The CEO of the National Iranian Gas Company (NIGC) said the country’s gas export revenue rose by 64% in the first year since President Raeisi took office…
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Iranian Minister of Finance and Economic Affairs Ehsan Khandouzi said on Sunday that the country’s oil revenues have considerably increased compared to the last year, despite unrelenting…
The U.S. Energy Secretary urged domestic oil refiners this month to not further increase exports of fuels like gasoline and diesel, adding that the Biden administration may…
Germany’s gas storage facilities are filling up faster than planned, Economy Minister Robert Habeck said, giving hope that Europe’s biggest economy could avoid acute gas shortages this…
Exploiting the marine export plan of liquefied petroleum gas (LPG) has prevented the annual waste of 2,000 tons of LPG that was burned in the past, and…
Referring to the energy potential of Iran and Nigeria, the Iranian oil minister expressed hope that cooperation in the field of energy will increase between the two…
The CEO of the National Petrochemical Company (NPC) said the country’s petrochemical revenues are planned to hit $18 billion in the current calendar year, which began on…
The United States had constructive discussions with Indian officials on a proposal to cap prices of Russian oil, U.S. Deputy Treasury Secretary Wally Adeyemo said on Friday,…
Oil prices fell on Friday, after the head of the U.S. Federal Reserve warned there is no quick cure for inflation, while talk of a hefty European…
Iranian Oil Minister Javad Owji said Tehran has offered its assistance to Europe in the form of oil and gas deliveries for the winter as energy crisis…
Iranian Oil Minister Javad Owji said Russia is leading the development projects of seven oil and gas fields in the country, and added that Tehran and Moscow…
Oil prices eased on Thursday in volatile trade as investors braced for the possible return of sanctioned Iranian oil exports to the market and on worries that…
The CEO of the National Iranian Oil Company (NIOC) said the development of the fields of Khami Group were to be developed with an investment of 5.5…
An Iranian knowledge-based company has unveiled a Christmas Tree with a working pressure of 15,000 psi (pound per square inch).
Iranian Minister of Petroleum…
Iran’s Minister of Petroleum Javad Owji on Wednesday urged Iran-Russia agreements to be put into operation.
Owji met and held talks with Russian Presidential…
Under pressure from Western sanctions, Russia is exporting more fuel oil to Asia and using ship-to-ship transfers to build larger cargoes for distant markets, according to traders…
Gas production in the United Kingdom rose 26% in the first half of this year compared to the same period last year, an industry body said on…
Benchmark Brent oil held above $100 a barrel on Wednesday after Saudi Arabia suggested this week that OPEC could consider cutting output, though bearish economic signals from…
The CEO of the National Iranian Oil Company (NIOC) said an annual $400 million of hard currency earning will be one of the benefits of developing a…
The CEO of the National Iranian Oil Company (NIOC) voiced Iran’s readiness for maximum gas condensate swap, adding the country is preparing to bring its crude oil…