Negotiations for the construction of a $30 billion liquefied natural gas (LNG) terminal between Tanzania, Norway’s Equinor (EQNR.OL) and Britain’s Shell (SHEL.L) are complete and contract preparations are underway, Tanzania’s energy…
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The Kremlin said on Tuesday that it did not recognise the price cap introduced by Western countries on its oil exports, after the United States said that…
U.S. oil production will grow by about 500,000 barrels per day this year, with 80% or 90% of that coming from the Permian basin, Frederick Forthuber, president…
Oil prices could rise as high as $107 a barrel by the end of the year from about $84 at present, depending on how OPEC responds to…
A Cabinet minister and top oil executive from the United Arab Emirates (UAE) on Monday (March 6) urged the energy industry to join the fight against climate…
Faridon Peer Lorin, the deputy consul general of Iran, has said that there is no restriction on Iran’s gas export to Pakistan as the latter has reached…
With Europe rapidly nearing the end of the winter heating season, there is increasing confidence the region will have a record volume of gas still in storage,…
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.
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…