The National Iranian Oil Company (NIOC) has increased the official selling price of all types of crude oil for export to Asian markets in September.
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Iranian authorities announced that domestic contractors have finished pipe laying operation for a major natural gas project in the Persian Gulf despite the US sanctions.
German gas storage facilities were slightly more than 75% full last Friday, a couple of weeks ahead of target, data from European operators group GIE showed on…
Saudi Arabia’s Kingdom Holding (4280.SE) invested in Russian energy groups Gazprom (GAZP.MM), Rosneft (ROSN.MM) and Lukoil (LKOH.MM) between…
State oil giant Saudi Aramco (2222.SE) on Sunday reported its highest quarterly profit since the company went public in 2019, boosted by higher oil prices…
The subsea pipe laying operation of the gas transmission line from the first platform of South Pars phase 11 in the Persian Gulf to the onshore refinery…
The drilling operation of the first exploratory well of Changuleh oil field in Iran’s western Ilam Province is going to begin soon, a senior official with the…
Tehran’s Embassy in Athens announced that the Iranian oil tanker and its cargo which was seized by Greece under US pressure is to head back to the…
The United States has expressed concern to India that it was being used to export fuel made from Russian crude, through high-seas transfers to hide its origin,…
Russia’s Gazprom (GAZP.MM) has ramped up flows to Hungary via the Turkstream pipeline that brings gas to Hungary via Serbia, a Hungarian foreign ministry official…
Oil prices fell Friday, as uncertainty surrounding the market’s demand/supply balance prompted traders to cash in some of the week’s strong gains.
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Oil prices plunged around 2% on Friday, on expectations that supply disruptions in the U.S. Gulf of Mexico would be short-term, while recession fears clouded the demand…
Russia’s Rosneft (ROSN.MM)said on Friday that fuel prices in Germany will likely jump if the PCK Schwedt refinery it owns alongside Shell
OPEC on Thursday cut its 2022 forecast for growth in world oil demand for a third time since April, citing the economic impact of Russia’s invasion of…
Oil prices rose more than $2 on Thursday after the International Energy Agency raised its oil demand growth forecast for this year as soaring natural gas prices…
Germany’s Uniper (UN01.DE) is prepared to swap liquefied natural gas (LNG) it gets from Australia’s Woodside for U.S. gas, so it can boost supplies in…
The global energy market will get a million barrels of oil if the US and Iran resuscitate the 2015 nuclear deal, but even if they do, it…
Sep WTI crude oil (CLU22) today is down -1.36 (-1.50%), while Sep RBOB gasoline (RBU22) is up +0.0403 (+1.36%). Sep nat gas (NGU22) is…
As energy bills mount and the threat of rationing increases, some European retailers are turning off lights and considering shorter opening hours this winter.
Russian oil pipeline flows resumed to Central Europe on Wednesday, ending a six-day halt, after Hungarian group MOL paid transit fees owed to Ukraine, providing a temporary…