OPEC and its allies will consider keeping oil output unchanged for September when they meet next week, despite calls from the United States for more supply, although…
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The Iranian Embassy in Athens confirmed that the Supreme Court in Greece had voted to uphold an appeals ruling in favor of Tehran against the seizure of…
France could provide Germany 20 terawatt hours of gas, or 2% of German consumption, during winter months if needed in the context of the conflict in Ukraine,…
A senior manager at Russia’s Gazprom (GAZP.MM) said on Wednesday that the company was still awaiting the return of a Siemens Energy
Oil rose by $1 a barrel on Wednesday as a report of lower inventories in the United States and cuts in Russian gas flows to Europe offset…
An expert in energy economics considered the oil industry to be the most attractive area of investment in Iran, and said: “We hope that the agreement with…
The energy ministers of the EU member states have clinched a political agreement on a gas reduction framework, the Czech Presidency of the Council of the European…
The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) voiced the holding’s readiness to cooperate with German companies that excel in chemistry and petrochemical industry.
Turkish President Recept Tayyip Erdogan said that his country will increase oil and gas imports from Iran.
Speaking in an exclusive interview with TRT…
Iranian Minister of Finance and Economic Affairs Ehsan Khandouzi stated on Tuesday that Iran’s oil and gas condensates revenues in the first 4 months of the current…
The Biden administration on Tuesday said it will sell an additional 20 million barrels of oil from the Strategic Petroleum Reserve as part of a previous plan…
The world’s largest energy traders, independents and majors, are poised to post record earnings for the first six months of the year due to volatility in markets…
The CEO of the National Iranian Oil Company (NIOC) said a contract for the development of 7 oil fields worth 4 billion dollars has been signed with…
The Swiss agency in charge of sanctions said it was up to the Swiss government to decide whether to adopt a tweak to EU sanctions that eases…
Oil prices rose on Monday, bolstered by supply fears, a dip in the U.S. dollar and stronger equity markets, but prices seesawed as some worried rising U.S….
European Union countries are seeking to soften the bloc’s plan to require them to use less gas as Europe prepares for a winter of uncertain supplies from…
Russia tightened its gas squeeze on Europe on Monday as Gazprom (GAZP.MM) said supplies through the Nord Stream 1 pipeline to Germany would drop to…
The CEO of the National Petrochemical Company (NPC) invited all investors, researchers and industrialists of the petrochemical industry to participate in completing the sector’s value chain.
Di Aria Polymer (Khomein Petrochemical Plant) was officially inaugurated in the presence of Deputy Minister of Petroleum and the CEO of National Petrochemical Company.
Syrian Minister of Oil and Mineral Resources described cooperation between the oil ministries of Iran and Syria as good, emphasizing that the two countries have high capacity…