The head of Iran’s National Development Fund (NDF) said the fund is going to invest $35 billion in the oil industry within the next five years, IRNA reported on Monday.
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Managing Director of the National Iranian Gas Company (NIGC) Majid Chegeni, in a message, said on Sunday the country thwarted the sinister plots of the enemies who exploded gas pipelines in terrorist attacks.
Sharing insights into India's burgeoning gas sector, Executive Director and CEO of Adani Total Gas Limited Suresh P Manglani has forecast a 5 per cent to 6 per cent increase in natural gas consumption in 2024, commensurate with an estimated economic growth of 6 per cent-7 per cent in the country.
The New York Times has confirmed lingering speculations over Israel's role in recent acts of sabotage inside Iran.
The fueling infrastructure was developed in Iran by opening 16 new stations across the country, Shana reported on Saturday.
Egypt is continuing to pay energy groups despite the difficult situation it is going through because of the conflict in Gaza, the Chief Executive of Italy's Eni Claudio Descalzi said on Friday.
Canada has proposed changes to its draft clean electricity regulations that aim to achieve a net-zero emissions power grid by 2035 after receiving extensive feedback during consultations, the federal environment minister said on Friday.
Canada's western provinces are selling fracked gas as a global climate solution. But experts across the Pacific say that’s ‘outdated’ and inaccurate.
India has resumed imports of Russian Sokol oil after a two-month gap with at least two refiners so far taking deliveries of the light sweet crude in February, four trade sources said and ship tracking data showed.
The head of the technical office of Iran Small Industries and Industrial Parks Organization (ISIPO) has said that five solar parks are currently being constructed across the country, Mehr News Agency reported.
Villages near the two gas pipelines exploded in western and southern Iran in terrorist attacks have been reconnected to the national grid, said Oil Minister Javad Owji on Wednesday.
Shell said on Tuesday it will not proceed with the Nebras petrochemical project in southern Iraq as part of its review of its operations in the sector that has seen a sharp drop in profits in recent years.
The managing director of Iran Power Plant Repairs Company has said renovating power plant equipment and parts has saved the country $200 million a year, IRNA reported.
An Indigenous community in Alberta on Monday criticized Obsidian Energy for failing to address ongoing concerns about its operations after regulators said the Canadian oil and gas producer was responsible for a series of earthquakes.
Algeria has launched the official website for the upcoming 7th Gas Exporting Countries Forum (GECF) Summit of Heads of State and Government, scheduled to take place in Algiers, the Democratic Republic of Algeria, on March 2, 2024.
In January, India experienced an 8.2% year-on-year increase in fuel consumption, according to government data released. This surge was attributed to robust industrial activity in the country, which is the world's third-largest oil consumer.
India has signed the world's largest LNG deal with Qatar, ensuring uninterrupted supply for 20 years. Petronet's renewal of the 7.5 million tonnes per annum contract, signed in 1999, will help India achieve clean energy goals.
The head of the NIOC has said the company is going to ink contracts worth $14 billion with domestic companies for the development of the country’s oil and gas fields by the end of the current Iranian calendar year.
India's oil and gas sector is experiencing growth due to increased demand, strategic investments, and a shift from Russian crude imports, indicating a promising future for the nation's economic recovery.
The National Iranian Gas Company managing director said domestic manufacturers are now meeting about 98 of NIGC’s needs.
