Energy Minister Ali Akbar Mehrabian underlined on Tuesday that Iran is the top producer of electricity in West Asia, and said Tehran is planning on inking long-term…
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A Milan Appeal Court acknowledged on Tuesday the dropping of criminal proceedings in a Nigeria corruption case, finalising the acquittal of Eni (ENI.MI) and Shell…
Oilfield services provider Halliburton Co (HAL.N) on Tuesday posted a 41% increase in second-quarter adjusted profit compared to the first quarter, and predicted years of…
Russian gas flows via the Nord Stream 1 pipeline are seen restarting on time on Thursday after the completion of scheduled maintenance, two sources familiar with the…
Russia’s crude flows are coming down, but higher oil prices are cushioning the impact on the Kremlin’s war chest.
There are tentative signs that…
Suncor Energy Inc (SU.TO), said on Monday it had added three new independent directors and would review a possible sale of its retail gas…
Canada on Monday launched consultations on a plan to cap and cut greenhouse gases from the oil and gas sector, its largest and fastest-growing source of emissions,…
Russia’s Gazprom has told customers in Europe it cannot guarantee gas supplies because of ‘extraordinary’ circumstances, according to a letter seen by Reuters, upping the ante in…
Major crude oil producers have spare capacity and are likely to boost supplies following President Joe Biden’s visit to the Middle East, a senior U.S. energy envoy…
Iranian Deputy Foreign Minister for Economic Diplomacy Affairs Mehdi Safari stated that Tehran has launched refineries in three countries.
“The refineries have been launched…
Europe has surpassed Asia to become the top consumer of American oil for the first time in six years.
From January to May this…
Stating that Iran is among world’s top 10 countries in science and technology terms, Deputy Foreign Minister for Economic Diplomacy said that exports to Central Asian, Caucasus,…
The United States and Saudi Arabia signed 18 partnership agreements in fields including energy, communications, space and healthcare during a visit by U.S. President Joe Biden, Saudi…
Saudi Arabia’s Crown Prince Mohammed bin Salman said on Saturday more investment was needed in fossil fuel and clean energy technologies to meet global demand, and that…
The government of Canada imposed another round of sanctions against Russia’s oil and gas sector and chemical industry, according to the Canadian foreign ministry.
The United States does not expect Saudi Arabia to immediately boost oil output and awaits the outcome of an OPEC+ meeting on Aug. 3, the U.S. national…
Oil was up 2.5% on Friday after a U.S. official told Reuters that an immediate Saudi oil output boost was not expected, and as investors question whether…
Tehran – 15 July (Roydad Naft): US President Joe Biden arrived at Ben Gurion Airport in Tel Aviv on Wednesday, July 13, at the beginning of his…
Iran is implementing plans to boost petrochemical production capacity during President Seyed Ebrahim Rayeesi’s tenure by 54 percent despite the US sanctions, a report said.
Pakistan on Thursday night announced a decrease in fuel prices to pass on a decline in global prices to inflation-hit consumers.
Pakistan is experiencing…