Oil prices tumbled about 6% to a four-week low on Friday on worries that interest rate hikes by major central banks could slow the global economy and…
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Oman’s Sultan Haitham bin Tariq meets with U.S. Secretary of State Mike Pompeo (not pictured) at al-Alam palace in Muscat, Oman February 21, 2020. Andrew Caballero-Reynolds
In May, the US State Department allowed Italian companies Eni and Spain’s Repsol to start importing Venezuelan crude in exchange for billions of dollars in debt. So…
GRTgaz, a French gas transmission company, reported today that Russian gas flow from Germany to France has been stopped.
The company explained that it…
The announcement was made by the Iraqi Ministry of Electricity on Wednesday, which said the payment process had begun on the same day.
Iraq…
The United States is selling 45 million barrels as part of a concerted plan to release crude oil reserves.
As part of a plan…
The UN Secretary-General has warned that the world’s advanced economies, in response to the Moscow-Kiev tensions, are on a dangerous path to increasing production and investment in…
Sanctions against Moscow, which have delayed the reopening of the Stream-1 rolling pipeline, have reduced gas transmission capacity to Europe.
According to Reuters, Gazprom…
Libya’s crude oil production reached 100,000 barrels per day following the closure of the country’s production and export facilities.
According to Reuters from Tripoli,…
Brent crude rose to more than $ 121 a barrel amid concerns over fuel demand and decisions to raise interest rates in the United States.
MohammadSadegh Razmi reported- Emphasizing that a visit to Turkmenistan a few months ago was able to intensify some cooperation between the two countries, the President said: “Good…
EUROPEAN gas prices surged on Tuesday after a key natural gas export terminal in Texas said a full restart was months away following a fire this month…
UK supermajor BP is taking over operatorship of the US$36 billion Asian Renewable Energy Hub (AREH) in the Pilbara Western Australia, which the company is hailing as…
The latest OPEC monthly report showed that Iran’s heavy oil prices rose 8.7 percent last month.
The price of a barrel of Iranian heavy…
Emphasizing that we are ready to enhance comprehensive cooperation with Pakistan, the President of the Islamic Republic of Iran said: “Iran has the necessary capacities to meet…
Workers in the oil and gas industry continue to be one of the groups at the highest risk of injuries and fatalities on the job compared to…
Iran’s Ports and Maritime Organisation (PMO) said on Tuesday the Iranian-flagged Lana tanker ship seized in April by Greece is no longer impounded and its oil cargo…
Vienna, Austria, 14 June 2022–The price of OPEC basket of thirteen crudes stood at $120.66 a barrel on Monday, compared with $123.19 the previous Friday, according to…
The Iranian Minister of Oil said: “In a meeting with the Deputy Chairman of the Cabinet for Oil and Gas Affairs of Turkmenistan, the other side asked…
Iranian Oil Minister Javad Oji met with Venezuelan President Nicolas Maduro at Saadabad Palace on Monday, June 14, to discuss bilateral relations.
MohammadSadegh Razmi-…