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May 18, 2024
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May 18, 2024
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Oil Price
Iran, Venezuela mull over neutralizing US sanctions
Tuesday, 03 May 2022 17:35
Caracas (IP) - The Venezuelan President and the Iranian Oil Minister met to discuss ways to overcome the impact of US sanctions against both countries.
Iran ready to resume talks on joint gas field with Kuwait
Sunday, 01 May 2022 20:55
Tehran (IP) - Iran's ambassador to Kuwait announced Tehran's readiness to resume talks with Kuwait over the Arash (al-Durra) gas field.
Some EU members to veto any collective ban on Russian oil: Borrell
Friday, 22 April 2022 12:24
The European Union High Representative for Foreign Affairs says some EU members have said they will veto any collective ban on Russian oil.
Putin says Europe still needs Russian gas as Moscow turns east
Thursday, 14 April 2022 21:01
The Russian president has warned that Europe still needs Russian gas, but his country is turning east for energy exports.
Iran's oil production increases by 600k bpd
Sunday, 10 April 2022 19:37
Iran (IP) - The CEO of the National Iranian South Oil Company (NISOC) reported a 600k-barrel increase in Iran's oil production.
Slovakia to pay for Russian gas in rubles
Sunday, 03 April 2022 20:56
Slovakia has agreed to pay for Russian natural gas in rubles after Russia impose ruble pricing for gas on buyers from unfriendly countries.
Iran ranks first in world in terms of oil, gas reserves, official says
Sunday, 03 April 2022 11:16
Tehran (IP) - The CEO of the National Iranian Oil Company says the oil production capacity in the country has reached the level before the sanctions and that Iran ranks first in the world in terms of oil and gas reserves.
World Newspapers: President to tap oil reserves in bid to cut gas prices
Friday, 01 April 2022 20:58
Under growing pressure to bring down high energy prices, President Biden announced that the United States would release up to 180 million barrels of oil from a strategic reserve to counteract the economic impact of Russia’s invasion of Ukraine. 203
Yemen hits targets in Saudi Arabia's depths in large-scale op
Friday, 25 March 2022 21:08
Sana'a (IP) - Yemeni Armed Forces conducted a large-scale military operation in Saudi depths, which includes the successful targeting of Aramco's oil facilities.
Electric cars hard to find in US as gas prices skyrockets
Friday, 25 March 2022 14:33
Americans who are tired of skyrocketing gas prices and are thinking about the benefits of an electric ride find it challenging to find one in the market since the demand has outstripped the supply.
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