The world’s largest energy traders, independents and majors, are poised to post record earnings for the first six months of the year due to volatility in markets…
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The CEO of the National Iranian Oil Company (NIOC) said a contract for the development of 7 oil fields worth 4 billion dollars has been signed with…
The Swiss agency in charge of sanctions said it was up to the Swiss government to decide whether to adopt a tweak to EU sanctions that eases…
Oil prices rose on Monday, bolstered by supply fears, a dip in the U.S. dollar and stronger equity markets, but prices seesawed as some worried rising U.S….
European Union countries are seeking to soften the bloc’s plan to require them to use less gas as Europe prepares for a winter of uncertain supplies from…
Russia tightened its gas squeeze on Europe on Monday as Gazprom (GAZP.MM) said supplies through the Nord Stream 1 pipeline to Germany would drop to…
The CEO of the National Petrochemical Company (NPC) invited all investors, researchers and industrialists of the petrochemical industry to participate in completing the sector’s value chain.
Di Aria Polymer (Khomein Petrochemical Plant) was officially inaugurated in the presence of Deputy Minister of Petroleum and the CEO of National Petrochemical Company.
The CEO of Shahid Hasheminejad Gas Refining Company said the plant was currently producing 1,500 tons of sulfur per day.
According to the National…
Syrian Minister of Oil and Mineral Resources described cooperation between the oil ministries of Iran and Syria as good, emphasizing that the two countries have high capacity…
The memorandum of understanding on investment signed between Iran and Russia was a win-win deal, a senior energy official said.
The implementation of the…
U.S. crude prices settled below $95 a barrel for the first time since April in choppy trading on Friday after the European Union said it would allow…
Finance Ministery of the Taliban announced on Saturday that it has signed a contract to purchase 350,000 tons of oil from Iran.
According to…
Russia will not supply oil to countries that decide to impose a price cap on its oil, Russian Central Bank Governor Elvira Nabiullina told a briefing on…
The European Union is seeking additional gas supplies from Nigeria as the bloc prepares for potential Russian supply cuts, Matthew Baldwin, deputy director general of the European…
The operator of a major pipeline from Russia to Europe says natural gas has started flowing again after a 10-day shutdown for maintenance.
Russian…
Oil prices edged up on Friday in choppy trading after Russia said it will not supply crude to countries that decide to impose a price cap on…
National envoys to the European Union debated on Friday a compromise to a European Commission proposal that all 27 EU countries cut their natural gas use after…
The Chief Executive of National Iranian Oil Company (NIOC) announced that three other phases of Refinery 14 of South Pars Gas Field will be put into operation,…
Eni said on Thursday it would receive about 36 million cubic metres of gas from Russia’s Gazprom (GAZP.MM), up from the daily average volumes…