Lebanese Minister of Energy and Water Walid Fayad said drilling of the first exploratory oil well in the country is expected to begin at the end of…
TOP NEWS Feed Atom
The secretary of Iran’s Free Zones High Council said that 350 investment packages are being prepared to attract foreign investors to the country’s free zones.
China’s commerce ministry has met independent oil refiners to discuss their deals with Russia, five sources with knowledge of the matter said, imports which have saved Chinese…
After Washington’s initial apprehension over Iraq’s new government, the U.S. wants to help Iraq address its economic woes and strengthen its democracy.
Top Iraqi…
On the sidelines of the exhibition “Supporting domestic production in the petrochemical industries of Iran” and in line with the final horizon of the Lamard Special Economic…
The U.S. is stepping up efforts to enforce sanctions on Iran’s energy exports.
The world’s largest crude importer and main customer of Iranian oil,…
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…
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…