Iran’s trade with African states reached 2.65 mn tons worth $1.41 bn during the first 8 months of current Iranian year (March 21-Nov. 21), registering a 53.55% and an 82.51% rise in weight and value year-on-year, respectively. South Africa with 526,830 tons worth $287.11 million was the main trade partner …

The construction of the first phase of Iran’s first coal-fired power plant in Tabas, South Khorasan Province, has registered a work-in-progress rate of 35%. Based on data from the Thermal Power Plant Holding Company, the boiler of the plant has been imported on account of its higher technology, which will …

For several years, oil and gas companies have found themselves the target of attacks from investors, the non-governmental sector, and governments for their alleged lead role in climate change. From shareholder resolutions pushing for greater commitments to reducing greenhouse gas emissions to lawsuits to force oil and gas operators to …

The Islamic Emirate of Afghanistan’s (IEA) Ministry of Industry and Commerce (MoIC) has welcomed Russia’s suggestion that it will export gas to Afghanistan and Pakistan. The ministry said in a statement on Saturday that the Islamic Emirate is fully committed to positive economic relations with all countries and has already …

Egypt’s Cabinet on Thursday approved several proposals that support the deployment of renewable energy and green hydrogen in various regions of the country. At a meeting in the New Administrative Capital chaired by prime minister Mostafa Madbouly, the Cabinet decided to allocate 141,075 feddans (228.8 sq mi/592.5 sq km) of …

Gazprom’s natural gas exports this year have fallen by close to 50 percent to 100.9 billion cubic meters outside the former Soviet Union, Bloomberg reported this week, citing a statement by the giant’s chief executive Alexander Miller. This is the lowest since 2000, the report noted. The drop was the …

China’s energy regulator presented its major achievements in energy development in 2022 and outlined its objectives for the coming year at the National Energy Work Conference on Friday. In 2022, China made significant strides in increasing oil and gas storage and production, with crude oil output reaching 200 million tonnes …

U.S. oil company Chevron has a tanker on the way to sanctioned Venezuela, where it will pick up a load of crude oil destined for the United States. The crude cargo will be the first Venezuelan crude oil shipment to arrive in the United States in almost four years, according …

National Iranian Oil Company (NIOC) produces 1 billion and 40 million cubic meters of gas daily from 23 gas fields in the country, said a NIOC official. The director of production supervision of National Iranian Oil Company (NIOC) said that currently, NIOC produces 1 billion and 40 million cubic meters …

The crude oil export ban for countries implementing the G7 price cap that Russia announced this week could stimulate more exports to India, the Economic Times has reported, citing Indian industry executives. Earlier this week, President Vladimir Putin said Russia will stop selling crude to any buyer that includes a …