Finland's gas system operator said on Friday it had invoked its right to order a rapid extra delivery of liquefied natural gas (LNG) to ensure market balance amid a surge in demand driven by a prolonged cold spell that drove up electricity prices.
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India approved signing a 5-year memorandum of understanding (MoU) with Guyana to cooperate in the hydrocarbon sector as the South Asian nation looks to diversify its oil import sources.
India plans to halve the amount of equity investment to $1.8 billion for 2023/24 to help fund three state oil refiners' green energy projects, four government and industry sources said, as the federal government seeks to curb its fiscal deficit.
Trans Mountain Corp plans to begin line fill in March or May on its long-delayed Canadian oil pipeline expansion, depending on the diameter of pipe it uses and assuming no new problems, the Canadian government-owned company said in a filing on Wednesday.
Canadian energy, power and mining companies are expected to lead a rebound in dealmaking this year helped by lower interest rates, following a slump in overall mergers and acquisitions in 2023 to the lowest since the outbreak of COVID-19, bankers said.
Canada’s Saskatchewan province has removed the national fuel emissions charge, or carbon tax, from state-provided electric and natural gas heating, in a relief for families during the winter.
India's oil imports from Russia fell due to unattractive pricing and not because of payment problems, oil minister Hardeep Singh Puri said on Wednesday.
The head of Iran Chamber of Cooperatives has said the Free Trade Agreement (FTA) with the Eurasian Economic Union (EAEU) is going to increase export-oriented production and consequently improve the country’s economic indicators.
India has hiked the windfall tax on crude oil while reducing the tax on diesel and aviation turbine fuel, according to a government notification.
Natural gas supplies to Europe by Russian energy giant Gazprom were down 55.6% to 28.3 billion cubic metres (bcm) in 2023, Reuters calculations showed on Tuesday.
The value of Iran’s exports to China increased by 24 percent in November 2023 as compared to the same month in 2022, according to China’s Customs data.
In the face of international scrutiny, India has staunchly defended its substantial purchases of Russian crude oil since the onset of the Ukraine war.
Ecuador has reached an agreement with an Indigenous community in the country's Orellana province to end the group's blockade of oil projects in the area, the ministry of energy and mining said on Saturday.
The trade exchanges between Iran and Turkey in the first 11 months of 2023 reached $5.0 billion, showing a 13 percent decline compared to the same period of last year.
India's fuel exports rose in November from a month earlier as refineries ramped up crude processing while diesel demand for trucking was lower during the Diwali festival season.
Exporting goods from Bushehr province hits over $8.2 billion in the first nine months of the current Iranian year of 1402 (March 21-December 21), a local customs official said.
Engie Brasil said on Thursday it had reached a deal to sell a 15% stake in natural gas pipeline firm TAG to Canadian investment fund Caisse de Depot et Placement du Quebec (CDPQ) for 3.1 billion reais ($641 million).
Iran and the Eurasian Economic Union (EAEU) have finally signed a long-awaited free trade agreement.
India's natural gas consumption surpassed domestic production from April to November 2023, indicating a growing energy shift and outpacing domestic production.
Canadian oil producers Canadian Natural Resources and MEG Energy are urging the country's energy regulator to approve Trans Mountain Corp's latest request for a change to building its pipeline expansion, saying timely completion is critical.