Cenovus Energy Inc (CVE.TO)posted a net profit for the fourth quarter on Thursday, compared with a loss last year, and said Chief Operating Officer Jon McKenzie would become…
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Oil prices fluctuated in a narrow range on Thursday as it weighed a large build in U.S. crude inventories and hopes for a Chinese demand recovery.
Stating that his visit to China was very fruitful and successful, Iranian president expressed hope that the the two countries cooperation in various fields will be further…
Ure Lordegan Chemical Fertilizer Company signed a memorandum of understanding for the manufacture of catalysts for primary and secondary reformers, LTS & HTS, dehydrogenation with Sarv Oil…
Japanese oil refiners may buy Russian crude from the Sakhalin-2 oil and gas project, if needed, to secure a stable supply of liquefied natural gas (LNG), the…
Tourmaline Oil Corp., the largest natural gas producer in Canada, is sending its natural gas from northeastern British Columbia to the Gulf Coast in Texas.
Oil prices dropped for a second day on Wednesday on signs of ample U.S. supplies and expectations of further interest rate hikes, though forecasts of higher 2023…
China’s Sinochem Holdings Corp is considering selling its entire 37% stake in Italian tiremaker Pirelli & C SpA (PIRC.MI), Bloomberg News reported on Wednesday, citing people familiar with the matter.
Iran has reported major increases in exports of certain petrochemicals and oil products in the calendar year that started in late March 2022.
An…
Following the recent official visit of Iranian President Ebrahim Raisi to China the two countries have taken new steps for the development of ties in economic areas…
Saudi Arabia reduced in early January the price of its crude oil going to Asia and Europe in February, expecting still weak demand, but signs started to…
OPEC has raised its 2023 forecast for global oil demand growth in its first upward revision for months, citing China’s relaxation of COVID-19 restrictions and slightly stronger…
The global oil and gas industry’s profits in 2022 jumped to some $4 trillion from an average of $1.5 trillion in recent years, the head of the…
Oil prices fell on Tuesday after the U.S. government said it would release more crude from its Strategic Petroleum Reserve and edged down further after U.S. inflation…
The director of investment and business of the National Iranian Oil Company (NIOC), emphasizing that the 13th administration, unlike the previous administration, has a strategic view of…
20 cooperation documents were signed between high-ranking officials of the Islamic Republic of Iran and China in the presence of the presidents of the two countries.
The CEO of the National Iranian Oil Company (NIOC) emphasized the need to accelerate the maintenance of the production capacity of the fields operated by the Iranian…
The Deputy Head of Technology of the Oil and Gas Park said: “Until the past few years, the gross domestic product from the knowledge-based sector was a…
The Nordlotus sailed from Turkey’s Ceyhan oil export hub loaded with Azeri crude oil on Monday, the first since the earthquakes that hit the region on Feb….
Russia plans to sell more than 80% of its oil exports to what it calls “friendly” countries in 2023, Deputy Prime Minister Alexander Novak said on Monday,…