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Iran, Oman agree to revive gas supply deal

Iran and Oman agreed to revive a gas supply deal that dates back to two decades ago, according to a report by IRNA.

Russia halts gas exports to Finland, takes Mariupol steelworks

Russia claimed victory in a months-long battle for Mariupol’s Avostal steel plant, taking it a step nearer to its goal of controlling Ukraine’s Donbas region, and halted gas exports to Finland in an escalation of an energy payment dispute with Western nations.

Iran’s natural gas output to increase by 45 mcm in year to March

The National Iranian Gas Company (NIGC) will add around 45 million cubic meters (mcm) per day to the country’s natural gas output in the year to March 2023, said the CEO of the state-run company as he indicated that Iran’s gas supply to Iraq and Turkey may increase in the future.

Oil jumps as Russian gas flow to Europe falls

Oil jumped almost 5% on Wednesday after plunging nearly 10% in the last two sessions, buoyed by supply concerns as flows of Russian gas to Europe fell and the European Union worked on gaining support for a Russian oil embargo.

Russia's Gazprom continues gas exports to Europe via Ukraine

Russian gas producer Gazprom said it was supplying natural gas to Europe via Ukraine on Sunday in line with requests from European consumers.

South Pars Phase 11 gas production to hit 14mcm

Iran’s giant South Pars Gas Field Phase 11 to produce 14 million cubic meters (mcm) per day by the end of the current Iranian year (March 20, 2023), announced an official with the National Iranian Oil Company (NIOC).

Hike in fuel prices expected as Russia halts gas supplies to Poland, Bulgaria: Experts

Iranian energy experts said the global market will witness an increase in gas and oil prices as Russia halted gas supplies to Bulgaria and Poland on Wednesday for rejecting its demand to pay in rubles.

Iran’s oldest gasoline pump

The photo shows Iran’s oldest gasoline pump in the Museum of Gas Stations in Tehran, which dates back to about 100 years ago.

Iraq to dispatch a delegation to Tehran to discuss gas supply

An Iraqi delegation will travel to Iran to resolve gas supply issues amid efforts to prevent a shortage of electricity in the Arab country over the warm summer months.

German economic institutes see sharp recession if Russian gas cut off

Germany would face a sharp recession if gas supplies from Russia are suddenly cut off, the country's leading economic institutes said on Wednesday, and the government said the conflict in Ukraine poses "substantial risks" for Europe's largest economy.

Saudi Arabia, Kuwait after negotiations with Iran over joint gas field

Saudi Arabia and Kuwait affirmed their right to exploit the natural resources in their joint natural gas field.

Iran kicks off operations to boost gas production

Iranian Oil Minister Javad Owji said his ministry has started output enhancement operations in some of the country’s gas fields to supply more gas to the country’s refineries.

Iraq will need ‘suitable’ Iranian gas for years: Iraqi minister

The Iraqi electricity minister has described gas imports from neighboring Iran as suitable and inexpensive, saying his country “will need Iranian gas for years.”

Iran to begin development of joint gas field in Persian Gulf soon

Iran will launch a plan to develop the Arash natural gas field shared with Kuwait and Saudi Arabia in the near future, after the two countries agreed to begin development activities in the offshore field without Tehran.

Iran to nearly double gas storage capacity to 6 bcm

The Iranian Oil Ministry plans to expand its underground gas storage (UGS) facilities in the center and northeast of the country to allow better management of gas resources during cold winter months.