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…
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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),…
Russia’s oil production is forecast to remain stable until 2025, its Deputy Energy Minister Pavel Sorokin said, while Moscow plans reserves in order to make its supplies…
Tehran will host the 14th edition of Iran Petrochemical Forum (IPF) at the IRIB International Conference Hall on May 1-2.
As reported, this edition…
The group of Brazil, Russia, India, China and South Africa (BRICS) will for the first time attend the Iran Petrochemical Forum (IPF), announced a National Petrochemical Company…
Oil producers should avoid making commitments that will pay off years from now when the market could be far weaker than at present.
Not…
The National Iranian Oil Company (NIOC) managing director said on Saturday the first phase of the NGL 3200 project will become operational soon, describing it as a…
The Group of Seven rich nations have agreed to call for reducing gas consumption and increasing electricity from renewable sources while phasing out fossil-fuels faster and building…
The Biden administration on Thursday approved exports of liquefied natural gas from the Alaska LNG project, a document showed, as the United States competes with Russia to…
Oil prices are on course for their fourth consecutive weekly gain, with WTI trading above $82 and Brent trading above $86.
In its latest…
Oil prices fell a dollar a barrel on Thursday, as an OPEC report stoked summer demand worries and traders took profits after benchmarks scaled multi-month highs in…
Oil products shipments from TotalEnergies’ Donges and La Mede refineries were disrupted on Thursday, a company spokesperson said, with 20% of operational staff having joined strike action…
In 2020, Saudi Energy Minister Prince Abdulaziz bin Salman warned he would “make sure whoever gambles on this market will be ouching like hell.”
As announced by the Iranian deputy energy minister, 6,100 megawatts (MW) was added to the country’s electricity generation capacity in the past Iranian calendar year 1401 (ended…
The managing director of South Pars Gas Complex (SPGC) announced that more than 110 million barrels of gas condensate were sent to Persian Gulf Star Refinery (PGSR)…
Russia started fuel exports to Iran by rail this year for the first time after traditional buyers shunned trade with Moscow, according to three industry sources and…