Roydad Naft News Agency – China’s Unipec, the trading arm of top Asian refiner Sinopec, has emerged as a major seller of August-loading Oman crude this month,…
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Roydad Naft News Agency – Saudi Arabia’s unilateral crude production cut of 1 million barrels per day for the month of July announced at the end of…
Roydad Naft News Agency – Oil prices fell on Monday ahead of a U.S. Federal Reserve meeting as investors tried to gauge its appetite for further rate…
Roydad Naft News Agency – Canadian biofuels producers are threatening to build their next projects in the United States to cash in on rich subsidies for clean…
Roydad Naft News Agency – Iran’s Oil Minister Javad Owji on Monday began a tour of Latin America.
Accompanying President Seyyed Ebrahim Raeisi, the…
Roydad Naft News Agency – A member of Iran’s Parliament on Sunday praised the Oil Ministry’s economic and energy diplomacy.
Seyyed Mousa Mousavi, a…
Roydad Naft News Agency – Indian Oil Corporation (IOC), the nation’s largest oil firm, has walked away with half of the natural gas that Reliance Industries Ltd…
Roydad Naft News Agency – Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman said on Sunday that the latest OPEC+ agreement involved comprehensive reform, but that the…
Roydad Naft News Agency – With oil tankers docking from Mexico and Russia in recent days, Cuba could see its severe fuel shortage ease for the near…
Roydad Naft News Agency – The U.S. Department of Energy said on Friday it awarded supply contracts to five companies to deliver 3.1 million barrels of crude…
Iran’s oil minister on Saturday said 64 semifinished and new projects worth $14.5 billion will become operational and the executive operations of 15 projects valued at $14.3…
Roydad Naft News Agency – Oil prices were broadly stable on Friday and were set for a second week of declines as concern over oil demand growth…
Europe’s climate and energy policies are very prescriptive and geared toward picking energy transition winners and losers instead of letting the market decide which solutions reduce emissions…
The consideration of the strategic review includes a new ownership structure, a full or partial sale, or a change in assets portfolio.
Canadian…
Roydad Naft News Agency – India’s fuel consumption, a proxy for oil demand, climbed by 8% month on month in May to about 20.03 million tonnes, data…
Roydad Naft News Agency – Oil prices rose on Thursday as tighter supply resulting from Saudi Arabia’s pledged production cut and a potential pause to U.S. interest…
Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman discussed in a telephone conversation ensuring stability in the energy market and praised the cooperation within…
U.S. crude oil production could gain 720,000 barrels daily this year, up from a previously forecast growth rate of 640,000 bpd, according to the latest edition of…
Roydad Naft News Agency – Canada’s TC Energy is cutting some jobs to “optimize value” a company spokesperson said on Tuesday, without giving details of how many positions…
Roydad Naft News Agency – Russia’s piped supply of Urals crude to the European Union (EU) via the southern Druzhba pipeline in June is set to increase…