Russia’s oil output this year is on course to top 480 million tonnes, or about 9.6 million barrels per day (bpd), a Russian government source familiar with…
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The value of export from Pars Special Economic Energy Zone (PSEEZ) in the southwestern Bushehr province increased by 31 percent in the past Iranian calendar year 1401…
Tehran will host 14th Iran Petrochemical Forum (IPF) on May 1-2, which is a great step toward completing the value chain in the country’s petrochemical industry, the…
Oil prices were steady on Monday as concern over rising interest rates, the global economy and the outlook for fuel demand were balanced by the prospect of…
The managing director of Iran’s National Petrochemical Company (NPC) on Monday announced that one petrochemical project will be inaugurated on average each month of the current Iranian…
A drilling rig was erected off Lavan Island, the Persian Gulf, another step toward boosting oil output, said an Iranian Offshore Oil Company (IOOC) official Monday.
The Alberta Energy Regulator says it is investigating after Suncor reported the discovery of dozens of dead birds at an oilsands tailings pond.
The…
The U.S. government may soon require natural gas-fired power plants to install technology to capture carbon emissions, sources said, as President Joe Biden’s administration enacts new rules…
Start-ups are developing direct lithium extraction technology to access brine under abandoned oil wells.
This method presents a more sustainable and less harmful approach…
The European Union’s statistics office Eurostat announced the import of Iranian oil by three European Union (EU) members in 2022, and introduced Bulgaria as the newest customer…
Imperial Oil Limited, a Canadian company, specializes in exploration, production and sale of crude oil and natural gas. The firm currently operates through three major segments known…
Ukrainian state-owned gas company Naftogaz has held talks with Exxon Mobil Corp, Halliburton and Chevron about projects in Ukraine as the country looks to lure back foreign investment…
Chinese state oil giants and major private refiners are sweeping up more Russian crude, supporting prices and forcing smaller independents to seek out cheap alternatives such as…
President Tayyip Erdogan on Thursday flicked the switch on Turkey’s first delivery of natural gas to an onshore plant from a reserve discovered in the Black Sea…
Oil prices were on track for a weekly loss, despite a rise on Friday on strong economic data in the euro zone and Britain, as economic and…
Russian President Vladimir Putin discussed the OPEC+ deal to cap oil production with the Crown Prince of Saudi Arabia, Mohammed bin Salman, in a telephone call on…
Gas prices in the U.S. won’t be going anywhere higher anytime soon until overseas demand for LNG ramps up significantly.
U.S. natural gas production…
A tanker company has lost its P&I insurance from the American Club because it intends to ship Russian crude above the G7 price cap.
Germany’s liquefied natural gas (LNG) terminal project at Stade has picked a possible constructor and the floating storage and regasification unit (FSRU) at Brunsbuettel became fully operational…
Pakistan has placed its first order for discounted Russian crude oil under a deal struck between Islamabad and Moscow, the country’s petroleum minister said, with one cargo…