Roydad Naft News Agency – Oil prices were broadly stable on Friday and were set for a second week of declines as concern over oil demand growth…
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Europe’s climate and energy policies are very prescriptive and geared toward picking energy transition winners and losers instead of letting the market decide which solutions reduce emissions…
The World Bank in its latest report has predicted a 2.2% growth for Iran’s economy in 2023, a figure which is higher than the average growth forecast…
Roydad Naft News Agency – Iranian President Ebrahim Raisi has inaugurated numerous industrial, energy, and infrastructure projects during a two-day visit to the northwestern East Azarbaijan province.
The consideration of the strategic review includes a new ownership structure, a full or partial sale, or a change in assets portfolio.
Canadian…
Roydad Naft News Agency – India’s fuel consumption, a proxy for oil demand, climbed by 8% month on month in May to about 20.03 million tonnes, data…
Roydad Naft News Agency – Oil prices rose on Thursday as tighter supply resulting from Saudi Arabia’s pledged production cut and a potential pause to U.S. interest…
Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman discussed in a telephone conversation ensuring stability in the energy market and praised the cooperation within…
Figures published by Iran’s finance ministry show the National Iranian Gas Company (NIGC) was the most profitable firm in the country in the year to late March…
Roydad Naft News Agency – Russia’s agencies will study Iran’s plans to create a natural gas hub on the Persian Gulf in cooperation with Russia, Qatar, and…
U.S. crude oil production could gain 720,000 barrels daily this year, up from a previously forecast growth rate of 640,000 bpd, according to the latest edition of…
Roydad Naft News Agency – Canada’s TC Energy is cutting some jobs to “optimize value” a company spokesperson said on Tuesday, without giving details of how many positions…
Roydad Naft News Agency – Russia’s piped supply of Urals crude to the European Union (EU) via the southern Druzhba pipeline in June is set to increase…
Roydad Naft News Agency – Head of Iran’s National Petrochemical Company (NPC) said that many Russian companies are interested in investing in the downstream petrochemical industries in…
Roydad Naft News Agency – Oil prices edged higher on Wednesday as Saudi Arabia’s surprise weekend pledge to deepen output cuts outweighed weak Chinese export data and…
Roydad Naft News Agency – Iran’s oil minister on Wednesday said his ministry is seeking to increase the country’s share in energy trade with neighboring states.
Roydad Naft News Agency – Top crude exporter Saudi Arabia’s pledge to deepen output cuts is unlikely to underpin a sustainable price increase into the high $80s-low…
Roydad Naft News Agency – Oil prices tumbled by more than $1 a barrel on Tuesday, retreating from a strong rally in the previous session as worries…
Roydad Naft News Agency – In line with the national policy for optimal utilization of the country’s resources for economic and social development, the expansion of oil…
Roydad Naft News Agency – A senior energy expert said Iran is seeking to have a greater role in its gas trade with neighboring countries.