energy and Water Resources Daler Juma for talks on joint ventures between the two countries.
The United States will need oil production for at least another decade, President Joe Biden said in his State of the Union address earlier this month. Analysts and…
Saudi Arabia’s state-run oil giant, Saudi Arabia, is now the world’s third-largest company by market capitalization, according to the companiesmarketcap.com list.
Aramco, with a…
Japan’s Tokyo Gas (9531.T) will cut shareholder returns from the next financial year and use freed up funds to invest in technology to slash its carbon emissions, the…
Oil prices fell on Wednesday as concerns about fuel demand were stoked by expectations minutes of the U.S. Federal Reserve’s last policy meeting due later in the…
Petrochemical companies invest to produce hydrogen in Iran in line with the global trend of producing this fuel.
According to Persian Gulf Petrochemical Industries…
The CEO of the National Petrochemical Company (NPC) said Iran is not worried about the supply of catalysts now because Iranian researchers have moved towards localization of…