Roydad Naft News Agency – Current actions by OPEC+ to support the oil market are sufficient for now, UAE Energy Minister Suhail al-Mazrouei said, and the group…
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Roydad Naft News Agency – The Annual Statistical Bulletin (ASB) of the Organization of the Petroleum Exporting Countries (OPEC) shows a 67% increase in Iran’s oil revenues…
Saudi Arabia’s investments in the oil sector are expected to accelerate further as top Saudi and Iraqi official met in Baghdad.
Aramco officials accompanied the Saudi…
Kenya is seeking to entice Uganda, Rwanda and Burundi to consider Mombasa over Dar for oil.
Kenya is upping the ante against Tanzania in…
Roydad Naft News Agency – The operations and management of Gazprom Group’s Bovanenkovskoye oil, gas and condensate field located in the Yamal Peninsula to serve Russia and…
Roydad Naft News Agency – The International Energy Agency (IEA) will revise its global oil demand growth projections based on the economic growth prospects of China and…
Roydad Naft News Agency – Oil prices rose on Friday, buoyed by evidence of tightening supplies and economic stimulus in slow-recovering China.
Brent futures…
Roydad Naft News Agency – Increased supplies of liquefied natural gas (LNG) from Russia’s Novatek mean the company is close to overtaking Kremlin-controlled Gazprom as the country’s leading…
Roydad Naft News Agency – The National Petrochemical Company (NPC) managing director called the recent inauguration of Gachsaran petrochemical project a “valuable” symbol of Iranian manufacturers’ capabilities.
Roydad Naft News Agency – Despite an apparent weakness in its economy, China is importing record volumes of oil and is buying record amounts of Russian crude…
Roydad Naft News Agency – Oil prices crept higher on Thursday as a lower-than-expected drop in U.S. crude inventories and a weaker demand outlook kept investors cautious.
Roydad Naft News Agency – Governor-General of Mazandaran Province Mahmoud Hosseinipour has said that the northern Iranian province is ready to use its ports to help swap…
Iran’s oil and interior ministries have signed a memorandum of understanding (MOU) to cooperate on implementing refuse-derived fuel (RDF) projects.
As reported, the MOU…
Roydad Naft News Agency – The United States on Tuesday moved to let Iraq pay Iran for electricity via non-Iraqi banks, a U.S. official said, a step…
Roydad Naft News Agency – Abu Dhabi’s ADNOC Gas on Tuesday announced a 14-year $7 billion-$9 billion deal with Indian Oil Corp to supply 1.2 million metric tonnes of…
Roydad Naft News Agency – Global oil benchmark Brent hovered above $80 on Wednesday, buoyed by China’s pledge to reinvigorate economic growth and expectations the U.S. Federal…
Roydad Naft News Agency – Iran’s president on Tuesday said the Oil Ministry has been obligated to spend part of revenues earned from oil fields of Kohgilouyeh…
Roydad Naft News Agency – A member of Iran’s Parliament on Tuesday said promotion of energy diplomacy by the 13th (Raeisi) administration has strengthened the country’s position…
Canada is poised to become one of the world’s largest exporters of liquefied natural gas, on paper at least.
The International Gas Union’s annual LNG…
Roydad Naft News Agency – Oil prices edged higher on Tuesday as investors weighed a possible tightening of U.S. crude supplies against weaker-than-expected Chinese economic growth.