Italian Minister for Ecological Transition Roberto Cingolani said the European Union should introduce a cap on gas prices for exporters across the board as targeting Russia’s dwindling…
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Energy prices went up sharply after February 24 when first Russian troops entered Ukraine. By late March 2022, it hit above $ 120.40 per barrel for Brent…
Energy security has always been an especially sensitive issue in the economic policies of various governments of Pakistan. Although Pakistan’s economy mainly depends on agriculture which makes…
Germany’s difficulties in getting European partners to sign bilateral agreements on sharing gas in case of an emergency predate the current situation, the economy ministry said on…
Norway’s prime minister has again warned against a price cap on Norwegian gas sold to the European Union, arguing this would not solve Europe’s energy problems, newspaper…
Sanctions-battered Iran is projecting its energy resources as a possible alternative to Europe amid major cuts in Russian gas supplies to the continent in the wake of…
Iranian Ambassador Mohammad Ali Hosseini on Tuesday offered his government’s support to complete Iran-Pakistan (IP) Gas Pipeline project and hinted to extend cooperation in other fields of…
Turkish media have reported that Turkey is negotiating with the USA in order to purchase and import Liquefied Natural Gas (LNG).
According to the…
The European Union proposed a price cap on Russian gas on Wednesday after President Vladimir Putin threatened to cut off all energy supplies if it took such…
Referring to the energy crisis in Europe, the Iranian Foreign Ministry Spokesman said that if JCPOA negotiations are successful and unilateral sanctions against the country are lifted,…
France will send gas to Germany if needed while Germany stands ready to provide it with electricity, President Emmanuel Macron said on Monday, saying this showcased European…
European gas buyers already grappling with record-high prices face further pain when the markets open on Monday after Russia said one of its main supply pipelines to…
The CEO of the National Iranian Oil Company (NIOC) said an increase of 200,000 barrels per day in Iran’s oil production capacity is expected by the end…
Russia kept one of its main gas supply routes to Europe shut on Saturday, stoking fears of winter fuel shortages and spotlighting differences between Gazprom (GAZP.MM) and Germany’s Siemens…
Russia has scrapped a Saturday deadline to resume flows via a major gas supply route to Europe after saying it had discovered a fault in the Nord…
Deputy Minister of Oil and Mineral Resources Khaled al-Alelij and the Executive Director of the Syrian-Iranian People’s Friendship Association, Chairman of the Economic Committee, Hassan Shakesi discussed…
A member of the CNG Trade Union of Iran announced the export of 2.5 billion dollars of CNG technical and engineering services to Nigeria in the near…
Gas supplies via Nord Stream have been fully stopped for three days due to the start of repairs of the only gas compressor unit remaining in operation…
A liquefied petroleum gas (LPG) storage and loading facility and the complete export chain of the item were put into operation with foreign investment and a billion…
The CEO of the National Iranian Oil aCompany (NIOC) said a foreign direct investment (FDI) of 100 million dollars has been allocated for establishment of a liquefied…