Increase in oil exports, release of frozen assets, expansion of foreign relations, and enhancement of presence in international assemblies are all indicative of effectiveness of the Iranian government’s foreign policy, said the Foreign Ministry spokesman on Monday.
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Iran’s Oil Minister Javad Owji on Sunday said his country “will export crude oil and gas condensates wherever it wants”.
The fossil fuel industry is increasingly under the microscope for its contribution to climate change, but the president of British oil giant Shell's Canadian subsidiary says oil and gas companies can't be held solely responsible for the pace of the global energy transition.
The state of California has sued major oil companies including Exxon Mobil Corp, Shell PLC, and Chevron Corp, accusing them of playing down the risks posed by fossil fuels, the New York Times reported on Friday.
The City of Calgary is excited to welcome the 24th World Petroleum Congress to Calgary Sept. 17 – 21, 2023. The event will be an important bridge between the traditional energy sector and a more carbon-neutral industry over the next twenty-five years.
Oil was on track for a third weekly gain as supply tightness spearheaded by Saudi Arabian production cuts combines with optimism that the Chinese economy is finally turning a corner.
The Organization of the Petroleum Exporting Countries (OPEC) today turned 63.
The Monthly Oil Market Report (MOMR) of the Organization of the Petroleum Exporting Countries (OPEC) showed that Iran has regained its position as the third-largest crude oil producer in August.
Appetite for Iranian crude is growing in China, the world's biggest oil importer, after the extension of supply cuts by Saudi Arabia and Russia boosted global prices , while Tehran is stepping up output and exports despite U.S. sanctions.
Oil rebounded on Thursday, with Brent crude topping $93 a barrel for the first time this year, as expectations of a tighter supply outlook for the rest of 2023 overshadowed concerns over weaker economic growth and rising U.S. inventories.
The latest figures by the Organization of Petroleum Exporting Countries (OPEC) indicate that Iranian oil prices increased by an average of $6.1 per barrel in August.
Kuwait Oil Company's first offshore exploratory and drilling operations for oil and gas are expected to end in 2026, the state-owned firm's chief geologist said.
RoydadNaft – Oil output cuts which Saudi Arabia and Russia have extended to the end of 2023 will mean a substantial market deficit through the fourth…
RoydadNaft – Oil prices extended 10-month highs on Wednesday, driven by expectations that crude supply will remain tight for the rest of the year.
RoydadNaft – Iran’s Oil Minister Javad Owji on Wednesday said associated petroleum gas (APG) of 21 flares of East Karoun fields in southwestern province of Khuzestan…
Roydad Naft – The Trans Mountain oil pipeline expansion could be delayed by up to nine months if regulators do not approve a route deviation request, the…
Roydad Naft – Oil prices rose about 1% on Tuesday, boosted by a tighter supply outlook, and as producer group OPEC said major economies were faring better…
Roydad Naft – OPEC on Tuesday stuck to its forecasts for robust growth in global oil demand in 2023 and 2024 citing signs that major economies are…
Roydad Naft – Iran’s 13th administration has paid special attention to the development of supplementary industries and the completion of petrochemical value chain, said the deputy oil…
Roydad Naft – Russian crude accounted for a bigger slice of the Czech Republic’s oil imports in the first half, state oil pipeline operator MERO said on…
