The state of California has sued major oil companies including Exxon Mobil Corp, Shell PLC, and Chevron Corp, accusing them of playing down the risks posed by fossil fuels, the New York Times reported on Friday.
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The managing director of National Iranian Oil Products Distribution Company (NIOPDC) announced that the record of gasoline consumption in the country was broken by registering the consumption of 137 million liters of gasoline per day, at the same time as the intercity traffic increased in the last days of summer.
In a meeting between an Iranian trade delegation from the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) with the deputy head of the Istanbul Chamber of Commerce (ICOC), the two sides called for improving mutual cooperation.
Iran’s International Exhibition of Plastics, Rubber, Machinery and Equipment is one of the biggest polymer expositions in the Middle East, said the National Petrochemical Company investment manager on Friday.
The City of Calgary is excited to welcome the 24th World Petroleum Congress to Calgary Sept. 17 – 21, 2023. The event will be an important bridge between the traditional energy sector and a more carbon-neutral industry over the next twenty-five years.
Russia and India have agreed to widen maritime cooperation, including the possibility of using new transport corridors like the Northern Sea Route (NSR) as well as the Eastern Maritime Corridor (EMC) between Vladivostok and Chennai.
More than two-thirds of the world's population favours solar energy, five times more than public support for fossil fuels, a global poll has found.
Oil was on track for a third weekly gain as supply tightness spearheaded by Saudi Arabian production cuts combines with optimism that the Chinese economy is finally turning a corner.
Iran's Islamic Revolution Guards Corps (IRGC) Navy has seized two foreign oil tankers smuggling fuel in the Persian Gulf waters.
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.
The Organization of the Petroleum Exporting Countries (OPEC) today turned 63.
The Monthly Oil Market Report (MOMR) of the Organization of the Petroleum Exporting Countries (OPEC) showed that Iran has regained its position as the third-largest crude oil producer in August.
Appetite for Iranian crude is growing in China, the world's biggest oil importer, after the extension of supply cuts by Saudi Arabia and Russia boosted global prices , while Tehran is stepping up output and exports despite U.S. sanctions.
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.
Russian energy giant Gazprom delivered its first cargo of liquefied natural gas (LNG) via the Arctic Northern Sea Route to China on Thursday, according to LSEG data, a month after it started the delivery.
Russia's push to create a "gas hub" in Turkey to replace lost sales to Europe is facing delays because of disagreements over who should be in charge of it, two sources familiar with the project told Reuters.
Oil rebounded on Thursday, with Brent crude topping $93 a barrel for the first time this year, as expectations of a tighter supply outlook for the rest of 2023 overshadowed concerns over weaker economic growth and rising U.S. inventories.
The latest figures by the Organization of Petroleum Exporting Countries (OPEC) indicate that Iranian oil prices increased by an average of $6.1 per barrel in August.
Iran’s oil minister said his ministry has inked good agreements with neighboring Iraq in the field of exporting gas, collecting associated (flare) gas and also exporting technical-engineering services in the oil sector.
Iranian Vice President for Science, Technology, and Knowledge-based Economy Ruhollah Dehghani Firouzabadi has left Tehran for Havana to participate in the 2023 summit of the Group of 77 + China.