The engineering director of the South Pars Gas Complex stated that the preparations for equipping the LPG export jetty for the National Iranian Gas Company (NIGC) in…
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Iraq signed deals with UAE firm Crescent Petroleum and two Chinese companies on Tuesday for the development of six oil and gas fields as it seeks to…
Iran has set the official selling price (OSP) of its Iranian Light crude oil grade for Asian buyers at $2 a barrel above the Oman/Dubai average for…
The fossil fuel industry is failing to tackle methane emissions despite its pledges to uncover and fix leaking infrastructure, according to a report by the…
Brent oil slipped in a volatile session on Tuesday as persistent concerns about global economic growth outweighed supply curbs and prompted investors to take profits on the…
The head of the Institute of International Energy Studies (IIES) stated that the relations between Iran and China are getting stronger, and said: “The Chinese have always…
Australia’s Ampol Ltd (ALD.AX) on Monday said it had a strong start to 2023 and was well-positioned to manage ongoing volatility in oil markets after soaring prices of refined…
With a little over a month to go for peak shopping season during Ramadan, the head of Pakistan’s retail industry body is shuttling between meetings, pressing officials…
Decisions by OPEC+ are not politicised and are based on market fundamentals, Saudi Arabian energy minister Prince Abdulaziz bin Salman said on Monday, adding that the alliance…
Oil prices rose on Monday, buoyed by optimism over Chinese demand, continued production curbs by major producers and Russia’s plans to rein in supply.
Iranian Foreign Ministry Spokesperson Nasser Kan’ani rejected the claims raised by the Israeli regime’s Prime Minister who accused Iran of attacking an oil tanker in the Persian…
The oil executive who will lead this year’s United Nations climate talks has responded to fears that fossil fuel interests are hijacking the process: his “top priority”…
The government also said its three oil marketing companies are not buying crude from Russia but only the private companies are the ones who are buying, refining…
International Energy Agency (IEA) head Fatih Birol has warned of possible energy shortages next winter as relatively little new liquefied natural gas (LNG) is coming to the…
The Chairman of the Oil Industry Pension Funds Board said Soroush, Negin and Kangan Olefin Petrochemical Plants will come on stream by the end of the next…
The former director of international affairs of the National Iranian Oil Company (NIOC) emphasized that the economy of Iran and China can complement each other and meet…
The Iranian delegation attended separate meetings with the managers of Turkmengas, Turkmenneft and Turkmenchemistry companies on the second day of Iran’s exclusive exhibition in Turkmenistan.
A delegation of Chinese investors visited Mahshahr Petrochemical Special Economic Zone with the aim of checking the existing infrastructure and the possibility of investing $50 million to…
China’s crude imports may rise between 500,000 and 1 million barrels per day (bpd) this year to as high as 11.8 million bpd
China…
Lebanese Minister of Energy and Water Walid Fayad said drilling of the first exploratory oil well in the country is expected to begin at the end of…