The Kremlin said on Monday it was for all shareholders to decide whether Nord Stream gas pipelines damaged in blasts last year should be mothballed.
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Oil prices fell on Monday after China set a lower-than-expected target for economic growth this year at around 5%, and as investors cautiously awaited U.S. Federal Reserve…
President Joe Biden has pledged that fighting climate change will deliver millions of middle-class jobs with good wages to Americans with union membership cards.
Iranian Oil Minister Javad Oji says the country has been able to collect up to 2.5 times more oil revenues in the last Iranian calendar month (January…
The 27th International Oil, Gas, Refining and Petrochemical Exhibition of Iran (Iran Oil Show 2023) is scheduled to be held at Shahr-e-Aftab International Exhibition Center during May…
The head of the International Energy Agency (IEA), Fatih Birol, said Russia has gone from being “one of the cornerstones of the global energy system” to forfeiting…
Italian oil and gas group Eni (ENI.MI) said it would cooperate with Abu Dhabi National Oil Co (ADNOC) on energy transition projects, as Rome’s new government works to rebuild…
The CEO of the Industrial Projects Management of Iran (IPMI) said that all sections of Phase 14 of the South Pars gas field have been launched by…
An Iranian official hailed Phase 14 of the South Pars gas field as the most important industrial project carried out in the country after the victory of…
Chinese state-owned oil and gas corporation CNOOC has announced the discovery of a major oilfield with light crude reserves of 100 million tons in the Bohai Sea,…
Iran and Oman signed a memorandum of understanding (MOU) in Tehran on Saturday on cooperation in the development of oil and gas fields, investment making in petrochemical…
Germany said on Friday that new infrastructure for floating liquefied natural gas terminals (LNG) will exceed previously expected costs, forewarning taxpayers that there will be a price…
Oil prices dipped on Friday but were poised to register a weekly gain, with renewed optimism on China’s demand recovery outweighing worries over recession, growing U.S. crude…
Russia’s ruptured undersea Nord Stream gas pipelines are set to be sealed up and mothballed as there are no immediate plans to repair or reactivate them, sources…
Pakistan risks a fine of $18 billion for not completing the Iran-Pakistan gas pipeline project (known as the IP pipeline) in the timeframe stipulated in the agreement,…
China’s seaborne imports of Russian oil are set to hit a record this month after refiners took advantage of cheap prices as domestic fuel demand rebounded, but…
The Canadian Association of Petroleum Producers (CAPP) said on Wednesday it expects oil and natural gas investment in upstream production will reach C$40 billion ($29.4 billion) in…
India’s Baidyanath LNG will sell fuel to GreenLine Logistics’ lorries that run on liquefied natural gas (LNG) in the coal and limestone-rich region of western Maharashtra state,…
Oil prices pared early gains on Thursday as signs of a strong economic rebound in top crude importer China were offset by fears over the impact of…
Venezuela has turned to importing naphtha from the US to upgrade its heavy crude since December, as recorded condensate shipments from Iran for the same purpose have…