The memorandum of understanding on investment signed between Iran and Russia was a win-win deal, a senior energy official said.
The implementation of the…
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U.S. crude prices settled below $95 a barrel for the first time since April in choppy trading on Friday after the European Union said it would allow…
Finance Ministery of the Taliban announced on Saturday that it has signed a contract to purchase 350,000 tons of oil from Iran.
According to…
Iran is planning to export some 400 megawatts of electricity to Iraq in five years, the Iraqi energy ministry announced.
The ministry, however, said…
Russia will not supply oil to countries that decide to impose a price cap on its oil, Russian Central Bank Governor Elvira Nabiullina told a briefing on…
The European Union is seeking additional gas supplies from Nigeria as the bloc prepares for potential Russian supply cuts, Matthew Baldwin, deputy director general of the European…
The operator of a major pipeline from Russia to Europe says natural gas has started flowing again after a 10-day shutdown for maintenance.
Russian…
Oil prices edged up on Friday in choppy trading after Russia said it will not supply crude to countries that decide to impose a price cap on…
National envoys to the European Union debated on Friday a compromise to a European Commission proposal that all 27 EU countries cut their natural gas use after…
Mexico’s government will hold frank and open discussions to resolve a dispute with the United States and Canada over Mexican energy policies that they argue breaches a…
The Chief Executive of National Iranian Oil Company (NIOC) announced that three other phases of Refinery 14 of South Pars Gas Field will be put into operation,…
Eni said on Thursday it would receive about 36 million cubic metres of gas from Russia’s Gazprom (GAZP.MM), up from the daily average volumes…
Russia resumed pumping gas via its biggest pipeline to Europe on Thursday after a 10-day outage, allaying some of Europe’s immediate supply fears but not enough to…
Islamic Republic of Iran will export four million barrels of oil to the Bolivarian Republic of Venezuela in the current month.
Iran is increasing…
Tehran and Ankara agreed to start negotiations on a new gas exports agreement which would allow an increased supply of natural gas from Iran to Turkey for…
The European Union has set out emergency plans for countries to cut their gas use by 15% until March, warning them that without deep reductions they could…
Oil prices fell on Wednesday, after U.S. government data showed lower gasoline demand during the peak summer driving season and as interest rate hikes by central banks…
The European Union told member states on Wednesday to cut gas usage by 15% until March as an emergency step after President Vladimir Putin warned that Russian…
Noting that the nuclear deal is not dead yet, the US Deputy Secretary of State stated that the world needs Iran’s oil.
Negotiations to…
The National Iranian Oil Company and Russian gas producer Gazprom inked on Tuesday a memorandum of understanding (MoU) worth around $40 billion.
Iranian and…