Iranian minister of petroleum Mohsen Paknejad appointed Hassan Abbaszadeh as the acting head of the National Petrochemical Company (NPC).
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Abu Dhabi's ADNOC has struck a deal to buy German chemicals maker Covestro for 14.7 billion euros ($16.3 billion), including debt, in the energy giant's biggest ever acquisition.
The head of the National Iranian Gas Transmission Company (NIGTC) stated that 99% of Iran's gas transmission equipment and facilities are domestically-made, indicating near-self-sufficiency in the industry.
Iranian First Vice President Mohammadreza Aref emphasized the 14th government's policy of strengthening Tehran-Moscow cooperation and promoting collaboration in various fields.
Global Crude Oil Price Today October 1, 2024
Brent crude futures for December delivery edged up 13 cents, or 0.18%, to $71.83 a barrel as of 0615 GMT. U.S. West Texas Intermediate crude futures for November delivery gained 14 cents, or 0.21%, to $68.31.
Petroleum product exports from India have soared to the highest level in two and a half years as maintenance season in Europe is stoking demand for fuels from other sources.
The president of Iran Masoud Pezeshkian has hailed a long-term natural gas supply deal with Russia's Gazprom that will help the country turn into a regional gas hub, bne Intellinews reports, citing a statement during a visit by Russia's Prime Minister Mikhail Mishustin.
Iran and Armenia are discussing ways to enhance economic cooperation, including establishing a joint free trade zone in Armenia, according to the Tehran Chamber of Commerce, Industries, Mines and Agriculture.
Global oil prices today September 30, 2024
Brent crude futures gained $1.12, up 1.56% to $73.10 a barrel. U.S. West Texas Intermediate crude futures advanced 93 cents, or 1.36%, to $69.11 a barrel.
Mexico’s Pemex has shipped its first fuel export cargo from the newly constructed Olmeca refinery to India, after facing some delays and escalating costs.
Kuwait's national oil company has declared a state of emergency over an oil leak in one of its southwestern oil fields.
The value of Iran’s exports to the members of the Eurasian Economic Union increased by 16 percent in the first five months of the current Iranian calendar as compared to the same period last year, according to the head of the Islamic Republic of Iran Customs Administration.
The CEO of the National Iranian Gas Company (NIGC), Saeed Tavakoli, emphasized the importance of reducing accidents to zero in the gas industry and prioritizing human capital.
In a message, Iranian Minister of Petroleum Mohsen Paknejad expressed condolences over the martyrdom of Seyyed Hassan Nasrollah.
Iranian Energy Minister Abbas Ali-Abadi and South African Minister of Mineral Resources and Energy Samson Gwede Mantashe emphasized the expansion of energy cooperation between the two countries.
During a press conference held between the Energy Committee of Iran Chamber of Commerce, Industries, Mines and Agriculture and Iran Renewable Energy Association, the issues related to the renewable energy sector were discussed.
Statistics Canada says real gross domestic product grew 0.2 per cent in July, following essentially no change in June, helped by strength in the retail trade sector.
India will not purchase liquefied natural gas (LNG) from Russia's Arctic LNG 2 project, which has been sanctioned by Western countries, Indian Oil Secretary Pankaj Jain said on Sept. 27, Reuters reported.
During a conference titled Iran Investment Opportunities, which was held prior to Iran Invest Expo, it was stated that 30 countries have announced their readiness to invest in Iran.
Global Crude Oil Price Today September 27, 2024
Brent crude futures were up 8 cents, 0.1%, at $71.68 per barrel, as of 0840 GMT, while U.S. West Texas Intermediate crude futures were up 6 cents, also 0.1%, to $67.73.
