Bosnia's Serb Republic plans to increase its gas imports from Russia as the industry needs more supplies, the leader of the Bosnian separatist region told Russia's Izvestia newspaper in remarks published on Monday.
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Goldman Sachs raised its summer 2024 Brent peak forecast by $2 a barrel to $87 as disruptions in the Red Sea contribute to modestly larger-than-expected draws in OECD commercial stocks, the bank said in a note dated Sunday.
Following the significant temperature drop over the past few days, the consumption of natural gas by Iranian domestic and commercial sectors reached 532 million cubic meters (mcm), an official with the National Iranian Gas Company (NIGC) announced.
Expert meetings of the 17th Iran-Russia Joint Economic Commission started in Tehran on Monday.
An additional 15 trillion standard cubic feet of gas have been proven at Saudi state oil company Aramco's Jafurah field, Energy Minister Prince Abdulaziz bin Salman said on Sunday.
Qatar will further raise gas production despite a steep drop in global gas prices, pushing ahead with plans to extract more of the resource amidst fierce competition with rivals such as the United States.
US Central Command in the Middle East known as CENTCOM has announced an attack on an American-flagged oil tanker in the Gulf of Aden off the Yemen coast.
In a strategic move to diversify its operations, Indian Oil Corp (IOC) has entered the shipping industry by acquiring two oil supertankers.
Iraq’s Prime Minister Mohammed Shia’ al-Sudani on Friday presided over the reopening of the country’s largest oil refinery that was captured by the Islamic State (ISIS) nearly a decade ago.
Suncor Energy, Canada's second-largest oil producer, will focus this year on cutting operating costs in its oil sands mining business, CEO Rich Kruger said on Thursday, as the company continues efforts to fix long-running underperformance.
India's crude oil imports rose to a monthly record in January after the Red Sea shipping crisis delayed the December arrival of cargoes from the Americas, data from trade sources showed.
The head of Iran’s National Petrochemical Company (NPC) stated that with the implementation of the Persian Gulf Star Oil Company (PGSOC)’s ammonia plant, 450,000 tons will be added to the country's ammonia production capaci
The Iranian Oil Pipeline and Telecommunication Company (IOPTC) reported a 4.5% increase in crude oil and petroleum product transmission in the first nine months of 2023 compared to the previous year.
Islamabad has expressed an interest in completing the much-delayed Iran-Pakistan (IP) gas pipeline project, said Iran’s oil minister on Wednesday.
Walmart -backed Indian e-commerce firm Flipkart has held discussions over potentially acquiring the on-demand delivery platform Dunzo, TechCrunch reported on Tuesday, citing three people familiar with the matter.
The chief executive of the National Iranian Oil Products Refining and Distribution Company (NIORDC) said his company has signed €70 million worth of contract with knowledge-based companies in the fields of oil refining and distribution sectors.
The chief executive of Iran’s Pars Special Economic Zone Organization said Iran has outpaced Qatar in the extraction of gas from joint fields.
top executive of state-owned Abu Dhabi National Oil Company (ADNOC) on Monday said the company's strategy was anchored around gas output and that Egypt has been identified as a market with a lot of potential.
The Pakistan-Iran gas pipeline project unfolds as a strategic partnership, providing affordable energy and sparking dialogue on energy independence. The 781-kilometer pipeline stretches from Gwadar to Nawabshah, promising an era of economic revival and energy security.
Iran exported commodities valued at $1.8 billion to India during the first ten months of the current Iranian calendar year (March 21, 2023-January 20, 2024), the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.