Continued worries about the global economy sent crude prices to their lowest level since January despite signs of improving US demand.
West Texas Intermediate…
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The Chief Executive of Iranian Offshore Oil Company (IOOC) said that the first phase of development of Esfandiar Joint Oilfield has been put atop the agenda of…
Russia held its spot as China’s top oil supplier for a third month in July, data showed on Saturday, as independent refiners stepped up purchases of discounted…
Higher oil export volumes, coupled with rising gas prices, will boost Russia’s earnings from energy exports to $337.5 billion this year, a 38% rise on 2021, according…
According to ICOFC, Ahmad Rajabi, production manager of the company, said: “Upgrading the capacity of radio systems with the aim of accessing all communication facilities, including…
Oil edged marginally higher after hitting a six-month low earlier on Wednesday, as markets weighed a steeper-than-expected draw down in U.S. crude inventories against rising output and…
In line with the goals of activating energy diplomacy by the Iranian Ministry of Petroleum, after a massive fire occurred in oil facilities in Cuba by lightning,…
Russian state gas company Gazprom (GAZP.MM) said on Tuesday that European gas prices could spike by 60% to more than $4,000 per 1,000 cubic metres…
The ways of cooperation between Iran and the Republic of Mauritius in the energy sector were discussed during the meeting between Iranian Minister of Petroleum Javad Owji…
German households will have to pay almost 500 euros ($509) more a year for gas after a levy was set to help utilities cover the cost of…
German gas storage facilities were slightly more than 75% full last Friday, a couple of weeks ahead of target, data from European operators group GIE showed on…
Saudi Arabia’s Kingdom Holding (4280.SE) invested in Russian energy groups Gazprom (GAZP.MM), Rosneft (ROSN.MM) and Lukoil (LKOH.MM) between…
The drilling operation of the first exploratory well of Changuleh oil field in Iran’s western Ilam Province is going to begin soon, a senior official with the…
Russia’s Gazprom (GAZP.MM) has ramped up flows to Hungary via the Turkstream pipeline that brings gas to Hungary via Serbia, a Hungarian foreign ministry official…
Germany’s Uniper (UN01.DE) is prepared to swap liquefied natural gas (LNG) it gets from Australia’s Woodside for U.S. gas, so it can boost supplies in…
As energy bills mount and the threat of rationing increases, some European retailers are turning off lights and considering shorter opening hours this winter.
The chairman of Iran-Iraq Joint Chamber of Commerce said that Iraq tries to increase import of gas from Iran.
Yahya Al-e Es’haq made the…
Ukraine has suspended Russian oil pipeline flows to parts of central Europe since early this month because Western sanctions prevented it from accepting transit fees from Moscow,…
Spain’s government said on Monday that an energy saving plan approved last week will not be postponed and is mandatory, despite calls by the opposition and regional…
U.S. fuel retailers are fighting the inclusion of a tax credit for sustainable aviation fuel (SAF) in Democrats’ $430 billion spending bill, arguing SAF is more carbon…