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Iran boosts natural gas output by 10 mcm per day
Dec 28, 2022 02:25The National Iranian Oil Company (NIOC) says it has completed overhaul of a key natural gas liquids (NGL) project in southern Iran to allow the country to increase its overall natural gas output by some 10 million cubic meters (mcm) per day.
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Iran halts gasoline exports amid rising domestic demand
Dec 25, 2022 02:38An Iranian Oil Ministry official says the country has halted taking new orders for exports of gasoline as domestic demand for the fuel rises to all-time highs.
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EU ministers fail again to clinch deal on natural gas price cap
Dec 14, 2022 12:19European Union (EU) energy ministers have failed to reach an agreement on an upper limit price for purchasing natural gas for countries in the bloc despite months of negotiations.
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US, Europe to impose price cap on Russian oil 'in next few days'
Nov 23, 2022 07:51The United States and its European allies have devised a plan to impose a price cap on Russian oil in "the next few days" in an effort to slash Moscow's oil revenues.
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Iran ramps up gas production with eye on European market crunch
Nov 16, 2022 08:03The gas output from Phase 11, and from all other 23 phases of supergiant South Pars natural gas field, will be increased dramatically, a senior oil industry figure close to Iran's Ministry of Petroleum has said.
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Iran’s household gas usage up 33% in week to Nov. 11: NIGC
Nov 13, 2022 03:30The National Iranian Gas Company (NIGC) says gas consumption by households jumped 33% in the week to November 11 with a 4-degree drop in average temperature in the country.
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Iran to double gas supply to Armenia under renewed swap agreement
Nov 01, 2022 16:19Iran will double its natural gas supply to Armenia under an extended gas-for-electricity swap deal that will run until early 2031.
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Russia denounces UK for 'directing, coordinating' Nord Stream pipeline explosions
Nov 01, 2022 14:23Russia has once again accused the United Kingdom of 'directing and coordinating' explosions on the Nord Stream gas pipelines on the floor of the Baltic Sea in late September.
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UK gas shortage: Fears grow as just several days' supply left
Oct 30, 2022 05:01British Gas owner Centrica has warned that it has about a week's worth of gas left in its storage facilities amid an energy crunch across Europe.
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World is in its 'first truly global energy crisis': IEA's Birol
Oct 26, 2022 02:34Tightening markets for liquefied natural gas (LNG) worldwide and major oil producers cutting supply have put the world in the middle of “the first truly global energy crisis”, the head of the International Energy Agency (IEA) said on Tuesday.