Stating that his visit to China was very fruitful and successful, Iranian president expressed hope that the the two countries cooperation in various fields will be further…
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20 cooperation documents were signed between high-ranking officials of the Islamic Republic of Iran and China in the presence of the presidents of the two countries.
Venezuela will contract with an Iranian shipyard to build two oil tankers under an existing construction agreement according to people familiar with the matter and documents.
The high-pressure condensate pump of urea unit of Masjid Suleiman petrochemical plant was localized by the experts of the company.
According to Masjid…
The Ministry of Oil and Gas of the Government of National Unity (GNU) claimed on Sunday that the 8-billion-dollar deal between Italy’s Eni and Libya’s National Oil…
Ecuador’s state oil company, Petroecuador, said on Saturday that it was losing an estimated 3,500 barrels of crude oil a day due to “vandalism” at two of…
Goldman Sachs still expects Brent Crude prices to hit $100 per barrel this year, but only in December compared to earlier expectations of $100 oil as soon…
The CEO of the Pars Special Economic Energy Zone (PSEEZ) stated that more than one-third of the country’s hard currency income is provided by the Zone, and…
Oil rose for a third straight day on Wednesday as investor concern eased about U.S. interest rate hikes and an industry report pointed to a drop in…
BP (BP.L) reported on Tuesday a record profit of $28 billion for 2022 and hiked its dividend, but infuriated climate activists by rowing back on plans to slash oil…
There is no damage to the Kerkuk-Ceyhan pipeline carrying oil from Iraq to Turkey, or to the Baku-Tbilisi-Ceyhan pipeline, and oil flows are continuing on both after…
Sepahan Oil Company’s export and import terminal of Shahid Rajaei Port was put into operation on Saturday by video conference with the order of the Minister of…
The petroleum minister of Venezuela expressed his country’s willingness to use Iran’s experiences and promote cooperation in the oil and energy industries.
In a…
Western economies agreed new price caps on Friday on Russia’s exports of oil products that U.S. Treasury Secretary Janet Yellen said would build on the crude oil…
Oil prices slipped on Thursday as looming sanctions on Russian oil products added uncertainty over supply and a build in U.S. fuel stocks suggested sluggish demand despite…
Russian Foreign Minister Sergei Lavrov on Thursday said the United States was directly involved in explosions that severely damaged the Nord Stream gas pipelines under the Baltic…
The director of exploration at National Iranian Oil Company (NIOC), Mehdi Fakour, has said that Iran was estimated to sit atop 16 billion barrels of hydrocarbon reserves.
Turkey will hold a natural gas summit on Feb. 14-15 to bring together gas supplier countries and Europe’s consumer countries in Istanbul, Turkish Energy Minister Fatih Donmez…
The Gas Exporting Countries Forum (GECF) today launched the latest edition of its annual Global Gas Outlook 2050 (Outlook), in the presence of the 2023 President of…
The Speaker of the Iranian Parliament said: “Iran and Algeria have the possibility to cooperate in the field of knowledge-based issues and infrastructure and energy studies, especially…