There is little Russia can do to help with urgent repairs required to malfunctioning Nord Stream 1 gas pipeline equipment, Kremlin spokesman Dmitry Peskov said on Monday,…
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Oil prices are proving resilient to global economic recession fears and have outperformed major equity indices and the U.S. dollar so far this year as Western sanctions…
Customs statistics show that Iran has exported 116 million liters of gasoline worth 32 million dollars during the first month of the current Iranian calendar year.
Switzerland is on track to secure the natural gas reserves it is seeking for the winter heating season, the SonntagsBlick paper cited a utility sector official as…
Executives from Tullow Oil (TLW.L) held talks with India’s ONGC Videsh Ltd (ONVI.NS) in Nairobi this week as the London-based firm seeks a…
Russian gas producer Gazprom (GAZP.MM) said on Saturday it had stopped sending gas to Latvia after accusing it of violating supply conditions, a move the…
Oil prices jumped more than $4 a barrel on Friday as attention turned to next week’s OPEC+ meeting and dimming expectations that the producer group will boost…
As Russia restricts gas supplies to Europe, UK energy bills are expect to almost double to nearly £4,000 ($5,000) this winter and remain above £3,000 a year…
The U.S. Department of Energy is planning up to a $165 million new investment in a geothermal power initiative that would utilize expertise from the oil and…
OPEC and its allies will consider keeping oil output unchanged for September when they meet next week, despite calls from the United States for more supply, although…
The Iranian Embassy in Athens confirmed that the Supreme Court in Greece had voted to uphold an appeals ruling in favor of Tehran against the seizure of…
France could provide Germany 20 terawatt hours of gas, or 2% of German consumption, during winter months if needed in the context of the conflict in Ukraine,…
A senior manager at Russia’s Gazprom (GAZP.MM) said on Wednesday that the company was still awaiting the return of a Siemens Energy
Oil rose by $1 a barrel on Wednesday as a report of lower inventories in the United States and cuts in Russian gas flows to Europe offset…
An expert in energy economics considered the oil industry to be the most attractive area of investment in Iran, and said: “We hope that the agreement with…
The energy ministers of the EU member states have clinched a political agreement on a gas reduction framework, the Czech Presidency of the Council of the European…
The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) voiced the holding’s readiness to cooperate with German companies that excel in chemistry and petrochemical industry.
Turkish President Recept Tayyip Erdogan said that his country will increase oil and gas imports from Iran.
Speaking in an exclusive interview with TRT…
Iranian Minister of Finance and Economic Affairs Ehsan Khandouzi stated on Tuesday that Iran’s oil and gas condensates revenues in the first 4 months of the current…
The Biden administration on Tuesday said it will sell an additional 20 million barrels of oil from the Strategic Petroleum Reserve as part of a previous plan…