The 33rd meeting of the Organization of the Petroleum Exporting Countries (OPEC) and its allies (OPEC+) started a few minutes ago at the headquarters of the OPEC…
OIL Feed Atom
OPEC+ is jolting oil markets this week with plans to cut output — and the ripples could reach all the way to the U.S. midterm elections.
Energy consumption will increase by about 50% by 2050, according to the US Energy Information Administration, while renewable energy production will increase by nearly 150%.
Iranian Oil Minister Javad Oji said that the country’s crude oil exports to the target markets are being carried out without any problems.
“Fortunately,…
Favourable geology, open data access, supporting policy regime and ease of doing business were the major drivers to attract potential US players to invest in India’s energy…
Iranian Minister of Petroleum Javad Owji voiced Iran’s preparedness to cooperate with Japanese companies in the field on energy, and said: “Iran can play an important role…
The 33rd meeting of the Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, will be held in Vienna on Wednesday, October 5.
Oil prices edged lower on Friday but were on track for their first weekly gain in five on Friday, underpinned by the possibility that OPEC+ will agree…
The `wasteful burning of excess gas released during oil production, which is known as the flaring of natural gas, is not being reported.
A news…
The United Arab Emirates will continue to supply the world with energy for as long as it needs it, its Minister for Climate Change and Environment Mariam…
The United States is planning to announce new sanctions on Iran’s oil sales as early as today, according to a tweet by Bloomberg TV’s Annmarie Hordern.
Taliban has signed a provisional deal with Russia that will see Moscow supplying gasoline, diesel, gas and wheat to Afghanistan, Acting Afghan Commerce and Industry Minister Haji…
Iranian Minister of Petroleum Javad Owji voiced Iran’s preparedness to cooperate with Japanese companies in the field on energy, and said: “Iran can play an important role…
Oil prices rose on expectations that OPEC+ will discuss output cuts at a meeting on Sept. 5, though concern over China’s COVID-19 curbs and weakness in the…
As two powerhouses in the region and the world, Iran and Russia have been interacting on various levels for long, however, the two countries’ relations have taken…
British multinational oil and gas company BP, in its latest Statistical Review of World Energy report (the 71st edition), has put Iran as the fourth biggest consumer…
External Affairs Minister S Jaishankar has rued that attempts are being made to put Russian oil out of the global market after Iranian and Venezuelan oil but…
Iranian Oil Minister Javad Oji has said the country is going to enhance energy ties with friendly nations such as Russia and China amid the U.S. sanctions,…
Energy Capital & Power (https://EnergyCapitalPower.com) is proud to announce that Angola’s National Oil Company (NOC), Sonangol (www.Sonangol.co.ao), has been confirmed to participate at the Angola…
Iran and Uzbekistan made an initial agreement for the increase in oil products and petrochemicals trade between the two countries.
The agreement was made…