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March 16,2018
Saudi Arabia’s willingness to delay the initial public offering of state oil company Aramco to...
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March 16,2018
Iranian Oil Minister Bijan Namdar Zanganeh said OPEC is unlikely to change before the end of the year a deal among oil producers to reduce output.
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March 16,2018
The government is set to grant higher commission to distributors of compressed natural gas, an official at the National Iranian Oil Products Distribution Company said.
According to Fatemeh Kahi,...
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March 16,2018
Statoil ASA, Norway’s biggest petroleum company, will change its name to Equinor as it seeks to...
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March 16,2018
Incoming State Secretary Mike Pompeo could change foreign policy in a way that could trigger the loss of 1.4 million barrels per day in global crude supplies.
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March 16,2018
Oil prices were set to fall this week, despite a slight gain in both benchmarks on Friday, on concerns...
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March 16,2018
Talks between the National Iranian Oil Company and domestic and foreign upstream firms to increase output from 22 oil and gas fields have gained momentum, a senior official said.
"NIOC is close...
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March 14,2018
As crisis-stricken Venezuela is struggling with a steep decline in oil production, India’s average...
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March 14,2018
Italy's Carlo Maresca has launched a 10-megawatt solar power plant on the southern Iranian island of Qeshm.
The plant was officially inaugurated on Tuesday by Fabio Maresca, chairman of the...
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March 14,2018
The United States is ready to compete with Russia in the liquefied natural gas market in...
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March 14,2018
Saudi Arabia's Cabinet approved a national policy on the kingdom's atomic energy program.
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March 14,2018
The number of Iranian households, supplied with natural gas, will reach 23 million by mid-2021 that marks the end of the second term of the Hassan Rouhani government, the National Iranian Gas...
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March 14,2018
South Korea’s move to shut coal-fired generators to control air pollution at the same time...
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March 14,2018
Russia’s state-owned oil company Zarubezhneft signed a trilateral deal on Wednesday with the National Iranian Oil Company and Dana Energy Company for the development of Aban and West Paydar...
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March 13,2018
Iran's Oil Minister Bijan Namdar Zanganeh and Azerbaijan’s Minister of Economy Shahin Mustafayev discussed the prospects of promoting oil and gas cooperation in Tehran on Tuesday. The ministers met...
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March 13,2018
Oil rose on Tuesday, after Libya said loadings of crude at a key port had been suspended, offsetting...
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March 13,2018
Shale output at seven major US oil and gas plays will climb by 131,000 barrels per day next month to...
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March 13,2018
The Central Bank of Iran is currently holding negotiations with China on financing the second development phase of Abadan Oil Refinery in Khuzestan Province, the managing director of the National...
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March 13,2018
The National Iranian Drilling Company, a subsidiary of the National Iranian Oil Company, signed a memorandum of understanding on Monday with the Oil Industries Engineering and Construction Company...
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March 13,2018
Turkey's Gamma Company, a leading firm active in the energy sector, has signed a memorandum of understanding with Khuzestan Governorate on the production of petrochemicals, including polypropylene...
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March 13,2018
The debate over how to price natural gas has been settled, at least for exporters, and oil-indexing should prevail.
Prices have to be linked to crude oil to keep expected revenue predictable, with...
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March 13,2018
The first photovoltaic power station in Bushehr Province is ready to join the national power grid, the managing director of the province's electricity distribution company said.
"The hi-tech 100-...
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March 13,2018
Kurdestan Petrochemical Company in western Iran has exported over 215,000 tons of polyethylene, worth $263.6 million, in the 11 months ending Feb. 21.
According to NIPNA, the National...
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March 12,2018
Abu Dhabi National Oil Company said on Sunday it has signed 40-year agreements with Eni, awarding...
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March 12,2018
The National Iranian Oil Company has signed deals with five top Iranian universities on studying the country's hydrocarbon reserves and conducting oil and gas discovery activities.
The contracts...