More than 200 agreements and memorandums of understanding (MoUs) have been signed between Iranian and international companies during Iran Oil Show 2023, Iran’s oil minister said here…
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Iran’s oil minister on Saturday announced that manufacturers on the Approved Vendor List (AVL) have for the first time in the country’s oil industry outnumbered suppliers.
Oil prices rebounded on Friday from losses of more than 1% the previous day as investors turned cautiously optimistic over the fading risk of a U.S. debt…
Middle East crude prices in Asia fell to their lowest level in months, despite OPEC+ production cuts, traders said, as Asian refiners held back spot purchases and…
Iran International Oil, Gas, Refining and Petrochemical Exhibition, having the motto “Oil Industry; Technological Production, Optimal Consumption”, is a symbol of neutralizing sanctions, the Iranian lawmaker said…
A senior U.S. Republican senator confirmed the rise in Iran’s oil revenues in recent months, confessing to the ineffectiveness of the sanctions that have been unilaterally imposed…
Oil prices were steady on Wednesday after a surprise rise in U.S. crude inventories stoked demand concerns as economic worries competed with a tighter supply outlook for…
India’s oil imports from Russia rose to a fresh record high in April, further reducing the share of Middle Eastern and African grades to their lowest level…
Iran’s first vice president paid a visit to the 27th Iran International Oil, Gas, Refining and Petrochemical Exhibition, aka Iran Oil Show 2023, on Wednesday.
Iran’s oil minister said the participation of 200 foreign companies in the 27th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show…
The 27th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2023, kicked off in a ceremony in the Iranian capital Tehran…
Iran’s Institute of International Energy Studies (IIES) and the Roscongress Foundation will hold three expert meetings on Wednesday to take the first step of conducting joint research…
Tehran and Moscow discussed their cooperation in the energy sector in the presence of Iran’s Oil Minister Javad Owji and Russia’s Deputy Prime Minister Alexander Novak here…
Iran’s deputy oil minister for international affairs and trade on Tuesday called for boosting cooperation between Iranian and Russian small and medium-sized enterprises (SMEs).
Iran and Russia are considering a proposal to set up an energy consortium comprising the two countries’ companies to improve production from their oil and gas resources,…
Rural electric cooperatives, utilities, and other energy providers will soon be able to apply for nearly $11 billion in grants and loans for clean energy projects, funded…
Many analysts continue to see a tighter oil market in the second half of 2023.
Crude oil prices have been on a losing streak…
China’s slower-than-expected economic recovery has weighed on oil markets recently, especially following the report of a decline in manufacturing activity.
Refinery throughput in China…
Iran’s Research Institute of Petroleum Industry (RIPI) head on Tuesday said there is a practical possibility for cooperating regularly and effectively with Russian companies in research projects.
ONEOK Inc agreed on Sunday to buy U.S. pipeline operator Magellan Midstream Partners in a cash-and-stock deal valued at about $18.8 billion including debt, bringing natural gas-focused ONEOK into…