Roydad Naft News Agency – The decision by Saudi Arabia and Russia to extend their voluntary output cuts is more likely to be viewed as a bearish…
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Roydad Naft News Agency – Oil prices ticked higher on Tuesday as markets weighed supply cuts for August by top exporters Saudi Arabia and Russia against a…
The capacity for production of petrochemicals in Iran will increase from 92 to 131.5 million metric tons (mt) per year by the end of Iran’s seventh National…
Roydad Naft News Agency – A recent report by the Energy Institute (EI) shows that Iran exported 18.9 billion cubic meters (bcm) of natural gas in 2022,…
Roydad Naft News Agency – Indian refiners have begun paying for some oil imports from Russia in Chinese yuan, sources with direct knowledge of the matter said,…
Roydad Naft News Agency – Russia will cut oil exports by 500,000 barrels per day (bpd) in August, President Vladimir Putin’s point man on oil said on…
Roydad Naft News Agency – Oil rose on Monday after top exporters Saudi Arabia and Russia announced supply cuts for August, overshadowing concern over a global economic…
Head of the National Iranian Gas Company (NIGC) has said the country’s annual ethane production is expected to reach five million tons in the near future, Roydad…
Roydad Naft News Agency – Iran’s oil minister on Monday said ethane extraction from nine refineries in South Pars (SP) gas field will generate a $250-$300 million…
Turkey has made major energy finds over recent years thanks to exploration technology. It has discovered huge natural gas and crude oil reserves off the North Sea…
The Iranian Ministry of Petroleum has adopted a new plan to sweeten terms of oil and gas contracts. Potential contractors can now file demand for exploration and…
Roydad Naft News Agency – Galfar Engineering and Contracting Company has been awarded a RO29mn worth of engineering, procurement and construction (EPC) contract by OQ Exploration & Production…
Roydad Naft News Agency – Indian state fuel retailers’ gasoil and gasoline sales in June were little changed from the previous month, preliminary data showed, as people…
Roydad Naft News Agency – National Iranian Drilling Company (NIDC) dug and completed the digging operations of 27 oil and gas wells during the first 100 days…
Iran’s Oil Ministry has had great success in increasing oil production and sales, said a parliamentarian on Sunday.
Talking to Roydad Naft News…
Roydad Naft News Agency – Oil prices will struggle for traction this year as global economic headwinds stymie gains that could be fuelled by a rebound in…
Roydad Naft News Agency – An Iranian lawmaker on Saturday lauded the good interaction between the Oil Ministry and knowledge-based companies.
In his talks…
Roydad Naft News Agency – A 16 percent leap in Iran’s oil production capacity is the target set by the 7th National Development Plan (2023-2027).
Roydad Naft News Agency – The Oil Ministry has proved that Iran can neutralize sanctions, said a lawmaker on Friday.
Abdolali Rahimi Mozaffari, a…
Roydad Naft News Agency – Brent crude oil prices were little changed in early trading on Friday, but were set to notch their first monthly gain this…