Pakistan and Russia will finalise all commercial terms of an agreement, including the use of other-than-dollar currency as the medium, for selling less expensive crude to Islamabad,…
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Local media in the Iraqi Kurdistan region have reported that Khor Mor gas field in the Kurdistan Region’s Chamchamal County in Sulyamaniyeh was targeted with rockets on…
Oil prices rose for a second session on Friday, buoyed by better than expected U.S. economic growth, strong middle distillate refining margins and hopes of a rapid…
Right now, the price to fill up at the pump may not feel all that bad. With the average price of a gallon of gasoline around $3.30…
QatarEnergy will join TotalEnergies and Eni in exploring for oil and gas in Lebanon, the Lebanese energy ministry said on Thursday.
Lebanon signed an…
Oil prices rose 1% on Thursday on expectations that demand will strengthen as top oil importer China reopens its economy and on news U.S. crude inventories have…
Shell (SHEL.L) has launched a strategic review of its home energy retail businesses in Britain, the Netherlands and Germany in the wake of “tough market conditions”, it said on…
Oil steadied on Wednesday after a decline in the previous session, as a rise in U.S. crude inventories and global recession worries countered optimism for a demand…
CEO of the National Iranian Oil Company Mohsen Khojasteh Mehr said that measures are being taken to prevent the pressure drops in the South Pars gas field.
The United States Department of Energy has introduced the Islamic Republic of Iran as the world’s third-largest oil and second-largest natural gas reserves holder.
The financial director of Bou Alisina Petrochemical Plant, presenting the company’s performance report, announced new production, sales and profitability records in the 9 months of the current…
The CEO of the National Iranian Oil Company (NIOC) said plans are under way to bring Iran’s crude oil production capacity to 5.7 million barrels per day…
Tehran’s representative in the Iranian parliament underlined the need for youth participation in different parts of the country, emphasizing the need to link the oil industry with…
An OPEC+ panel is likely to endorse the producer group’s current oil output policy when it meets next week, five OPEC+ sources said on Tuesday, as hopes…
Crude oil prices were steady on Tuesday as concerns about a global economic slowdown and expected build in U.S. oil inventories were offset by hopes of a…
The U.S. Treasury has extended a license for Serica Energy to operate the Rhum gas field in the North Sea which is 50 percent owned by National…
The US Special Envoy for Iran Robert Malley said the Biden administration will increase pressure on China to cease imports of Iranian oil as the US tries…
The CEO of South Pars Gas Complex said by taking effective and extensive measures and in order to maintain the stability of gas production, the power plant,…
Persian Gulf Petrochemical Industries Company (PGPIC) ranked first among the 500 top enterprises of the country by winning the first rank in the three indices of “sales…
Due to its brilliant performance in the field of product export, Pardis Petrochemical Company won the title of the country’s top export-oriented company in the calendar year…