Despite tightening Western sanctions, Iran’s oil exports reached 587 million barrels in 2024, marking a significant 10.75% increase from the previous year, with China emerging as the dominant buyer, ...

The withdrawal marks the demise of a yearslong effort in which Tehran used Syria as a hub in its regional strategy to spread influence and wage proxy war against the U.S. and Israel.

French President Emmanuel Macron warned that Iran’s nuclear program is on a potentially irreversible course, nearing a point ...

China’s independent oil refineries face a reckoning this year as Beijing tackles overcapacity in the industry, and the crude ...

A court in Russia has ordered Yandex to hide access to maps and photos of an oil refinery for the first time since Ukraine's ...

Reduced oil supply from Iran and Russia due to U.S. sanctions and pressure from OPEC+ is causing a surge in prices for Middle ...

Italian oil major Eni has been moving along a similar trajectory to Repsol. The company has revamped two of its refineries in Italy to produce renewable fuels (Gela and Venice), it's developing a ...

In 2024, a majority of voters in the democratic world cast their ballots. Incumbents fared badly in most. Domestic political maps were remade in Mexico, South Africa and India, in ...

The year is almost over. The year 2024 is ending. In different parts of the world the countdown has begun, with elaborate fireworks heralding the beginning of a New Year 2025. The year 2024 was ...

TABNAK, Dec 23: The Islamic Consultative Assembly’s Research Center said in its report that Iran’s Abadan Refinery had supplied some 1.3 billion ... the report said. The Iranian Oil Ministry said ...

Deputy Head of NIORDC Mohammadali Dadvar stated that the average daily production of oil in the first five months of the current Iranian year (started March ... hope that the new units at the Abadan ...

Syria's largest oil refinery, Baniyas, has reportedly halted its operations after losing crude shipments from Iran, its primary supplier. The Financial Times cited Syrian refinery's General ...