Oil prices extended losses on Monday as looming increases to interest rates by major central banks and signs of strong Russian exports offset rising Middle East tension…
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The Speaker of the Iranian Parliament said: “Iran and Algeria have the possibility to cooperate in the field of knowledge-based issues and infrastructure and energy studies, especially…
The head of production coordination and supervision of South Pars Gas Complex (SPGC) said SPGC is currently producing over 700,000 barrels of gas condensate and exports 480,000…
TotalEnergies (TTEF.PA) is keen to start work on Lebanon’s offshore Block 9 “as soon as possible”, with assessments to begin early next month and well-drilling to launch in the…
Deputy Head of Iran Powerplant Repairs Company has said the country is currently among the world’s top manufacturers of steam and gas turbines, IRIB reported.
The director of coordination of gas supply of National Iranian Gas Company (NIGC) said Iran’s annual gas consumption is over 228 billion cubic meters of which 70%…
Oil prices settled lower on Friday, making their weekly finish flat to lower, as indications of strong Russian oil supply offset better-than-expected U.S. economic growth data, strong…
Italian Prime Minister Giorgia Meloni visited Tripoli on Saturday to conclude an $8 billion gas deal aimed at boosting energy supplies to Europe despite the insecurity and…
The Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei visited an exhibition that showcased Iran’s industrial achievements on Saturday morning.
The exhibition was held…
The 13th Specialized Exhibition of Khuzestan Manufacturing Oil Industry Equipment is scheduled to be held in the southwestern city of Ahvaz (the capital city of Khuzestan) during…
The third train of the South Pars phase 14 refinery has gone operational, according to the operator of the phase 14 development project, Mohammad-Mehdi Tavasoli-Pour.
The CEO of Tabriz Petrochemical Company (TPC) emphasized the necessity of increasing cooperation in a meeting with Russian petrochemical industry executives.
According to TPC,…
An official with the Persian Gulf Petrochemical Industries Company (PGPIC) said Gachsaran Petrochemical Project was about to be launched in the near future.
According…
Oil prices rose for a second session on Friday, buoyed by better than expected U.S. economic growth, strong middle distillate refining margins and hopes of a rapid…
Right now, the price to fill up at the pump may not feel all that bad. With the average price of a gallon of gasoline around $3.30…
QatarEnergy will join TotalEnergies and Eni in exploring for oil and gas in Lebanon, the Lebanese energy ministry said on Thursday.
Lebanon signed an…
Oil prices rose 1% on Thursday on expectations that demand will strengthen as top oil importer China reopens its economy and on news U.S. crude inventories have…
Shell (SHEL.L) has launched a strategic review of its home energy retail businesses in Britain, the Netherlands and Germany in the wake of “tough market conditions”, it said on…
Oil steadied on Wednesday after a decline in the previous session, as a rise in U.S. crude inventories and global recession worries countered optimism for a demand…
CEO of the National Iranian Oil Company Mohsen Khojasteh Mehr said that measures are being taken to prevent the pressure drops in the South Pars gas field.