Russia resumed pumping gas via its biggest pipeline to Europe on Thursday after a 10-day outage, allaying some of Europe’s immediate supply fears but not enough to…
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Islamic Republic of Iran will export four million barrels of oil to the Bolivarian Republic of Venezuela in the current month.
Iran is increasing…
Tehran and Ankara agreed to start negotiations on a new gas exports agreement which would allow an increased supply of natural gas from Iran to Turkey for…
The European Union has set out emergency plans for countries to cut their gas use by 15% until March, warning them that without deep reductions they could…
Oil prices fell on Wednesday, after U.S. government data showed lower gasoline demand during the peak summer driving season and as interest rate hikes by central banks…
The European Union told member states on Wednesday to cut gas usage by 15% until March as an emergency step after President Vladimir Putin warned that Russian…
Noting that the nuclear deal is not dead yet, the US Deputy Secretary of State stated that the world needs Iran’s oil.
Negotiations to…
The National Iranian Oil Company and Russian gas producer Gazprom inked on Tuesday a memorandum of understanding (MoU) worth around $40 billion.
Iranian and…
A Milan Appeal Court acknowledged on Tuesday the dropping of criminal proceedings in a Nigeria corruption case, finalising the acquittal of Eni (ENI.MI) and Shell…
Oilfield services provider Halliburton Co (HAL.N) on Tuesday posted a 41% increase in second-quarter adjusted profit compared to the first quarter, and predicted years of…
Russian gas flows via the Nord Stream 1 pipeline are seen restarting on time on Thursday after the completion of scheduled maintenance, two sources familiar with the…
Russia’s crude flows are coming down, but higher oil prices are cushioning the impact on the Kremlin’s war chest.
There are tentative signs that…
Suncor Energy Inc (SU.TO), said on Monday it had added three new independent directors and would review a possible sale of its retail gas…
Canada on Monday launched consultations on a plan to cap and cut greenhouse gases from the oil and gas sector, its largest and fastest-growing source of emissions,…
Russia’s Gazprom has told customers in Europe it cannot guarantee gas supplies because of ‘extraordinary’ circumstances, according to a letter seen by Reuters, upping the ante in…
Iranian Deputy Foreign Minister for Economic Diplomacy Affairs Mehdi Safari stated that Tehran has launched refineries in three countries.
“The refineries have been launched…
Europe has surpassed Asia to become the top consumer of American oil for the first time in six years.
From January to May this…
Saudi Arabia’s foreign minister said a U.S.-Arab summit on Saturday did not discuss oil and that OPEC+ would continue to assess market conditions and do what is…
Saudi Arabia’s Crown Prince Mohammed bin Salman said on Saturday more investment was needed in fossil fuel and clean energy technologies to meet global demand, and that…
The government of Canada imposed another round of sanctions against Russia’s oil and gas sector and chemical industry, according to the Canadian foreign ministry.