Oil prices firmed on Thursday after Brent crude posted its biggest one-day loss for seven weeks in the previous session, with gains on Russian supply curbs capped…
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As Europe emerges from a mild winter with gas storage close to record levels, it must brace for another costly race to replenish its reserves on the…
Iran’s Energy Minister Ali Akbar Mehrabian has hosted Tajikistan’s Minister of Energy and Water Resources Daler Juma for talks on joint ventures between the two countries.
The United States will need oil production for at least another decade, President Joe Biden said in his State of the Union address earlier this month. Analysts and…
Saudi Arabia’s state-run oil giant, Saudi Arabia, is now the world’s third-largest company by market capitalization, according to the companiesmarketcap.com list.
Aramco, with a…
Japan’s Tokyo Gas (9531.T) will cut shareholder returns from the next financial year and use freed up funds to invest in technology to slash its carbon emissions, the…
Germany is unlikely to face a gas shortage in the coming winter and should halt the conversion of floating liquefied natural gas (LNG) terminals to fixed ones,…
Oil prices fell on Wednesday as concerns about fuel demand were stoked by expectations minutes of the U.S. Federal Reserve’s last policy meeting due later in the…
Petrochemical companies invest to produce hydrogen in Iran in line with the global trend of producing this fuel.
According to Persian Gulf Petrochemical Industries…
The CEO of the National Petrochemical Company (NPC) said Iran is not worried about the supply of catalysts now because Iranian researchers have moved towards localization of…
The engineering director of the South Pars Gas Complex stated that the preparations for equipping the LPG export jetty for the National Iranian Gas Company (NIGC) in…
Iraq signed deals with UAE firm Crescent Petroleum and two Chinese companies on Tuesday for the development of six oil and gas fields as it seeks to…
Iran has set the official selling price (OSP) of its Iranian Light crude oil grade for Asian buyers at $2 a barrel above the Oman/Dubai average for…
The fossil fuel industry is failing to tackle methane emissions despite its pledges to uncover and fix leaking infrastructure, according to a report by the…
Brent oil slipped in a volatile session on Tuesday as persistent concerns about global economic growth outweighed supply curbs and prompted investors to take profits on the…
The head of the Institute of International Energy Studies (IIES) stated that the relations between Iran and China are getting stronger, and said: “The Chinese have always…
Australia’s Ampol Ltd (ALD.AX) on Monday said it had a strong start to 2023 and was well-positioned to manage ongoing volatility in oil markets after soaring prices of refined…
With a little over a month to go for peak shopping season during Ramadan, the head of Pakistan’s retail industry body is shuttling between meetings, pressing officials…
Decisions by OPEC+ are not politicised and are based on market fundamentals, Saudi Arabian energy minister Prince Abdulaziz bin Salman said on Monday, adding that the alliance…
Oil prices rose on Monday, buoyed by optimism over Chinese demand, continued production curbs by major producers and Russia’s plans to rein in supply.