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India is pushing ahead with plans to boost the country’s nuclear power capacity to meet its growing energy needs and reduce its carbon footprint. This is despite hurdles such as the cost and public opposition owing to safety concerns. The Indian government plans to triple its nuclear power generation capacity …

Covid lockdowns, a property market crisis and a struggling domestic economy weren’t enough to slow down China’s oil giants as they posted record first half profits. PetroChina Co., Sinopec and Cnooc Ltd. each said they made historic amounts of money in the January-to-June period as surging prices for the oil …

The managing director of National Iranian Gas Company (NIGC) has said the country’s gas revenues have increased by 64 percent since the current government took office last August, IRNA reported. “An 11 percent increase in gas exports to Turkey and the continuation of negotiations to increase exports, the collection of …

Statistics showed that Iran’s non-oil exports value from August 23, 2021 to June 21, 2022 topped $44 billion, showing a hike as compared to the same period of last year. Iran exported 104.452 million tons of non-oil goods, valued at $44.254 billion since the 13th government under President Raeisi took …

Iraq’s Mass Group Holding has bought Romania’s Mintia thermal power plant (TPP) from Hunedoara Energy Complex (CEH) for 91.2 million euro ($91 million) in a public auction, and plans to invest over 1 billion euro in the plant in the coming years, the company’s judicial administrator Expert Insolventa said on …

Pointing to the signing of a memorandum of understanding (MoU) between Iran an Nigeria on cooperation in variou fields including exports of technical and engineering services and petrochemical products (Urea), Iranian Oil Minister said, “The two countries have great capacities that can use them to expand bilateral relations in the …

BP is still in the process of assessing when a restart of the affected units of its Whiting refinery can take place, BP told Oilprice.com on Friday. BP continues to work “with local and state agencies as we continue to monitor the impact” of the electrical fire, which saw no …

Tehran is ready to increase its oil exports immediately after the sanctions are removed, Iranian Minister of Petroleum Javad Owji said on Friday, noting that in the first year of the 13th Iranian Government, over $100 billion of oil and gas agreements have been signed. Owji said on Friday on …

US and Iran remain at loggerheads over key details of an emerging deal to revive a landmark nuclear agreement and may need several weeks to resolve their differences, US media said quoting officials familiar with the talks. Expectations of an imminent breakthrough grew as Washington and Tehran responded to a …

The United Arab Emirates (UAE) has similar views to Saudi Arabia on the crude oil markets, a source familiar with the UAE’s thinking told Reuters on Friday, as speculation intensifies over whether the OPEC+ group would consider making new cuts to production again. The idea of new OPEC+ cuts, just …