Canada's supply and demand for energy products increased in 2022 as economies around the world continued reopening following the lifting of COVID-19 restrictions, Statistics Canada said on Monday.
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The global oil market will see a slight surplus of supply in 2024 even if the OPEC+ nations extend their cuts into next year, the head IEA oil told.
Saudi Arabia, Russia and other members of OPEC are scheduled to meet in Vienna on Sunday and could make further changes to an agreement that already limits supply into 2024.
India has been progressively implementing an ethanol policy to promote the use of biofuels. The policy provides for the usage of multiple feedstocks including grains, thereby giving flexibility to the mills and better capacity utilisation of distilleries.
Canada's government will present legislation this month to start paying subsidies for carbon capture and net-zero energy projects, part of a plan to worth around $20 billion over five years.
RoydadNaft – The director of exploration of the National Iranian Oil Company stated that the construction of the laboratory and semi-industrial pilot of oil…
Kuwait's economy is projected to decline in 2023 due to lower oil production, amid the country's commitment to additional Opec+ production cuts, a report has said.
India’s crude oil imports are expected to grow from October level during the remaining two months of the calendar year in line with the ongoing festival and marriage season, which also witnesses an uptick in industrial, construction and farm activities.
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.
Iran and Iraq have agreed to form a working group on gas exports to the power plants in Baghdad, said the Iranian deputy oil minister for gas affairs.
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.
The 17th Annual GPCA Forum, the Persian Gulf Petrochemicals and Chemicals Association (GPCA) flagship event, hosted by QatarEnergy, will take place for the first time in Qatar National Convention Centre, Doha from 4-6 December 2023.
According to a poll conducted by the non-profit Angus Reid Institute, Canadians have a profound lack of awareness about how much they are paying in carbon taxing, whether they receive a rebate and if they are better or worse off financially with the combined tax and rebate.
South African petrochemical company Sasol on Friday said Simon Baloyi will take on the role of President and CEO from April 1, 2024.
Iran’s MAPNA Group, which is West Asia’s leading company in executing thermal and renewable power plants, is offering its latest achievements in the 23rd Iran International Electricity Exhibition (IEE 2023), the company’s portal reported.
The Canadian dollar moved above the 73 United States cent mark on Wednesday morning and ended the day there as well.
Iranian Oil Minister Javad Owji on Wednesday said the country’s liquefied petroleum gas (LPG) exports have increased around 20 percent in the current Iranian calendar year (starting March 21, 2023).
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.
India’s state-run Oil and National Gas Corp said it witnessed a drop in oil and gas output in July-September due to lower volumes from matured fields and weather-related disruptions, but production from new projects in coming quarters would more than offset that decline.
In November, Turkiye set a new record for importing the highest amount of Russian oil, according to Reuters.