Mohsen Paknejad, Iran's Oil Minister, in a meeting with the visiting Azerbaijani Deputy Prime Minister Shahin Mustafayev called for the ...

Refinery margins for petroleum refiners across the world are shrinking, indicating reduced profitability from refining crude oil and selling petroleum products.

Turkish Energy Minister Alparslan Bayraktar announced that Turkey is approaching a critical phase regarding its natural gas supplies in 2025/26, with several key import contracts set to expire, ...

As China, the world's second-largest oil consumer, may reach a peak in refined product demand by 2027, the implications for the global oil market and prices are significant.

Saudi Aramco has canceled plans to build a refinery and chemicals project in the kingdom and is reviewing three others as it evaluates spending plans with a focus on expanding in Asia.

The agreement encourages collaboration in the areas of petroleum, petrochemicals, gas, electricity, renewable energy, and energy efficiency.

The world oil market is heading for a sizeable surplus in the new year, the International Energy Agency said on Tuesday ...

The OPEC ‘Monthly Oil Market Report’ is a monthly publication of the OPEC Secretariat focusing on short-term developments in ...

The 5th International Conference on the ‘New Technologies in the Oil, Gas and Petrochemical Industries of Iran’ will be held ...

Total OPEC-12 crude oil production averaged 26.04 mb/d in September 2024, which is 604 tb/d lower, m-o-m. Crude oil output ...

Azerbaijan produced 37.1 billion cubic meters  (bcm) of natural gas in the first nine months of 2024, with 18.4 bcm exported to international markets, ...

India’s Oil and Natural Gas Corporation (ONGC) is exploring plans to set up mini-LNG plants in India to utilise natural gas from ...