Iraq's South Gas Company boss suggests Qatar and Oman as potential options for gas trade if the U.S. blocks Iraq's electricity imports from Iran.
TOP NEWS Feed Atom
World crude oil price today March 11, 2025
Brent crude futures rose 18 cents, or 0.3 percent, to $69.46 a barrel. U.S. West Texas Intermediate crude rose 9 cents, or 0.1 percent, to $66.12 a barrel.
The head of the Iranian Parliament's Article 90 Committee stated that the Oil Ministry is seriously pursuing the collection of associated petroleum gas (APG) but emphasized that the process needs to be accelerated.
Union Minister Hardeep Singh Puri stated that India is in a favorable position for green hydrogen growth in terms of infrastructure, storage, and supply.
World crude oil price today March 10, 2025
Brent crude fell 31 cents, or 0.4 percent, to $70.05 a barrel. U.S. West Texas Intermediate crude fell 35 cents, or 0.5 percent, to $66.69 a barrel.
The Trump administration rescinded a waiver on Saturday that had allowed Iraq to pay Iran for electricity, as part of President Donald Trump's "maximum pressure" campaign against Tehran, a State Department spokesperson said.
Oil India Limited is exploring collaborations with international oil companies for deep and ultra-deep water exploration under the latest OALP bidding round, according to Chairman and Managing Director Ranjit Rath.
The CEO of the South Pars Gas Complex (SPGC) announced great amount of savings resulting from the domestic production of strategic parts and equipment by local companies.
US President Donald Trump said that India has agreed to “cut their tariffs way down,” signalling a potential shift in trade relations between the two countries.
The project manager for the development of the Azar oil field has announced the successful completion of the commissioning and operational launch of the field’s gas facilities.
China's crude oil imports decreased by 5% in 2024 due to the Biden administration's sanctions on Russian energy, impacting international flows.
India's BPCL plans to issue a tender for U.S. WTI crude in four consecutive months this summer, according to a source familiar with the plans.
World crude oil prices today, March 7, 2025
Brent crude futures rose 93 cents, or 1.34%, to $70.39 a barrel by 1017 GMT. U.S. West Texas Intermediate futures rose 88 cents, or 1.33%, to $67.24 a barrel.
India received more than half the UAE’s LNG exports in the first nine months of 2024 while the rest were supplied to other Asian markets, an official report shows.
The head of maintenance engineering at the South Pars Gas Complex announced that major overhauls of the facility’s refineries will begin next Iranian calendar month.
World crude oil price today, March 6, 2025
Brent futures were trading up 50 cents, or 0.72%, at $69.80 a barrel, while U.S. West Texas Intermediate crude (WTI) futures climbed 48 cents, or 0.72%, to $66.79 a barrel.
U.S. exports of crude oil to India last month climbed to their highest in over two years, ship tracking data showed, as refiners in the country sought alternative supplies following tighter U.S. sanctions on Russian producers and tankers.
A faculty member at Allameh Tabataba'i University stated that the oil industry requires substantial investment, emphasizing that existing perspectives on concession agreements need revision.
The CEO of the National Petrochemical Company (NPC) emphasized the importance of the Petrochemical Industry Excellence Award, stating that the successful presence of petrochemical companies in various fields has driven industry players toward excellence and progress.
The head of maintenance engineering at the South Pars Gas Complex announced that major overhauls of the facility’s refineries will begin next Iranian calendar month.