The largest single pipeline carrying Russian gas to Germany began annual maintenance on Monday, with flows expected to stop for ten days, but governments and companies are…
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High-octane gasoline, plastics and many other everyday necessities are the result of complex processes that take place inside petrochemical plants and refining facilities. Those processes utilize a…
The CEO of the National Iranian Oil Refining and Distribution Company (NIORDC) said the knowledge of bitumen production in the country has been localized 100% and the…
France’s energy-intensive companies are speeding up contingency plans and converting their gas boilers to run on oil as they seek to avoid disruption in the event any…
Russian gas flows to Europe via the Nord Stream 1 pipeline and through Ukraine were stable on Friday, while reverse flows on the Yamal pipeline edged down…
Since the start of the war in Ukraine, the United States and its allies have leaned on countries to buy less Russian oil in a bid to…
When French President Emmanuel Macron whispered in Joe Biden’s ear last month that top global oil exporter Saudi Arabia has very little additional capacity to increase output,…
The Netherlands has met a goal of ending its dependence on Russian gas, its energy minister told Reuters in an interview, but as a major storage and…
Oil prices surged on Thursday, rebounding from steep losses the previous two sessions, as investors returned their focus to tight supply despite nagging fears of a potential…
TotalEnergies has agreed to transfer its remaining stake in Russia’s Kharyaga oil field to the country’s state producer Zarubezhneft, the French company told Reuters, in its first major…
Oil prices slid about 2% to a 12-week low in volatile trade on Wednesday, extending Tuesday’s heavy losses as investors grew more worried energy demand would take…
Iran’s Energy Minister Ali Akbar Mehrabian, at the head of a delegation, is to leave Tehran for Baku, Azerbaijan, today to review ways to widen cooperation as…
Iran has invested 7 billion dollars in a 7-year integrated development plan for Azadegan joint oilfields that will bring $14 billion extra revenue on a yearly basis…
Russia’s former president Dmitry Medvedev said Tuesday the oil prices could increase above $300-$400 a barrel if Japan caps the price of Russian oil at around half…
Iranian Oil Minister Javad Owji announced that the project for the development of Azadegan joint oilfield in the Persian Gulf will become operational with a 7-billion-dollar funding…
Norwegian offshore oil and gas workers went on strike over pay on Tuesday, the first day of planned industrial action that could cut the country’s gas exports…
Oil plummeted by about $10 a barrel on Tuesday on concerns of a looming global recession curtailing demand, even with expected supply disruptions as oil and gas…
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…
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…