On Thursday, the Iraqi Ministry of Electricity spokesperson Ahmed Moussa revealed that a shortage in imported Iranian ...

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.

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.

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

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.

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 increased mainly in IR Iran,... Azerbaijan produced 37.1 billion cubic meters ...

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

Established by highly experienced oil & gas professionals in 2000, IranOilGas Network is the leading independent Iranian oil, gas & petrochemical information network providing a variety of consultancy ...

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

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