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OPEC Secretary General Congratulates Paknejad

2 years ago

11 September 2024

8:27 AM

In a letter, the Secretary General of OPEC congratulated Mohsen Paknejad for his appointment as the Minister of Petroleum of the Islamic Republic of Iran, wishing his rich experience to enrich OPEC's discussions in its efforts to sustain stability in the oil markets.

The last price of crude oil on September 10, 2024

Brent oil was 71 dollars and 5 cents

2 years ago

10 September 2024

10:42 AM

Oil prices gave up the previous day's gains on Tuesday as weak Chinese demand offset U.S. supply disruptions from Tropical Storm Francine and global oil oversupply risks that continue to weigh on the market.

Human Resources, the Main Asset of Oil Industry

2 years ago

10 September 2024

3:32 AM

Iranian Minister of Petroleum Mohsen Paknejad says that what keeps the oil industry stable is not oil and gas reserves, but its expert human resources.

Global crude oil prices today, September 9, 2024

Brent oil settled at $ 71, 73 cents

2 years ago

9 September 2024

10:23 AM

Brent crude rose 67 cents, or 0.94%, to $71.73 a barrel by 0901 GMT while West Texas Intermediate crude futures were up 68 cents, or 1%, at $68.35.

Oil India joins Oil and Gas Decarbonization Charter, says on track to achieve Net Zero target by 2040

2 years ago

9 September 2024

3:09 AM

State-owned enterprise Oil India Limited (OIL), a Maharatna CPSE, has declared its support for sustainable energy practices by signing up for the Oil and Gas Decarbonisation Charter (OGDC).

Massive oil discovery in Pakistan spurs hope of economic revival: Report

2 years ago

8 September 2024

11:15 AM

Pakistan has found large deposits of natural gas and oil in its territorial waters after a three year survey, reported Times of India.

NIOC head stresses need to boost South Azadegan field’s output

2 years ago

8 September 2024

3:21 AM

The head of the National Iranian Oil Company (NIOC) has emphasized the need to expedite the development of the South Azadegan oil field to boost output by late March 2025.

Iran Holds World’s 3rd Largest Oil Reserves

2 years ago

8 September 2024

3:14 AM

Iran ranked as the world’s third-largest holder of proven oil reserves after Venezuela and Saudi Arabia.

The global price of crude oil today, September 6, 2024

Brent crude oil was 72 dollars and 69 cents

2 years ago

6 September 2024

8:30 AM

Brent futures were down 1 cent to settle at $72.69 a barrel, while U.S. West Texas Intermediate (WTI) crude fell 5 cents, or 0.1%, to settle at $69.15.

Russia ensuring India’s energy and food security envoy

2 years ago

6 September 2024

8:26 AM

India's envoy to Moscow, Vinay Kumar, announced that Russia remains India's largest partner in the energy sector, with plans to expand cooperation in the coming years.

OPEC+ Extends Voluntary Cuts

2 years ago

6 September 2024

8:21 AM

OPEC Plus alliance members extend voluntary supply reduction of 2,200,000 barrels per day until November 2024, starting gradual supply increase plan from December 1st.

The global price of crude oil today, September 5, 2024

Brent crude oil reached 73 dollars and 12 cents

2 years ago

5 September 2024

8:46 AM

Brent crude rose 42 cents, or 0.6%, to $73.12 a barrel by 0810 GMT. U.S. West Texas Intermediate crude for October was up 37 cents, or 0.5%, at $69.57.

Iran’s oil, mazut exports at $19.5bn in 5-month period: IRICA

2 years ago

5 September 2024

8:08 AM

The Islamic Republic of Iran Customs Administration's chief says oil and mazut exports from the country generated some $19.5 billion in revenues in the first five months of the Iranian year.

OPEC chief hails progress in Iran’s oil sector amid sanctions

2 years ago

5 September 2024

8:05 AM

OPEC Secretary General Haitham Al Ghais has acknowledged that Iran made significant progress in its oil industry in recent years despite crippling sanctions imposed on the country by the United States.

The global price of crude oil today, September 4, 2024

Brent crude oil was 73 dollars and 32 cents

2 years ago

4 September 2024

9:44 AM

Brent crude futures fell 0.6% to $73.32 in November, while U.S. West Texas Intermediate crude futures fell 0.7% to $69.85 in October.

Top Indian Oil Firm Looks to Build $8.3-Billion Refinery as Fuel Demand Soars

2 years ago

4 September 2024

9:33 AM

ONGC, India's largest oil and gas explorer, is considering an $8.3-billion refinery and petrochemicals project in the Indian state of Bihar to meet rising fuel demand.

OPEC Plays an irreplaceable role in the energy transition

2 years ago

4 September 2024

9:22 AM

On the eve of the 64th anniversary of the founding of OPEC, the Secretary General of OPEC Haitham al-Ghais announced that the organization “has an instrumental role to play for decades to come on the path towards an inclusive energy transition for our global energy future.”

The global price of crude oil today, September 3, 2024

Brent crude oil was 77 dollars and 35 cents

2 years ago

3 September 2024

6:40 AM

Brent crude futures were down 17 cents, or 0.2%, to $77.35 a barrel by 0620 GMT. West Texas Intermediate crude futures, were up 50 cents, or 0.7%, at $74.05 a barrel.

TotalEnergies deepens ties with India’s Adani Green with $444 mln JV

2 years ago

3 September 2024

3:12 AM

French oil company TotalEnergies has approved a $444 million investment deal with Indian Adani Green Energy, advancing plans for a joint venture.

Value of Iran’s oil export hits $19.5b in 5 months

2 years ago

3 September 2024

3:02 AM

announced by Mohammad Rezvanifar, the head of the Islamic Republic of Iran Customs Administration, Iran has exported $19.5 billion of crude oil and fuel oil in the first five months of the current Iranian calendar year.

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Latest News of Oil, Gas and Petrochemical industry

OIL Feed Atom

OPEC Secretary General Congratulates Paknejad

The last price of crude oil on September 10, 2024

Brent oil was 71 dollars and 5 cents

Human Resources, the Main Asset of Oil Industry

Global crude oil prices today, September 9, 2024

Brent oil settled at $ 71, 73 cents

Oil India joins Oil and Gas Decarbonization Charter, says on track to achieve Net Zero target by 2040

Massive oil discovery in Pakistan spurs hope of economic revival: Report

NIOC head stresses need to boost South Azadegan field’s output

Iran Holds World’s 3rd Largest Oil Reserves

The global price of crude oil today, September 6, 2024

Brent crude oil was 72 dollars and 69 cents

Russia ensuring India’s energy and food security envoy

OPEC+ Extends Voluntary Cuts

The global price of crude oil today, September 5, 2024

Brent crude oil reached 73 dollars and 12 cents

Iran’s oil, mazut exports at $19.5bn in 5-month period: IRICA

OPEC chief hails progress in Iran’s oil sector amid sanctions

The global price of crude oil today, September 4, 2024

Brent crude oil was 73 dollars and 32 cents

Top Indian Oil Firm Looks to Build $8.3-Billion Refinery as Fuel Demand Soars

OPEC Plays an irreplaceable role in the energy transition

The global price of crude oil today, September 3, 2024

Brent crude oil was 77 dollars and 35 cents

TotalEnergies deepens ties with India’s Adani Green with $444 mln JV

Value of Iran’s oil export hits $19.5b in 5 months