Iran will develop oil industry despite U.S. sanctions – Zanganeh says

The minister was speaking before the signing of a $294-million contract between the National Iranian Oil Company and Persia Oil & Gas…
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Urea companies profitability may be affected due to revision in energy norms

Several players expected some relief in the implementation of energy norms through the extension of current energy norms for another couple of years…
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US oil and gas rig count falls to record low for 10th week: Baker Hughes

US oil and gas rigs fell by four to 181 this week, their lowest since June 2009, while gas rigs dropped by one to 75, matching its record low hit a couple of weeks ago, consistent with data going back to 1987…
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Libyan oil & gas company resumes exports after months of blockade

Libya on Friday shipped 730,000 barrels of petroleum from Es Sider, the country’s largest port, to Italy, consistent with Ali el-Farsi, the spokesman for the Waha Oil Corporation. The tanker was flagged under Liberia…
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Numaligarh Refinery records impressive first-quarter results despite pandemic

The refinery could also process around 8.1 TMT of petroleum imported from Petronas, Malaysia during the quarter…
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