Roydad Naft News Agency – The boost to oil demand from the post-pandemic recovery is set to end this year, the International Energy Agency (IEA) said on…
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Roydad Naft News Agency – China is both the biggest driver of future demand for crude oil, and the biggest risk to global refining as it will…
Roydad Naft News Agency – Pakistan on Wednesday approved a liquefied natural gas (LNG) purchase agreement framework with Azerbaijan, its finance ministry said.
Pakistan…
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 – Oil investors appear to be adjusting expectations for tight crude supplies later this year, with the gap between nearer-term and further prices…
Roydad Naft News Agency – Oil prices reversed course to trade slightly lower on Wednesday as an unexpected, large build in U.S. crude oil outweighed bullish demand…
Roydad Naft News Agency – Iran has marked its latest achievement in the oil refining industry with the unveiling of a residue fluid catalytic cracking (RFCC) catalyst…
Roydad Naft News Agency – Iran’s crude oil production increased 61,000 barrels per day (bpd) in May compared to the previous month to reach 2.679 million bpd,…
Roydad Naft News Agency – An Iranian knowledge-based company receiving support from the Ministry of Petroleum will equip Venezuela’s gas compressor stations.
The private…
Iran will help Venezuela restore its 12-million-ton-per-year (Mt/y) petrochemical production capacity, said Oil Minister Javad Owji on Tuesday.
Roydad Naft News Agency – The…
Europe’s benchmark natural gas prices fell for a second day in a row on Tuesday amid tepid industrial demand and comfortable inventories.
The front-month…
Roydad Naft News Agency – China’s Beijing Gas Group is set to start trial operation of its first major liquefied natural gas terminal in northern China in…
Roydad Naft News Agency – Russian company Novatek said on Tuesday it has developed its own technology to produce large-scale volumes of liquefied natural gas (LNG), a key…
Roydad Naft News Agency – Oil prices rose on Tuesday on apparent bargain hunting, recovering some ground from the previous day’s plunge.
But gains…
Roydad Naft News Agency – OPEC left its forecast for 2023 global oil demand growth steady for a fourth month on Tuesday, though the producer group warned…
Roydad Naft News Agency – Germany has imported a significant shipment of crude oil or petroleum products from Iran for the first time in five years, according…
Roydad Naft News Agency – Iran and Venezuela here on Monday signed several contracts to cooperate in the oil sector.
Iran’s Oil Minister Javad…
Roydad Naft News Agency – Iran’s president on Monday said the strengthening of the economic sector is the most effective way to confront sanctions.
Roydad Naft News Agency – Iran and Venezuela signed 19 cooperation documents and memorandums of understanding (MoUs) in Caracas on Monday.
The signing…
Roydad Naft News Agency – The United States is about to start unloading crude from a tanker allegedly used to carry Iranian oil abroad, the FT has