Chinese state-owned oil and gas corporation CNOOC has announced the discovery of a major oilfield with light crude reserves of 100 million tons in the Bohai Sea,…
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Head of Atomic Energy Organization of Iran (AEOI) Mohammad Eslami has urged the International Atomic Energy Agency (IAEA) to perform its duties towards Iran’s nuclear program within…
Iran and Oman signed a memorandum of understanding (MOU) in Tehran on Saturday on cooperation in the development of oil and gas fields, investment making in petrochemical…
The director of safety, health and environment, passive defense and crisis management of National Iranian Oil Company said: The most important part of safety in the work…
Germany said on Friday that new infrastructure for floating liquefied natural gas terminals (LNG) will exceed previously expected costs, forewarning taxpayers that there will be a price…
Oil prices dipped on Friday but were poised to register a weekly gain, with renewed optimism on China’s demand recovery outweighing worries over recession, growing U.S. crude…
Russia’s ruptured undersea Nord Stream gas pipelines are set to be sealed up and mothballed as there are no immediate plans to repair or reactivate them, sources…
Bank of Russia’s Chief Elvira Nabiullina is expected to visit Iran in the near future, Ambassador of the Islamic Republic in Moscow, Kazem Jalali said on Wednesday.
Pakistan risks a fine of $18 billion for not completing the Iran-Pakistan gas pipeline project (known as the IP pipeline) in the timeframe stipulated in the agreement,…
China’s seaborne imports of Russian oil are set to hit a record this month after refiners took advantage of cheap prices as domestic fuel demand rebounded, but…
The Canadian Association of Petroleum Producers (CAPP) said on Wednesday it expects oil and natural gas investment in upstream production will reach C$40 billion ($29.4 billion) in…
India’s Baidyanath LNG will sell fuel to GreenLine Logistics’ lorries that run on liquefied natural gas (LNG) in the coal and limestone-rich region of western Maharashtra state,…
Oil prices pared early gains on Thursday as signs of a strong economic rebound in top crude importer China were offset by fears over the impact of…
Venezuela has turned to importing naphtha from the US to upgrade its heavy crude since December, as recorded condensate shipments from Iran for the same purpose have…
The 14th phase of the South Pars Refinery was inaugurated on Thursday in the presence of Iranian President Ebrahim Raeisi.
Iranian Oil Minister Javad…
Iranian President Ebrahim Raeisi arrived in Bushehr Province on Thursday morning as part of his regular visits to different provinces to inaugurate major government projects.
Ghadir Petrochemical Company has broken a 15-year production record, according to a statement released by the company.
The Iranian petrochemical firm, based in Mahshahr,…
Canada Pension Plan Investment Board (CPP) agreed on Tuesday to buy a 49% stake in Aera Energy, a California oil venture being acquired by German asset manager…
Japan will stress the importance of investment in natural gas, liquefied natural gas as well as cleaner fuels such as hydrogen and ammonia during its presidency of…
French oil company TotalEnergies (TTEF.PA) said on Wednesday it had agreed to buy the upstream assets in the United Arab Emirates of Spanish energy company Cepsa (CPF.GQ).