In a strategic move to diversify its operations, Indian Oil Corp (IOC) has entered the shipping industry by acquiring two oil supertankers.
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Iraq’s Prime Minister Mohammed Shia’ al-Sudani on Friday presided over the reopening of the country’s largest oil refinery that was captured by the Islamic State (ISIS) nearly a decade ago.
Suncor Energy, Canada's second-largest oil producer, will focus this year on cutting operating costs in its oil sands mining business, CEO Rich Kruger said on Thursday, as the company continues efforts to fix long-running underperformance.
India's crude oil imports rose to a monthly record in January after the Red Sea shipping crisis delayed the December arrival of cargoes from the Americas, data from trade sources showed.
The head of Iran’s National Petrochemical Company (NPC) stated that with the implementation of the Persian Gulf Star Oil Company (PGSOC)’s ammonia plant, 450,000 tons will be added to the country's ammonia production capaci
The Iranian Oil Pipeline and Telecommunication Company (IOPTC) reported a 4.5% increase in crude oil and petroleum product transmission in the first nine months of 2023 compared to the previous year.
Islamabad has expressed an interest in completing the much-delayed Iran-Pakistan (IP) gas pipeline project, said Iran’s oil minister on Wednesday.
Walmart -backed Indian e-commerce firm Flipkart has held discussions over potentially acquiring the on-demand delivery platform Dunzo, TechCrunch reported on Tuesday, citing three people familiar with the matter.
The chief executive of the National Iranian Oil Products Refining and Distribution Company (NIORDC) said his company has signed €70 million worth of contract with knowledge-based companies in the fields of oil refining and distribution sectors.
The chief executive of Iran’s Pars Special Economic Zone Organization said Iran has outpaced Qatar in the extraction of gas from joint fields.
top executive of state-owned Abu Dhabi National Oil Company (ADNOC) on Monday said the company's strategy was anchored around gas output and that Egypt has been identified as a market with a lot of potential.
The Pakistan-Iran gas pipeline project unfolds as a strategic partnership, providing affordable energy and sparking dialogue on energy independence. The 781-kilometer pipeline stretches from Gwadar to Nawabshah, promising an era of economic revival and energy security.
Iran exported commodities valued at $1.8 billion to India during the first ten months of the current Iranian calendar year (March 21, 2023-January 20, 2024), the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.
The head of Iran’s National Development Fund (NDF) said the fund is going to invest $35 billion in the oil industry within the next five years, IRNA reported on Monday.
Managing Director of the National Iranian Gas Company (NIGC) Majid Chegeni, in a message, said on Sunday the country thwarted the sinister plots of the enemies who exploded gas pipelines in terrorist attacks.
Sharing insights into India's burgeoning gas sector, Executive Director and CEO of Adani Total Gas Limited Suresh P Manglani has forecast a 5 per cent to 6 per cent increase in natural gas consumption in 2024, commensurate with an estimated economic growth of 6 per cent-7 per cent in the country.
The New York Times has confirmed lingering speculations over Israel's role in recent acts of sabotage inside Iran.
The fueling infrastructure was developed in Iran by opening 16 new stations across the country, Shana reported on Saturday.
Egypt is continuing to pay energy groups despite the difficult situation it is going through because of the conflict in Gaza, the Chief Executive of Italy's Eni Claudio Descalzi said on Friday.
Canada has proposed changes to its draft clean electricity regulations that aim to achieve a net-zero emissions power grid by 2035 after receiving extensive feedback during consultations, the federal environment minister said on Friday.