The price of Azeri LT CIF Augusta decreased by 66 cents amounting to $84.79 per barrel on March 10, 2023, Azernews reports.
The price…
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President Joe Biden’s administration has not yet made a final decision on whether to approve ConocoPhillips’ (COP.N) massive Willow oil project in northwest Alaska, the White House said on…
Iran’s oil minister on Saturday talked of good agreements with giant Chinese companies, record annual production of sour gas, and launch of Phase 11 of South Pars…
The exploration director of the National Iranian Oil Company (NIOC) said seismographic operations reached an “unprecedented” level in over a one-year period when compared with those in…
The United Nations has purchased a large tanker to store about 1.1 million barrels of oil that will be transferred from a decaying vessel off Yemen’s coast…
Oil prices edged higher on Friday buoyed by better-than-expected U.S. employment data though both benchmarks remained on course to fall more than 4% on the week amid…
A high-ranking trade delegation from West Africa paid a visit to Iran’s Oil and Gas Industry Innovation and Technology Park.
The delegation visited…
Oil steadied on Thursday after a two-day decline as strike-disrupted fuel supply in France, a drop in U.S. crude inventories and a weaker dollar offset fears over…
The Iranian oil minister has given more details about a recent agreements with Oman on the development of energy ties with the southern neighbor.
Iran will soon astonish the world by displaying its exploration expertise, vowed a National Iranian Oil Company (NIOC) official here on Tuesday.
Talking to…
The Canadian oil and gas industry could see investments topping pre-pandemic levels at some C$40 billion, or $29.36 billion, the Canadian Association of Petroleum Producers said.
Barclays cut its 2023 oil price forecasts on Wednesday, due in part to more resilient output from Russia than expected, and said the market could flip into…
The director of exploration of National Iranian Oil Company (NIOC) stated that currently Iran has oil and gas exploration relations with four neighboring countries and said transferring…
Environmental groups sued the Biden administration on Monday to block the sale of oil and gas drilling rights in the Gulf of Mexico.
The…
The Kremlin said on Tuesday that it did not recognise the price cap introduced by Western countries on its oil exports, after the United States said that…
U.S. oil production will grow by about 500,000 barrels per day this year, with 80% or 90% of that coming from the Permian basin, Frederick Forthuber, president…
Oil prices could rise as high as $107 a barrel by the end of the year from about $84 at present, depending on how OPEC responds to…
A Cabinet minister and top oil executive from the United Arab Emirates (UAE) on Monday (March 6) urged the energy industry to join the fight against climate…
Oil prices fell on Monday after China set a lower-than-expected target for economic growth this year at around 5%, and as investors cautiously awaited U.S. Federal Reserve…
President Joe Biden has pledged that fighting climate change will deliver millions of middle-class jobs with good wages to Americans with union membership cards.