Iranian Foreign Ministry Spokesperson Nasser Kan’ani rejected the claims raised by the Israeli regime’s Prime Minister who accused Iran of attacking an oil tanker in the Persian…
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The oil executive who will lead this year’s United Nations climate talks has responded to fears that fossil fuel interests are hijacking the process: his “top priority”…
The government also said its three oil marketing companies are not buying crude from Russia but only the private companies are the ones who are buying, refining…
International Energy Agency (IEA) head Fatih Birol has warned of possible energy shortages next winter as relatively little new liquefied natural gas (LNG) is coming to the…
The Chairman of the Oil Industry Pension Funds Board said Soroush, Negin and Kangan Olefin Petrochemical Plants will come on stream by the end of the next…
The former director of international affairs of the National Iranian Oil Company (NIOC) emphasized that the economy of Iran and China can complement each other and meet…
The Iranian delegation attended separate meetings with the managers of Turkmengas, Turkmenneft and Turkmenchemistry companies on the second day of Iran’s exclusive exhibition in Turkmenistan.
A delegation of Chinese investors visited Mahshahr Petrochemical Special Economic Zone with the aim of checking the existing infrastructure and the possibility of investing $50 million to…
China’s crude imports may rise between 500,000 and 1 million barrels per day (bpd) this year to as high as 11.8 million bpd
China…
Lebanese Minister of Energy and Water Walid Fayad said drilling of the first exploratory oil well in the country is expected to begin at the end of…
Oil settled down $2 a barrel on Friday and ended the week markedly lower, as traders worried that future U.S. interest rate hikes could weigh on demand…
The secretary of Iran’s Free Zones High Council said that 350 investment packages are being prepared to attract foreign investors to the country’s free zones.
Iranian heavy oil price increased by $2.45 in January to register a 3.1-percent increase compared to December 2022, according to OPEC’s latest monthly report published on February…
China’s commerce ministry has met independent oil refiners to discuss their deals with Russia, five sources with knowledge of the matter said, imports which have saved Chinese…
President Vladimir Putin on Friday lauded Russia’s natural gas giant, vowing that Gazprom (GAZP.MM) would thrive despite attempts by the West to cut its clout as demand for gas…
Oil fell 3% on Friday and was on course for a weekly decline, pressured by concerns of more U.S. Federal Reserve interest rate hikes that could weigh…
European gas prices have fallen as much as 85% from their peak of more than €300/MWh in August 2022.
The price of European natural…
After Washington’s initial apprehension over Iraq’s new government, the U.S. wants to help Iraq address its economic woes and strengthen its democracy.
Top Iraqi…
On the sidelines of the exhibition “Supporting domestic production in the petrochemical industries of Iran” and in line with the final horizon of the Lamard Special Economic…
The U.S. is stepping up efforts to enforce sanctions on Iran’s energy exports.
The world’s largest crude importer and main customer of Iranian oil,…