The oil ministries of the Islamic Republic of Iran and Iraq announced their agreement to establish a joint oil working group.
Following several…
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OPEC+ is likely to stick to its current oil output target when it meets on Sunday, two OPEC+ sources said on Friday, although some say a further…
Iranian Oil Minister Javad Oji discussed the latest developments in the oil market in a phone conversation with his Venezuelan counterpart Tareck El Aissami, Shana reported on…
The European Union has asked its 27 member states to back a $60 per barrel price cap on Russian oil, the Wall Street Journal reported on Thursday,…
OPEC+ is widely expected to stick to its latest target of reducing oil production by 2 million barrels per day (bpd) when it meets on Sunday, but…
Iranian President Ebrahim Raisi has said his country is seeking expansion of energy ties with neighbor Iraq, Shana reported.
Raisi made the remarks in…
The Iranian Ministry of Petroleum has released a list of the companies applying for activities in the field of exploration and production (E&P).
According…
The Iranian Ministry of Petroleum (MOP) has launched its office in Baghdad, Iraq.
Seyyed Abbas Beheshti, the representative of the Ministry of Petroleum…
The Deputy Director of the Atomic Energy Organization of Iran (AEOI) said: “This technical know-how of lightening heavy crude oil with atomic radiation will be unveiled at…
The deputy CEO of Khatam Oil, Gas and Petrochemical Holding affiliated with Khatam al-Anbia Construction Headquarters has announced that a Russian company has agreed to develop the…
The existence of huge oil and gas resources and related infrastructure and easy access to high seas are among the myriad advantages of Iran that have boosted…
The global oil market is signaling a potential shift, as traders and analysts worry about reduced crude demand and an oversupplied market in the coming months.
Oil prices fell close to their lowest this year on Monday as street protests against strict COVID-19 curbs in China, the world’s biggest crude importer, stoked concern…
Sohrevardi Safahan Petrorefining Company has started working in Isfahan with $6 million of anticipated daily income and the approach of advancing the goals of Isfahan Petrorefinery Holding.
The OPEC+ meeting in December will take into account the condition and balance of the market, Iraq’s state news agency quoted Saadoun Mohsen, a senior official at…
Head of National Iranian Oil Company (NIOC) Mohsen Khojasteh-Mehr appointed Mohammad Hossein Motejali as the new managing director of Pars Oil and Gas Company (POGC), the company’s…
The two sides reviewed developments in global oil markets, according to a joint statement issued after the Iraqi official’s visit to RiyadhSaudi Arabia and Iraq have agreed…
The 27th meeting of the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) Energy and Environment Committee was held in Tehran on Saturday, during which the…
Iranian Minister of Petroleum Javad Owji had a telephone conversation with the Deputy Prime Minister of Russia Alexander Novak and Pakistan’s Minister of Petroleum Musadik Masood Malik.
Oil prices fell on Thursday, hovering around two-month lows as the level of a proposed G7 cap on the price of Russian oil raised doubts about how…