If the deal materialises, Aramco will supply crude oil and other feedstocks to Shenghong Petrochemical.
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Qatar's foreign ministry spokesperson says that following the implementation of the recent prisoner swap between Iran and the US, the possibility of reaching a new agreement between the two sides has increased.
Moscow delivered 100,000 metric tons to Pakistan through Iran's Sarakhs Special Economic Zone.
Iranian Oil Minister Javad Owji and a number of foreign ambassadors attend a ceremony to celebrate the 93rd National Day of Saudi Arabia at the kingdom’s embassy in Tehran on September 26, 2023.
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.
Oil prices rose by more than $1 on Wednesday as markets focused on supply tightness heading into winter and a "soft landing" for the U.S. economy.
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.
During a meeting between the governors of the central banks of Iran and Qatar, in Doha on Wednesday, the two sides discussed the strategies for developing financial and banking relations between the two countries.
The National Iranian Drilling Company (NIDC) consolidated planning director on Tuesday said 55 onshore and offshore oil and gas wells have been drilled and completed in the first half of the current Iranian calendar year (March 21-September 22, 2023).
The production control manager of Iran’s National Petrochemical Company said NPC has outlined a plan for exporting technical services to Venezuela and Brazil.
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.
RoydadNaft – The Canada Energy Regulator (CER) approved a route change request for the Trans Mountain oil pipeline expansion on Monday, clearing a major hurdle…
Oil prices fell on Tuesday as a stronger U.S. dollar compounded concerns that demand for fuel will be held back by major central banks holding interest rates higher for longer.
Senior nuclear officials from Iran and China weighed plans for closer cooperation between the two countries, as in the construction of atomic power plants.
With the repair and maintenance services of Syria’s Homs Refinery completed, Iran can export 100,000 barrels of oil per day (bpd) to Syria, the chief executive of the National Iranian Oil Refining and Distribution Company (NIORDC) said.
One person has died and four others were injured in an incident at Iran's southern refinery of Bandar Abbas last week, Iranian state media reported on Monday.
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.