Iran's Islamic Revolution Guards Corps (IRGC) Navy has seized two foreign oil tankers smuggling fuel in the Persian Gulf waters.
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On the International Energy Agency’s recent Op-Ed published on 12 September 2023, asserting that fossil fuel demand would peak before 2030, OPEC notes that consistent and data-based forecasts do not support this assertion.
India is seeking bids to supply gas-fired power to address expected periods of unusually high electricity consumption in October and November, a tender issued on Thursday showed.
Roydad Naft News Agency – For the first time since the landmark Paris Agreement was signed, the United Nations has published an analysis of the world’s progress…
Roydad Naft News Agency – India announced on Saturday the launch of a global biofuel alliance at a G20 summit in New Delhi to boost the use…
Roydad Naft News Agency – Chinese refining giant Sinopec Corp plans to maintain steady refinery output during the second half of 2023 as domestic fuel demand recovers,…
Roydad Naft News Agency – Brazilian Mining and Energy Minister Alexandre Silveira said on Friday he was “absolutely sure” Latin America’s biggest economy was not facing any…
Roydad Naft News Agency – Canada on Thursday released long-awaited draft clean electricity regulations designed to create a net-zero emissions power grid by 2035, and said some…
According Roydad Naft News Agency – The Biden administration is divided over whether to grant a request from the U.S. biofuel industry that would make it easier…
Roydad Naft News Agency – Canada on Monday released a framework for eliminating inefficient fossil fuel subsidies, making it the first G20 country to deliver on a…
Kenya is seeking to entice Uganda, Rwanda and Burundi to consider Mombasa over Dar for oil.
Kenya is upping the ante against Tanzania in…
Roydad Naft News Agency – Oil prices rose on Friday, buoyed by evidence of tightening supplies and economic stimulus in slow-recovering China.
Brent futures…
Iran’s oil and interior ministries have signed a memorandum of understanding (MOU) to cooperate on implementing refuse-derived fuel (RDF) projects.
As reported, the MOU…
Roydad Naft News Agency – Saudi Arabia imported record volumes of discounted Russian fuel oil in June, a near 10-fold annual increase to meet summer power generation…
Roydad Naft News Agency – Global energy demand rose 1% last year and record renewables growth did nothing to shift the dominance of fossil fuels, which still…
Roydad Naft News Agency – U.S. crude oil stockpiles posted a surprise large build last week, while gasoline and distillate inventories gained more than expected, the Energy…
Roydad Naft News Agency – Canadian biofuels producers are threatening to build their next projects in the United States to cash in on rich subsidies for clean…
Roydad Naft News Agency – With oil tankers docking from Mexico and Russia in recent days, Cuba could see its severe fuel shortage ease for the near…
Roydad Naft News Agency – India’s fuel consumption, a proxy for oil demand, climbed by 8% month on month in May to about 20.03 million tonnes, data…
The IRGC Navy has confiscated as much as 3.412 million liters of smuggled fuel in Persian Gulf waters in southern Iran.
The public…