Russian energy giant Gazprom delivered its first cargo of liquefied natural gas (LNG) via the Arctic Northern Sea Route to China on Thursday, according to LSEG data, a month after it started the delivery.
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Russia's push to create a "gas hub" in Turkey to replace lost sales to Europe is facing delays because of disagreements over who should be in charge of it, two sources familiar with the project told Reuters.
Oil rebounded on Thursday, with Brent crude topping $93 a barrel for the first time this year, as expectations of a tighter supply outlook for the rest of 2023 overshadowed concerns over weaker economic growth and rising U.S. inventories.
The latest figures by the Organization of Petroleum Exporting Countries (OPEC) indicate that Iranian oil prices increased by an average of $6.1 per barrel in August.
Iran’s oil minister said his ministry has inked good agreements with neighboring Iraq in the field of exporting gas, collecting associated (flare) gas and also exporting technical-engineering services in the oil sector.
Kuwait Oil Company's first offshore exploratory and drilling operations for oil and gas are expected to end in 2026, the state-owned firm's chief geologist said.
RoydadNaft – Oil output cuts which Saudi Arabia and Russia have extended to the end of 2023 will mean a substantial market deficit through the fourth…
RoydadNaft – Oil prices extended 10-month highs on Wednesday, driven by expectations that crude supply will remain tight for the rest of the year.
RoydadNaft – Iran’s Oil Minister Javad Owji on Wednesday said associated petroleum gas (APG) of 21 flares of East Karoun fields in southwestern province of Khuzestan…
Roydad Naft – The Trans Mountain oil pipeline expansion could be delayed by up to nine months if regulators do not approve a route deviation request, the…
Roydad Naft – India’s road transport minister on Tuesday said he will propose an additional 10% tax on diesel vehicles and warned automakers of even higher levies…
Roydad Naft – India’s industrial output rose 5.7% year-on-year in July, data from the Ministry of Statistics showed on Tuesday.
Analysts in a Reuters poll…
Roydad Naft – Oil prices rose about 1% on Tuesday, boosted by a tighter supply outlook, and as producer group OPEC said major economies were faring better…
Roydad Naft – OPEC on Tuesday stuck to its forecasts for robust growth in global oil demand in 2023 and 2024 citing signs that major economies are…
Roydad Naft – Iran’s 13th administration has paid special attention to the development of supplementary industries and the completion of petrochemical value chain, said the deputy oil…
Roydad Naft – The director of the 17th International Exhibition of Plastics, Rubber, Machinery and Equipment, commonly known as IranPlast International Exhibition, on Tuesday said the event…
Roydad Naft – Russian crude accounted for a bigger slice of the Czech Republic’s oil imports in the first half, state oil pipeline operator MERO said on…
Roydad Naft – Saudi Aramco has notified at least five North Asian buyers that it will supply full contractual volumes of crude oil in October, sources with knowledge…
Roydad Naft – Oil prices edged lower on Monday after fresh Saudi and Russian crude output cuts had driven prices to 10-month highs last week.
Roydad Naft – Iran’s exports of oil to China hit an all-time record in August despite continued US pressure on the country, according to a report published…