Iran’s President Seyyed Ebrahim Raeisi inaugurated the first phase of NGL 3200 plant in southwestern province of Khuzestan on Friday.
Launched in the presence…
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In early February, Chief Allan Adam of the Athabasca Chipewyan First Nation in northern Alberta started fielding calls from community members after the provincial regulator revealed toxic…
Europe needs to keep cutting natural gas consumption due to the lack of Russian pipeline supply.
There are concerns about potential competition from Asia…
The global trend of substituting the US dollar with local currencies in trade transactions is speeding up as more countries are ditching the greenback.
Russian Deputy Prime Minister Alexander Novak said on Wednesday that OPEC+, the group of leading oil producers, remains an efficient tool for coordination on global oil markets.
More than 1,500 Iranian and Foreign companies will participate in the 27th Iran International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show 2023), which will be…
The value of export from Pars Special Economic Energy Zone (PSEEZ) in the southwestern Bushehr province increased by 31 percent in the past Iranian calendar year 1401…
The managing director of Iran’s National Petrochemical Company (NPC) on Monday announced that one petrochemical project will be inaugurated on average each month of the current Iranian…
A drilling rig was erected off Lavan Island, the Persian Gulf, another step toward boosting oil output, said an Iranian Offshore Oil Company (IOOC) official Monday.
The European Union’s statistics office Eurostat announced the import of Iranian oil by three European Union (EU) members in 2022, and introduced Bulgaria as the newest customer…
Ukrainian state-owned gas company Naftogaz has held talks with Exxon Mobil Corp, Halliburton and Chevron about projects in Ukraine as the country looks to lure back foreign investment…
President Tayyip Erdogan on Thursday flicked the switch on Turkey’s first delivery of natural gas to an onshore plant from a reserve discovered in the Black Sea…
Russian President Vladimir Putin discussed the OPEC+ deal to cap oil production with the Crown Prince of Saudi Arabia, Mohammed bin Salman, in a telephone call on…
A tanker company has lost its P&I insurance from the American Club because it intends to ship Russian crude above the G7 price cap.
Germany’s liquefied natural gas (LNG) terminal project at Stade has picked a possible constructor and the floating storage and regasification unit (FSRU) at Brunsbuettel became fully operational…
Oil prices continued to trend lower in morning trade in Asia, with WTI heading toward $78 and Brent moving closer to $82.
Despite the…
Finnish Ambassador to Iran Kari Kahiluoto said Finland is looking for economic opportunities in southern Iran in the wake of revival of friendly between the Islamic Republic…
It will be very difficult for Europe to refill its gas storage to last year’s levels after the continent ended the winter heating season with relatively low…
South Pars Gas Complex (SPGC) produced 17.2 billion cubic meters (bcm) of natural gas over the winter, an increase of 6% compared to the quarter to late…
The length of oil and gas wells pipelines as well as the pipeline construction operation increased in the past Iranian calendar year 1401 (ended on March 20),…