Former OPEC affairs head of the the Iranian Ministry of Petroleum here on Saturday said Tehran and Riyadh are expected to seize the opportunity created after their…
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A senior expert in energy economics described the March 12 agreement between Iran and Saudi Arabia as the most important event…
Iran’s crude oil production increased 17,000 barrels per day (bpd) in February to reach 2.554 million bpd, according to OPEC’s latest monthly report.
As…
A petro-refinery in Abadan, southwestern Iran, having a production capacity of 210,000 barrels per day (bpd) will become operational within days, said Oil Minister Javad Owji here…
Western sanctions on Russian and Iranian oil have channelled cheap fuel to Asia and in the process eroded a decades-long trend whereby the continent has paid more…
The managing director of the South Pars Gas Complex (SPGC) on Monday announced a 42 percent increase in the annual production of liquefied petroleum gas (LPG).
The presidents of Iran and Belarus paid a visit to the exhibition of knowledge-based achievements of Iranian companies.
Iranian President Ebrahim Raeisi and his Belarusian counterpart, Alexander Lukashenko, visited…
The expansion of relations between the world’s energy powers such as Iran, Russia, and Saudi Arabia plays an effective role in developing global economy, said a member…
Saudi Arabian oil giant Aramco (2222.SE) on Sunday reported a record annual net profit of $161.1 billion for 2022, up 46% from the previous year on higher energy prices,…
A high-ranking trade delegation from West Africa paid a visit to Pars Special Economic Energy Zone (PSEEZ).
Arranging the visit, the Iranian Ministry of…
Iran-Russia Joint Economic Commission will hold business-to-business (B2B) meetings here in May.
Led by the Iranian Ministry of Petroleum’s Department for International Affairs and…
Iran’s oil minister on Saturday talked of good agreements with giant Chinese companies, record annual production of sour gas, and launch of Phase 11 of South Pars…
The European Union struck a deal on Friday to cut final energy consumption across the bloc by 11.7% by 2030, a goal lawmakers said would help fight…
Iranian petrochemical companies based in the country’s Petrochemical Special Economic Zone (Petzone) have signed 34 memorandums of understanding (MOU) with domestic knowledge-based firms for meeting their technological…
Billions of dollars in clean energy incentives are poised to speed investment on American soil while putting the European Union’s energy transition at risk by luring away…
Iran will soon astonish the world by displaying its exploration expertise, vowed a National Iranian Oil Company (NIOC) official here on Tuesday.
Talking to…
The Canadian oil and gas industry could see investments topping pre-pandemic levels at some C$40 billion, or $29.36 billion, the Canadian Association of Petroleum Producers said.
Iranian Minister of Industry, Mine and Trade said that during a conference held in Tehran, Iran and West African countries will sign contracts worth $850 million as…
The Kremlin said on Monday it was for all shareholders to decide whether Nord Stream gas pipelines damaged in blasts last year should be mothballed.
Iranian Oil Minister Javad Oji says the country has been able to collect up to 2.5 times more oil revenues in the last Iranian calendar month (January…