Norway approved higher production from key natural-gas fields in an effort to maintain record exports as Europe reels from cuts in Russian supply.
The…
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Oil rose on Monday as supply concerns driven by lower OPEC output, unrest in Libya and sanctions on Russia outweighed fears of demand-sapping global recession.
Iran dispatched another oil tanker to Syria in line with the two countries’ policy of expansion of economic and trade relations and after finalization of a credit…
Iran’s exports of technical and engineering services have shown a 376-percent rise over the last Iranian calendar year (ended March 20, 2022).
Iran’s foreign…
Swiss businesses would be first to have energy rationed in the event of supply shortages, Energy Minister Simonetta Sommaruga told the SonntagsZeitung, warning that the government cannot…
Germany should face the possibility that Russia will continue to suspend gas flows through the Nord Stream 1 pipeline beyond a planned maintenance shutdown this month, Economy…
You may have not ever seen, touched or even heard of hydrogen sulfide, but you’ve definitely smelled it. Hydrogen sulfide, also known as H2S, is the rotten-egg-smelling…
Oil and gas well drilling and servicing activities involve many different types of equipment and materials. Recognizing and controlling hazards is critical to preventing injuries and deaths….
The Biden administration opened the door to selling new oil and gas drilling leases in the Gulf of Mexico and Alaska in a move likely to anger…
An Iranian-flagged tanker seized by Greece in April, part of whose cargo was confiscated by the United States, was being towed to the port of Piraeus on…
Jeopardizing energy security and heightening market volatility have borne lose-lose outcomes for all players, Iranian Minister of Petroleum said on Friday, adding global oil market needs an…
Pakistan’s former foreign minister’s advisor on international law Sikander Ahmed Shah has advised Islamabad that greater engagement with Tehran, particularly in the area of energy security and…
A report released by the Organization of the Petroleum Exporting Countries (OPEC) indicates that Iran has earned more than $25 billion in revenue from oil exports…
OPEC in June did not deliver on an oil output increase pledged under a deal with allies, a Reuters survey on Friday showed, as involuntary declines in…
Oil prices rose about $2 a barrel on Friday, recouping most of the previous session’s declines, as supply outages in Libya and expected shutdowns in Norway outweighed…
Iranian President Seyed Ebrahim Rayeesi in a meeting with his Russian counterpart Vladimir Putin underlined the need for the two countries to support strengthening the North-South corridor,…
Oil prices are expected to stay above $100 a barrel this year as Europe and other regions struggle to wean themselves off Russian supply, a Reuters poll…
Iranian President Ebrahim Raisi in a meeting with his Turkmen counterpart Serdar Berdimuhamedow on Wednesday said that the Islamic Republic is ready to further direct Turkmen gas…
OPEC and OPEC+ began two days of meetings on Wednesday with sources saying a big policy change was unlikely this month.
At its last…
Oil prices gained for a fourth straight session on Wednesday as data showed a drawdown in U.S. crude stockpiles, adding to ongoing worries of tight supply, which…