Senior Iranian lawmaker Ali Motahari said that Washington’s unilateral sanctions have been detrimental even to US’ allies like Japan whose economy has always been dependent on crude imports from Iran.

Recent fire incidents in 2 oil tankers in the Gulf of Oman seem to have started by technical issues. a maritime official of Iran said.

Falih hopes oil producers will be able to balance the oil market before next year.

The gas storage center at the Khangiran gas field has been exploited to store natural gas at 10 million cubic meters.

The use of Bitcoin causes around 22 megatons in carbon dioxide emissions annually -- comparable to the total emissions of cities such as Las Vegas or Hamburg.

Chemists have devised a potentially major improvement to both the speed and durability of smart glass by providing a better understanding of how the glass works at the nanoscale.

UN Chief urged Friday an independent probe to investigate recent attacks on two oil tankers in the Gulf of Oman.

The U.S. political and military standoff with Iran hardened as conflicting narratives about a pair of attacks on tankers near the Persian Gulf stoked regional tensions and raised the risk of a miscalculation.

Schulich bought about 5% of MEG Energy for the first time in the last couple of weeks. underscoring his bullish view on energy despite his concerns that Canada is squandering its resource legacy.

Houston American Energy Corp. today announced an update on operations on the Frost #1H well located in the Northwest Shelf of the Midland basin. in Yoakum County. Texas.