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…
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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,…
The CEO of South Zagros Oil and Gas Production Company announced the cumulative production of 20.950 billion cubic meters of gas with an average daily production of…
The Iranian oil minister Jawad Owji said Sunday that the first refinery built by Iran in an overseas country is El Palito refinery in Venezuela.
The Polish operator of an oil pipeline running to Germany said Saturday that it has fixed the damage that caused a leak earlier this week and that…
Oil prices plummeted on Friday as global recession fears and weak oil demand, especially in China, outweighed support from a large cut to the OPEC+ supply target.
An official report released by the Iranian government on Thursday suggests that Iran’s oil revenues in the five months to August 22 have grown eight-fold compared to…
Oil depot and refinery strikes have reduced France’s petrol output by more than 60% and left one in three petrol stations struggling for fuel. They have spread…
Saudi Foreign Minister Prince Faisal bin Farhan has said that the OPEC+ decision to cut production is purely economic and was taken unanimously by the member states.
Iran and the four countries bordering the Caspian Sea, as the largest holders of gas resources in the world, gathered last week at the second Caspian Economic…
US president is re-evaluating the US relations with Saudi Arabia after OPEC+ announced last week that it would cut oil production, White House national security spokesman…