As high energy prices weigh on large sectors of the economy, they are producing a record amount of free cash flow for oil and gas companies .
Meanwhile, investors…
OIL Feed Atom
Nearly three-quarters, or 73%, of oil and gas projects are near environmentally sensitive sites, a biodiversity data risk tool has found.
The RepRisk Geospatial…
Renowned for his extensive experience in the energy and oil sectors both in Kuwait and internationally, the newly appointed Secretary General for the Organization of the Petroleum…
Bank Melli Iran (BMI) supported the largest renewable energies photovoltaic (PV) project in the country.
For the first time at the national level, the…
Javad Owji, Iran’s Minister of Petroleum, who visited Tokyo from Saturday to Wednesday, September 24-28, heading a delegation to attend several meetings and consult with Japanese majors,…
Azar is one of Iran’s oil fields developed by an Iranian consortium with €1.4 billion in investment. One of the most complex oil fields in Iran, Azar…
Figures do indicate that Iran ranks first in the world in terms of the aggregate oil and gas reserves. Taking advantage of this huge wealth or preserving…
Completing the value chain and preventing crude oil sales is among the major concerns of the National Iranian Oil Refining and Distribution Company (NIORDC) in reviewing and…
Iranian Minister of Petroleum Javad Owji said: “Seven contracts worth 500 million dollars will be signed with 54 knowledge-based companies to boost production from oil wells by…
Statistics showed that $2.7 billion worth of foreign investment made in the Iranian oil and gas sector in first half of the current Iranian year of 1401…
We’re in an energy crisis, and winter is coming. Here’s what you need to know.
It can be hard to understand what the hell…
US sanctions on Iran and Venezuela’s oil and gas need to be lifted if the world wants oil prices to decrease, says, the Turkish foreign minister.
Saudi Arabian Aramco, according to sources with knowledge of the situation, decided to move forward with preparations for an Initial Public Offering (IPO) of its energy trading…
African energy ministers have dismissed the misgivings that the OPEC-mandated cut in oil production was a politically motivated move that they were forced to comply with, arguing…
State-owned offshore oil and gas producer China National Offshore Oil Corp said Thursday that the company has discovered the first deep-water deep-stratum large gas field in the…
Over the past couple of years, Wall Street banks, E&P companies and investors have faced mounting pressure to disinvest in fossil fuels. Last year, BlackRock Inc. (NYSE: BLK), the world’s…
Iran has reported a major surge in the value of its petroleum products exports in the first half of the calendar year 1401 which began in late…
Oil prices rose on Wednesday as caution over tightening supply countered the negative impact of uncertain Chinese demand growth and news that the US will release more…
After the OPEC+ decision to cut oil production, US President Biden is set to announce Wednesday that the US plans to draw 15 million barrels of oil…
OPEC+ member states lined up to endorse the steep production cut agreed this month after the White House, stepping up a war of words with Saudi Arabia,…