Gazprom is supplying gas to Europe through Ukraine in the volume of 42.4 mln cubic meters per day via the Sudzha gas pumping station.
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Oil prices rose on Monday as Iranian nuclear talks appeared to hit obstacles and an embargo on Russian oil shipments loomed, with tight supply struggling to meet…
Türkiye has been affected by the energy crisis, yet in contrast to Europe, it is not expected to face any disruptions this winter as long as gas…
Head of National Petrochemical Research and Technology Company (NPC-RT) said homegrown technical know-how has reduced investment costs in the petrochemical industry by 30 percent, Shana reported.
Oil prices rose about 4 percent on Friday, supported by real and threatened cuts to supply, although futures posted a second weekly decline as aggressive interest rate…
Italian Minister for Ecological Transition Roberto Cingolani said the European Union should introduce a cap on gas prices for exporters across the board as targeting Russia’s dwindling…
The Islamic Revolution Guards Corps (IRGC) and Iranian Intelligence Ministry seized a foreign ship carrying smuggled fuel in the Persian Gulf and detained all its crew.
Energy prices went up sharply after February 24 when first Russian troops entered Ukraine. By late March 2022, it hit above $ 120.40 per barrel for Brent…
A $7 billion memorandum of understanding has been signed by National Iranian Oil Company (NIOC) and Iranian banks and E&P companies to develop the entire giant Azadegan…
The Russia-Ukraine war is not just a military conflict between Moscow and Kiev. Moreover, the consequences of the war are not limited to the geography of Europe….
Energy security has always been an especially sensitive issue in the economic policies of various governments of Pakistan. Although Pakistan’s economy mainly depends on agriculture which makes…
Germany’s difficulties in getting European partners to sign bilateral agreements on sharing gas in case of an emergency predate the current situation, the economy ministry said on…
Norway’s prime minister has again warned against a price cap on Norwegian gas sold to the European Union, arguing this would not solve Europe’s energy problems, newspaper…
Oil prices rose over 3% on Friday supported by real and threatened cuts to supply, although futures were set for a second weekly decline as aggressive interest…
As Winston Churchill reportedly said in the 1940s as he was working to co-form what would become the United Nations: “Never let a good crisis go to…
Crude prices edged up about 2% on Thursday after dropping to a seven-month low in the prior session after Russia threatened to halt oil and gas exports…
Karoon Petrochemical Company has unveiled its fifth knowledge-based product, in cooperation with a knowledge-based company, which can save $10 million by meeting domestic needs.
Iranian Ambassador Mohammad Ali Hosseini on Tuesday offered his government’s support to complete Iran-Pakistan (IP) Gas Pipeline project and hinted to extend cooperation in other fields of…
Turkish media have reported that Turkey is negotiating with the USA in order to purchase and import Liquefied Natural Gas (LNG).
According to the…
The European Union is preparing emergency plans to cap gas prices or separate power prices from the soaring cost of gas – as well as longer-term reforms…
