If the deal materialises, Aramco will supply crude oil and other feedstocks to Shenghong Petrochemical.
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Turkey's state gas grid operator BOTAS signed a deal to supply up to 1.5 billion cubic metres (bcm) of natural gas to Romania's OMV Petrom as Ankara expands its gas export reach.
Turkish President Recep Tayyip Erdogan has welcomed Iran’s proposal regarding the so-called Zangezur corridor connecting Azerbaijan to Armenia, saying the corridor can pass through Iran in the event Armenia does not allow it to pass through its territory.
Iranian Oil Minister Javad Oji has emphasized the important role of the oil industry in strengthening the ties between the Islamic Republic and Saudi Arabia, Shana reported.
Britain said on Tuesday it would work closely with Germany to underpin the international trade in hydrogen under a new partnership, which the government hopes will support its net zero target and bolster energy security.
The UK government's development finance institution British International Investment (BII) plans to invest about $1 billion in Indian climate-related projects by 2026, a top official said, drawn to the country's expanding renewable energy capacity.
President Recep Tayyip Erdoğan and his Azerbaijani counterpart Ilham Aliyev attended the groundbreaking ceremony Monday for a new natural gas pipeline that will run from Türkiye’s eastern province of Iğdir to Sederek in Azerbaijan.
Global demand for Canadian crude is bolstered by production and export cuts from Saudi Arabia and Russia.
"The announcement of Global Biofuel Alliance (GBA) by the Prime Minister Shri Narendra Modi during the G20 summit is a historic development in global efforts to achieve clean energy goals," said Director General of BIS Shri Pramod Kumar Tiwari.
Hydropower-rich Tajikistan plans to produce 1 million metric tons of green hydrogen by 2040 for usage at home and exports to neighbouring central Asian countries, its Minister of Energy and Water Resources Daler Juma told on Monday.
The heads of Russian energy giants Gazprom and Rosneft, Alexei Miller and Igor Sechin, will join President Vladimir Putin's retinue during his visit to China next month, sources familiar with the plans told Reuters.
Bank of France head Francois Villeroy de Galhau, a governing council member of the European Central Bank (ECB), said on Saturday that the spike in oil and fuel prices did not change the ECB's objective to bring inflation back towards 2% by 2025.
The last major piece of infrastructure needed to start production at Mexico's first floating liquefied natural gas (LNG) plant is set to depart from a Texas shipyard next week, the U.S. Coast Guard said in a notice to shippers.
Bank of France head Francois Villeroy de Galhau, a governing council member of the European Central Bank (ECB), said on Saturday that the spike in oil and fuel prices did not change the ECB's objective to bring inflation back towards 2% by 2025.
The large crude distillation unit (CDU) was shut on Friday at TotalEnergies' 238,000 barrel-per-day (bpd) Port Arthur, Texas, refinery following an interruption of feed, said people familiar with plant operations.
Japan's Mitsui & Co said on Friday it had finalised a plan with Canada's Northland Power Inc to build a 1 gigawatt (GW) offshore wind farm in Taiwan at an estimated cost of 960 billion yen ($6.5 billion).
Indian chemicals maker Epigral will keep diversifying its business and expects the share of revenue from new products to expand significantly this year, its chairman and managing director told Reuters on Thursday.
Marine fuel sales at the UAE's Fujairah, the world's third-largest bunker hub, scaled eight-month highs in August, although volumes remained lower from a year-ago period, data showed.
Russia has introduced temporary restrictions on exports of gasoline and diesel in order to stabilise the domestic market, the government said on Thursday.
A C$16.5 billion ($12.27 billion) carbon capture and storage (CCS) project proposed by Canada's major oil producers will only move forward if the federal government sets up a contract to lock in future carbon prices, the Pathways Alliance said on Wednesday.