Iran will host the 26th Ministerial Meeting of the Gas Exporting Countries Forum (GECF) this year.
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The Indian government hiked its windfall tax on petroleum crude to 4,600 rupees ($55.51) a metric ton from 3,300 rupees with effect from March 1, according to a government order released on Thursday.
Canada will expedite the approval process for new nuclear projects, but will not exclude them from the federal environmental review as requested by the province of Ontario, Energy and Natural Resources Minister Jonathan Wilkinson said.
An official at the Trade Promotion Organization of Iran (TPOI) said the organization has taken effective measures to get the lion’s share in the Syrian market.
Fresh U.S. sanctions on Moscow threaten to dent Russian oil sales to India, the biggest buyer of Russian seaborne crude, and complicate efforts by Indian state refiners to secure annual supply deals, three industry sources familiar with the matter said.
French company TotalEnergies announced on Thursday a deal to supply Singapore's Sembcorp Industries with up to 0.8 million tons of liquefied natural gas (LNG) per annum (Mtpa) for 16 years, from 2027 onwards.
According to the Head of the NIGC Dispatching Department Gholamreza Kooshki, considering the current trend, the country’s gas consumption is expected to increase even further to 680 mcm, Shana reported.
Tehran and Moscow signed 19 cooperation documents during the closing ceremony of the 17th Joint Economic Commission between the Islamic Republic of Iran and the Russian Federation in Tehran on Wednesday.
Iran’s Oil Minister Javad Owji on Tuesday asked people to conserve gas as the cold spell continued to grip the northern parts of the country.
Hardeep Singh Puri, Union Minister for Petroleum and Natural Gas and Housing and Urban Affairs, virtually launched ‘STORM’, a customised fuel specially curated by Indian Oil for FIM Asia Road Racing Championship 2024 season.
Canada's largest pension funds, which hold trillions of dollars in assets combined, are trailing behind many of their international counterparts when it comes to shifting away from investments in fossil fuels, a new report has found.
Qatar's planned expansion of liquefied natural gas (LNG) production could see it control nearly 25% share of the global market by 2030 and squeeze out rival projects including in the United States where President Biden paused new export approvals, market experts say.
South Africa's Sasol reported on Monday a decline of 34% in half-year profit, mainly due to weaker oil and petrochemical prices as well as higher costs.
Bosnia's Serb Republic plans to increase its gas imports from Russia as the industry needs more supplies, the leader of the Bosnian separatist region told Russia's Izvestia newspaper in remarks published on Monday.
Goldman Sachs raised its summer 2024 Brent peak forecast by $2 a barrel to $87 as disruptions in the Red Sea contribute to modestly larger-than-expected draws in OECD commercial stocks, the bank said in a note dated Sunday.
Following the significant temperature drop over the past few days, the consumption of natural gas by Iranian domestic and commercial sectors reached 532 million cubic meters (mcm), an official with the National Iranian Gas Company (NIGC) announced.
Expert meetings of the 17th Iran-Russia Joint Economic Commission started in Tehran on Monday.
An additional 15 trillion standard cubic feet of gas have been proven at Saudi state oil company Aramco's Jafurah field, Energy Minister Prince Abdulaziz bin Salman said on Sunday.
Qatar will further raise gas production despite a steep drop in global gas prices, pushing ahead with plans to extract more of the resource amidst fierce competition with rivals such as the United States.
US Central Command in the Middle East known as CENTCOM has announced an attack on an American-flagged oil tanker in the Gulf of Aden off the Yemen coast.
