Germany's quest to increase LNG import capacity has intensified as it seeks to end reliance on Russian pipeline gas.
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Russia has succeeded in selling almost all of its oil well above a Western-imposed price cap of $60 per barrel, a Russian government official said on Thursday.
Officials from the Trade Promotion Organization of Iran (TPOI) and representatives of the private sector have held a meeting to identify and assess trade opportunities between the Islamic Republic and Saudi Arabia.
Europe’s gas inventories continued to accumulate much later than usual into the autumn as exceptionally mild weather delayed the onset of the winter heating season.
Iran’s export of products to China in October 2023 grew 25 percent compared to a month earlier, China's Customs Office data showed.
Oil Minister Javad Owji on Wednesday said Iran, as one of the founders of OPEC, always supports the agreement and decisions made by OPEC+, a group comprising the Organization of the Petroleum Exporting Countries and allies.
Saudi Arabia’s new natural gas discoveries are no threat to Nigeria’s LNG business. This is according to Kayode Oluwadare, the Regional Energy Partner at Energy Compact.
Iranian President Seyyed Ebrahim Raeisi on Monday said the increase in oil production and exports amid sanctions and threats is a “golden leaf in the popular government’s record” in the past two years.
Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei on Sunday said cutting off the lifeline of the Zionist regime is the main task, calling on Islamic governments to prevent energy and goods from reaching it.
As Armenia gradually turns away from its traditional strategic ally, Russia, it is tentatively exploring deeper partnerships with the likes of France and the United States and then there is Iran.
The Iranian Foreign Ministry spokesman said the Oil Ministry’s achievements in exporting oil and developing gas relations with neighboring states are the government’s main strong points in promoting energy diplomacy and “highly promising” for the country.
India’s foreign minister said his country was awaiting a “thank you” for buying sanctioned Russian oil, saying the move had eased pressure on prices elsewhere.
The US renewed the waiver to allow Iraq to pay Iran for electricity, renewing criticism of President Biden from Republican lawmakers
Iran’s Oil Minister Javad Owji and visiting Iraqi Minister of Electricity Ziyad Ali Fazel explored all avenues to develop the two neighboring states’ relations in the energy sector on Wednesday night.
Iran’s Oil Ministry is the leading supporter of knowledge-based companies and first-time production, said the government spokesman.
The European Union is considering toughening up the sanction enforcement on evaders of the price cap on Russian oil, almost none of which now trades below the ceiling of $60 per barrel, the Financial Times reported on Tuesday.
According to the statistics of the US Department of Energy, the total stolen Iranian oil by this country has reached more than 4 million barrels since 2020 under the pretext of sanctions.
A member of Iran’s Parliament on Saturday described exports of the country’s crude oil and gas condensates as “favorable”.
The president of Cuba announced the facilitation of the entry of Iranian companies into the Cuban market.
Iran’s human rights chief on Thursday wrote a letter to the IAEA director general demanding the UN nuclear watchdog body to inform the United Nations Security Council about dangers of possible use of nuclear weapons by the Israeli regime against the downtrodden Palestinian people in Gaza.