OPEC oil output rose for a second straight month in September, a Reuters survey found on Monday, led by increases in Nigeria and Iran despite ongoing cuts by Saudi Arabia and other members of the wider OPEC+ alliance to support the market.
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With the failure of U.S. House Speaker Kevin McCarthy's final effort to keep the government running, a shutdown is looking increasingly certain south of the border.
A senior official with the Iranian Ministry of Petroleum has said a tripartite agreement, signed among the Islamic Republic, Venezuela, and Syria, envisages the building of a new oil refinery in Syria's Homs Province.
Indian government bond yields rose on Friday, with the benchmark yield posting its first quarterly rise in more than a year on the back of a relentless spike in oil prices and U.S. yields.
China's Dushanzi Petrochemical Corp, a unit of state oil and gas major PetroChina , said on Friday it began construction of a 21.88 billion yuan ($3.00 billion) petrochemical complex in the far western resource-rich region of Xinjiang.
Head of the National Iranian Gas Company (NIGC) Majid Chegeni said the cumulative gas supply to the country’s power plants in the first six months of the current Iranian calendar year (March 21-September 22) has increased by 16 percent compared to last year’s same period, registering a new record high.
Moscow delivered 100,000 metric tons to Pakistan through Iran's Sarakhs Special Economic Zone.
The National Iranian Drilling Company (NIDC) consolidated planning director on Tuesday said 55 onshore and offshore oil and gas wells have been drilled and completed in the first half of the current Iranian calendar year (March 21-September 22, 2023).
RoydadNaft – The Canada Energy Regulator (CER) approved a route change request for the Trans Mountain oil pipeline expansion on Monday, clearing a major hurdle…
President Recep Tayyip Erdoğan and his Azerbaijani counterpart Ilham Aliyev attended the groundbreaking ceremony Monday for a new natural gas pipeline that will run from Türkiye’s eastern province of Iğdir to Sederek in Azerbaijan.
"The announcement of Global Biofuel Alliance (GBA) by the Prime Minister Shri Narendra Modi during the G20 summit is a historic development in global efforts to achieve clean energy goals," said Director General of BIS Shri Pramod Kumar Tiwari.
The heads of Russian energy giants Gazprom and Rosneft, Alexei Miller and Igor Sechin, will join President Vladimir Putin's retinue during his visit to China next month, sources familiar with the plans told Reuters.
Britain's decision to delay a ban on new fossil fuel car sales may make little difference to the pace of a shift to electric vehicles (EVs), even though the news drew anger from automakers worried about supply chains and investment uncertainty.
Bank of France head Francois Villeroy de Galhau, a governing council member of the European Central Bank (ECB), said on Saturday that the spike in oil and fuel prices did not change the ECB's objective to bring inflation back towards 2% by 2025.
A C$16.5 billion ($12.27 billion) carbon capture and storage (CCS) project proposed by Canada's major oil producers will only move forward if the federal government sets up a contract to lock in future carbon prices, the Pathways Alliance said on Wednesday.
Enbridge Inc could add 200,000 barrels per day (bpd) of capacity to its 3 million bpd Mainline system, which ships the bulk of Canada's crude exports to the United States, a company executive said on Tuesday.
Bank of America on Tuesday said that while the heatwave in Texas almost halved the U.S. natural gas storage surplus, a mild winter could still drive stocks to records and push prices below $2 per million British thermal units (mmBtu) in the first quarter of 2024.
The director of Commercial Attachés Office of Iran’s Trade Promotion Organization (TPO) announced that license was issued to establish a trade center in Saudi Arabia, and the center started its activity in Jeddah.
Hungary signs a landmark gas supply agreement with Turkmenistan, signaling its shift from reliance on Russian gas. Current transit routes for Turkmen gas involve a three-way swap deal between Turkmenistan, Iran, and Azerbaijan, with possible expansion plans.
Turkish President Tayyip Erdogan asked Tesla CEO Elon Musk to build a Tesla factory in Turkey, the country's communications directorate said on Monday.