China's oil imports from Iran have hit record highs as Iran ramps up output despite the threat of further U.S. sanctions.
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The President of Iran met and talked with his Turkish counterpart on the sidelines of the 16th ECO Economic Cooperation Organization meeting.
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RoydadNaft – International oil companies operating in Iraq’s semi-autonomous region of Kurdistan will not produce oil for pipeline exports until the issue of overdue payments…
Oil prices edged up on Thursday as markets shrugged off deflationary indicators in China and looked for further clues on the status of demand from the world's two biggest oil consumers.
RoydadNaft – Head of Iran’s Civil Servants Pension Fund (CSPF) Mehdi Maskani has appointed Ali Ahmadi as the CEO of the National Iranian Tanker Company.
RoydadNaft – The Director of Exploration of National Iranian Oil Company said: The presence of oil shale in Qalikouh region of Aligudarz is a…
Yesterday, the president arrived in Tajikistan to conduct negotiations, a country that can bring potential for Iran in the field of energy, and according to the former representative of Iran in OPEC, every step in the field of energy diplomacy is in the interest of Iran.
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Oil prices slid more than $1 on Wednesday to their lowest in more than three months on concern over waning demand in the United States and China.
Canadian oil producer Crescent Point Energy said on Monday it has agreed to acquire Hammerhead Energy in a cash and stock deal valued at C$2.55 billion ($1.86 billion) to boost its presence in the Montney shale play in Alberta.
Oil prices hit fresh 2-1/2-month lows on Tuesday as mixed economic data from China offset the impact of Saudi Arabia and Russia extending output cuts.
Iranian oil exports have declined for the second consecutive month in October, with the country loading 1.43 million barrels per day of crude and condensate, Bloomberg reports, citing TankerTrackers.com data. The volume loaded for export in October was 194,000 bpd lower than September and reportedly the lowest export-loading volume since July.
RoydadNaft – The average landed price of Russian oil for Indian refineries in September eased from August, according to Indian government data, indicating widening discounts.
RoydadNaft – China’s oil refinery utilisation rates are easing from record third-quarter levels as thinning margins and a shortage of export quotas discourage plants from…
RoydadNaft – Canadian Prime Minister Justin Trudeau’s decision to grant a three-year carbon tax exemption for heating oil is meant to provide targeted relief to…
RoydadNaft – Venezuela’s state-owned PDVSA is in talks with local and foreign oilfield firms to hire equipment and services that would allow it to revive…
Oil prices edged up on Monday after top exporters Saudi Arabia and Russia reaffirmed their commitment to extra voluntary oil supply cuts until the end of the year.
The chief executive of the National Iranian Oil Company (NIOC) said main actors determine the future of the world’s energy, adding that in Iran, as one of the main players, opportunities have been provided for investing $250 billion in the oil industry within the next eight years.