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Trade between Iran-U.S. stands at $33.4m in 8 months

3 years ago

16 October 2023

2:11 PM

The value of trade between Iran and the U.S. stood at $33.4 million in the first eight months of 2023, registering a one percent rise compared to the previous year’s same period, IRNA reported citing the latest statistics released by the American Statistical Association (ASA).

Turkmenistan Eyes Lucrative Gas Deal With Iraq

3 years ago

15 October 2023

1:02 PM

Turkmenistan is in discussions to export up to 10 billion cubic meters of gas to Iraq in a three-way swap deal involving Iran. Efforts are ongoing to advance the trans-Afghanistan TAPI gas pipeline, with Pakistan keen on deepening energy cooperation. Domestically, Turkmenistan continues to invest in the development of Arkadag city and is planning significant health infrastructure in Ashgabat.

Over $200b of pending investment exist in Iran’s oil industry: ICCIMA

3 years ago

14 October 2023

2:07 PM

Head of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) has said there is more than $200 billion of pending investment in the country’s oil industry, the ICCIMA portal reported.

Canada’s top court backs Alberta challenge to Trudeau environment law

3 years ago

14 October 2023

1:59 PM

RoydadNaft – Canada’s Supreme Court dealt a blow to Prime Minister Justin Trudeau’s government on Friday by ruling that a federal law assessing how major…

No gas finds after drilling at Lebanon’s offshore Block 9, source says

3 years ago

14 October 2023

1:56 PM

No hydrocarbon finds were made after exploratory drilling operations at Lebanon's offshore Block 9, two sources with direct knowledge of the matter told Reuters on Friday.

India to push developed nations to become ‘carbon negative’ before 2050 -sources

3 years ago

14 October 2023

1:49 PM

RoydadNaft – India wants to push developed nations to become carbon negative rather than carbon neutral by 2050, arguing that would allow emerging market economies…

Major gas supplier Norway closely monitoring Baltic Sea pipe burst probe

3 years ago

13 October 2023

12:48 PM

RoydadNaft – Norway, Europe’s largest gas supplier, is closely monitoring the progress of a probe into unexplained damage on a Baltic Sea gas pipeline, having…

Owji inaugurates first phase of refining project in SW Iran

3 years ago

13 October 2023

12:38 PM

Iranian Oil Minister Javad Owji inaugurated the first phase of a refining project in Mohr, a county in southwestern province of Fars on Friday.

Greenpeace Canada files regulatory complaint over Suncor’s climate disclosures

3 years ago

12 October 2023

12:35 PM

RoydadNaft – Environmental group Greenpeace on Thursday said it has filed a complaint against Suncor Energy with the Alberta Securities Commission (ASC), arguing that Canada’s…

Canada may struggle to recoup $26 billion cost of Trans Mountain pipeline

3 years ago

12 October 2023

12:28 PM

RoydadNaft – Canada faces an uphill battle to recoup the roughly C$35 billion ($25.74 billion) in taxpayers’ money it has sunk into the Trans Mountain…

India invites bids for gas distribution licences, official says

3 years ago

12 October 2023

12:23 PM

India has invited bids for licences to supply natural gas to households, automobiles and small industries in five northeastern states and two union territories, its gas regulator said on Thursday.

OPEC sticks to 2024 oil demand growth forecast

3 years ago

12 October 2023

12:13 PM

OPEC on Thursday stuck to its forecast for relatively strong growth in global oil demand in 2023 in 2024, citing signs of a resilient world economy so far this year and expected further demand gains in China.

Owji welcomes Putin remarks on Iran-Russia energy swap, calls for setting up gas hub in Persian Gulf

3 years ago

12 October 2023

11:59 AM

Iranian Oil Minister Javad Owji on Wednesday welcomed Russian President Vladimir Putin’s remarks on increasing energy exchanges between the two countries in his address to the 6th Russian Energy Week International Forum.

Owji arrives in Moscow to attend Russian Energy Week International Forum

3 years ago

11 October 2023

1:31 PM

Iranian Oil Minister Javad Owji arrived in Moscow on Wednesday to take part in the 6th Russian Energy Week International Forum.

India’s first bamboo-based biorefinery to start operations in March

3 years ago

10 October 2023

2:55 PM

India's Numaligarh Refinery Ltd (NRL), a subsidiary of explorer Oil India, plans to start ethanol production at its biorefinery in the northeastern state of Assam from March, the company's managing director Bhaskar Phukan said on Tuesday.

S.Africa’s gas master plan ready, official says

3 years ago

10 October 2023

2:35 PM

South Africa's master plan to develop its gas market is finally ready after repeated delays as it aims to reduce its carbon emissions and avoid chronic power outages that have plagued Africa's most developed economy for years.

China confident about continuous flow of Iranian oil shipments: report

3 years ago

10 October 2023

2:03 PM

Chinese oil refineries are confident that flows from the Islamic Republic of Iran will continue despite the recent conflict between Hamas and Israel, betting Washington will seek to avoid a surge in global crude prices.

Exports from Iran to India up 9% in 7 months y/y

3 years ago

10 October 2023

2:01 PM

The value of Iran’s exports to India increased nine percent in the first seven months of 2023, as compared to the same period of time in 2022, according to the data released by the Indian Ministry of Commerce and Industry.

Russia starts gas supplies to Uzbekistan via Kazakhstan

3 years ago

9 October 2023

2:39 PM

Russia on Saturday started supplying natural gas to Uzbekistan via Kazakhstan, marking the occasion with ceremonies in Moscow and elsewhere attended by the presidents of the three countries and shown on state TV.

SP refineries supply over 9.5 bcm of gas to national network in 6 months

3 years ago

9 October 2023

1:56 PM

The refineries of Iran’s South Pars Gas Complex (SPGC) have supplied 9.550 billion cubic meters (bcm) of natural gas to the country’s network in the first six months of the current Iranian year (March 21-September 22), according to the SPGC managing director.