Iraq imported some $1.97 billion worth of natural gas from Iran last year despite continued American pressure on the country to reduce its reliance on Iranian energy.
NEWS Feed Atom
Figures related to extraction of gas from reservoirs show a new record, with Iran’s gas production capacity expected to grow by 50% by 2029.
The head of Iran’s Institute for International Energy Studies (IIES) put great emphasis on contribution of recent political and security agreement between Tehran and Riyadh to economic…
Germany’s energy regulator has ruled out a gas supply emergency for the current winter but cannot give the all clear for the 2023/24 season, its president told…
European Union country leaders could urge companies next week to take part in a scheme for countries to jointly buy gas, according to draft conclusions for a…
Oil prices settled lower Friday, reversing early gains of more than $1 a barrel as banking sector fears caused both benchmarks to reach their biggest weekly declines…
Based on the latest data released by International Fertilizer Association (IFA), Iran has exported $1.8 billion worth of chemical fertilizers in the 2021-2022 crop year to become…
The head of the National Iranian Drilling Company (NIDC) has declared the company’s infrastructure improvement in line with the programs of the Oil Ministry as the most…
Average daily gasoline consumption in Iran has reached 105 million liters in the current Iranian calendar year (ends on March 20) which is 20 percent more than…
The 30th edition of the Health, Medical and Medical Equipment Fair (Expomed Eurasia) and 16th Oil & Gas Trade Show that kicked off in the Turkish city…
Former OPEC affairs head of the the Iranian Ministry of Petroleum here on Saturday said Tehran and Riyadh are expected to seize the opportunity created after their…
British Columbia’s decision this week to toughen emissions standards for new liquefied natural gas (LNG) projects creates one of the most robust climate plans in North America,…
Norway exported more than 120 billion cubic metres (bcm) of gas in 2022, mainly via pipelines, making it Europe’s largest gas supplier following a drop in Russian…
Oil prices fell in volatile trade on Friday, reversing earlier gains of more than $1 a barrel, as banking sector fears set crude on course for its…
Italian oil and gas major Eni SpA on Friday said it had discovered oil in the Sureste Basin offshore Mexico in a prospect that could contain around 200…
THE price of OPEC basket of 13 crudes stood at $76.22 a barrel on Wednesday, March 15, 2023, compared with $78.92 the previous day, according to OPEC Secretariat calculations/
U.S. natural gas futures rose on Thursday as investors covered short positions ahead of a weekly inventory report, but gains were limited by forecasts for less cold…
OPEC+ considers this week’s slide in oil prices to a more than one-year low to be driven by financial fears, not any imbalance between demand and supply,…
Oil prices clawed back some ground on Thursday, recovering from the previous session’s 15-month lows, as markets calmed somewhat after Credit Suisse (CSGN.S)was thrown a financial lifeline by…
Western sanctions on Russian and Iranian oil have channelled cheap fuel to Asia and in the process eroded a decades-long trend whereby the continent has paid more…