Iran has bettered Qatar in developing its share of the joint South Pars Gas Field over the past six years.
South Pars is the world’s largest gas field located on the joint border between Iran and Qatar in the Persian Gulf. Daily gas production on the Iranian side was 285 million cubic meters in...
Japanese refiner Cosmo Oil will load around 900,000 barrels of Iranian Heavy crude oil in early March as local refiners are rushing to lift as much barrels from Iran during the current 180-day US sanctions waivers, sources with direct knowledge of the matter told S&P Global Platts Tuesday....
Electricity experts from Iran, Russia and Azerbaijan are in Moscow, discussing technicalities of creating an energy corridor that envisages the export of electricity from Russia to Azerbaijan and Iran, Russia’s Deputy Energy Minister Anatoly Yanovsky said Monday.
"The three sides are expected to...
Oil inched lower on Tuesday to extend losses of more than 3 % from the previous session, easing after US President Donald Trump called on OPEC to rein in its efforts to boost prices.
International Brent futures were at $64.70 a barrel, down 6 cents, or 0.1 %, from their last close.
Brent,...