A senior U.S. Republican senator confirmed the rise in Iran’s oil revenues in recent months, confessing to the ineffectiveness of the sanctions that have been unilaterally imposed…
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The economic exchanges between Iran and the United Kingdom (UK) have more than tripled after BREXIT so that the trade between the two countries reached 696 million…
Rural electric cooperatives, utilities, and other energy providers will soon be able to apply for nearly $11 billion in grants and loans for clean energy projects, funded…
China’s slower-than-expected economic recovery has weighed on oil markets recently, especially following the report of a decline in manufacturing activity.
Refinery throughput in China…
Canadian energy stocks are looking increasingly cheap after the latest selloff in crude prices.
Earlier in the year, Wall Street was mostly bullish about…
Crude oil started trade this week with a decline, based on Asian trade data from earlier in the day, as traders’ worry about the state of the…
Why is capital critical to Canadians’ well-being? Because capital fuels our economy, performing as a hand up versus a taxpayer handout. Yet, being mobile, it also seeks…
Global Energy Monitor, in a recent report, has said Iran is the world’s top country in terms of oil pipelines under construction.
Based on…
Meanwhile, the Federal Energy Regulatory Commission has warned that the surge in clean energy and drop in coal and gas power may make the energy grid less…
Turkey, in the meantime, is preparing for a critical election on May 14, and Turkish officials have previously indicated that they might hold off on restarting the…
Aramco is betting on boosting its natural gas production and plans to develop Jafurah, the largest non-associated gas field in Saudi Arabia.
The world’s…
OPEC’s global oil demand forecast for 2023 was held steady for a third month on Thursday, with the producer group citing the potential Chinese growth to be…
Russia’s Deputy Energy Minister Pavel Sorokin held a call this month with Western analysts about country’s oil production, trying to convince them that Russia had reduced output…
Natural gas prices are also expected to climb in the second half of 2023, which could spell trouble for Europe as it has failed to secure sufficient…
The combination of higher operating costs, increased interest rates, and a drop in both oil and gas prices suggests the good times may soon be at an…
The value of trade between Iran and Azerbaijan increased by 13 percent in the past Iranian calendar year 1401 (ended on March 20), based on the data…
Iran’s oil minister on Tuesday said accidents in the oil industry have been reduced 35 percent during the past 15 years.
Javad Owji made…
But there are plenty of bullish factors on the horizon, including falling U.S. inventories, growing Chinese demand, and slowing U.S. production growth.
On Friday,…
Iran’s crude oil production stood at 2.567 million barrels per day (bpd) in March, 8,000 bpd less than the figure for the previous month, according to OPEC’s…
Head of the Federation of Chambers of Commerce and Industry of the United Arab Emirates (UAE) said his country is seeking to become Iran’s top trading partner…