Moscow is ready to resume gas supplies to Europe through the Yamal-Europe Pipeline, Russian Deputy Prime Minister Alexander Novak told state TASS news agency.
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The CEO of Shahid Hasheminejad Gas Refining Company announced a 10% increase in gas reserves of the Shourijeh reservoir in the 8 months of the current Iranian…
Russia will look for new markets and logistics even at higher costs so as not to supply oil at prices set by the West, Finance Minister Anton…
China customs figures show that the country’s monthly exports to Iran in the month of November amounted to $935 million, showing an increase of 39%.
Spain’s competition watchdog on Thursday fined two natural gas traders a combined 4.8 million euros ($5.1 million) for not meeting deadlines to warn about changes in supplies…
Exports of Russia’s flagship Urals crude blend from Baltic Sea ports may fall by up to a fifth in December, after a Western price cap and an…
Chinese ambassador went to Bandar Abbass in south Iran to open his country’s new consulate general in the Iranian port city during which he described the relations…
U.S. and Canadian natural gas production is expected to hit new records in 2023, but growth may be slow due to weakened demand, pipeline bottlenecks and a…
A tripartite contract for the supply of 500 road tankers has been signed between the National Iranian Oil Products Refining and Distribution Company (NIORDC), Ariadiesel Khodro Company…
Iranian Finance and Economic Affairs Minister Ehsan Khandouzi announced that the Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei has agreed with the oil barter trade…
Iranian energy minister in a meeting with Nicaraguan Foreign Minister Denis Moncada stressed the need for developing Tehran-Managua cooperation in different fields including energy and economy.
The U.S. Energy Department said on Friday it will begin buying back oil for the Strategic Petroleum Reserve, or SPR, the first purchase since this year’s record…
A total of $260 million worth of engineering and technical services were exported from Iran during the first four months of the current Iranian year.
Pars Behin Qeshm Oil Refinery has processed AH70 bitumen which is considered a new grade suitable for global markets for the first time in the country.
The CEO of Pars Oil and Gas Company (POGC) said the daily gas production from the South Pars joint gas field has reached 700 million cubic meters.
Pars Oil and Gas Company (POGC) is planning to invest $2 million in a project for laboratory modeling of corrosion together with a knowledge-based company.
Oil fell almost 3% on Friday as the market assessed the aftermath of interest rates hikes by central banks, but was still poised for a weekly gain…
The European Union will raise an extra 20 billion euros from its carbon market for investments to help end more swiftly the bloc’s reliance on Russian fossil…
West Asia’s largest distillation unit has gone operational in Iran’s Abadan Refinery with a capacity of 210,000 barrels per day (bpd), the managing director of the National…
The CEO of the National Iranian Oil Engineering and Construction Company announced the implementation of the largest distillation unit in the Middle East with a capacity of…