Diplomats from Iran and ASEAN countries have held talks on promotion of bilateral cooperation.
LASTEST NEWS Feed Atom
More than 98 percent of flare gases of the Yadavaran oil field have been collected and sent to NGL 3200 plant, said the development plan director on Monday.
TotalEnergies will restart production at Denmark's Tyra natural gas field in March this year, the company said in a statement on Monday.
The Australian government said on Monday it had reached new gas supply deals for its east coast energy market, easing some concerns over long-term supply gaps as the country moves rapidly away from its dependence on coal-fired power stations.
Brent crude fell 23 cents, or 0.3%, to $78.33 a barrel by 0732 GMT after settling down 54 cents on Friday.
Head of National Iranian Oil Refining and Distribution Company (NIORDC) Jalil Salari said the country’s oil refineries produce 300 million cubic feet (mcf) of hydrogen every day which is consumed inside the country, Shana reported.
The value of Iran’s exports to Pakistan increased by 13 percent in 2023 as compared to 2023, according to the Pakistan Ministry of Commerce.
India has deferred a 50-billion-rupee ($601.78 million) plan to fill parts of its strategic petroleum reserve, keeping in mind emerging trends in oil markets, the finance ministry said on Saturday.
A fire broke out at a Baltic Sea terminal belonging to Novatek, Russia's largest liquefied natural gas producer, after a suspected Ukrainian drone attack, forcing the company to suspend some operations there.
Iran’s hydroelectric power plants generated 1,430 megawatt hours (MWh) of electricity in the third quarter of the current Iranian calendar year (September 23-December 21, 2023), IRNA reported.
Brent futures settled 54 cents lower at $78.56 a barrel. U.S. West Texas Intermediate crude fell 67 cents to settle at $73.41.
Russia leapfrogged Saudi Arabia to become China's top crude oil supplier in 2023, data showed on Saturday, as the world's biggest crude importer defied Western sanctions to purchase vast quantities of discounted oil for its processing plants.
India’s Ministry of Commerce and Industry in its latest report said the value of trade between Tehran and New Delhi increased by 21 percent in November 2023 compared to the same month in 2022.
Iran’s oil revenues neared $34 billion in the first nine months (January-September) of 2023 despite brutal U.S. sanctions, accounting for 12 percent of OPEC member states’ total income.
The Canadian Petrochemical Summit, hosted by Alberta’s Industrial Heartland Association (AIHA), the premier gathering of industry leaders, innovators, and stakeholders, is set to convene on June 11-13, 2024 at the Pomeroy Kananaskis Mountain Lodge in Kananaskis, Alberta.
Eni's sustainable mobility unit Enilive has signed joint venture agreement with LG Chem to develop a biorefinery in South Korea.
Qatar Energy may sign a long-term deal with Indian buyers for cheaper and more flexible LNG, as India aims to increase fuel usage.
Brent crude futures rose 26 cents, or 0.3%, to $79.36 a barrel by 0910 GMT, while U.S. West Texas Intermediate crude futures (WTI) were up 20 cents to $74.28.
Iranian Oil Minister Javad Owji and Turkmenistan’s President Serdar Berdimuhamedov and high-ranking officials held talks on the expansion of bilateral cooperation in Ashgabat on Thursday.
Brent crude futures gained 37 cents, or 0.5%, to $78.25 a barrel by 1005 GMT while U.S. West Texas Intermediate crude futures rose 55 cents, or 0.8%, to $73.11.