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September 04,2018
Gasoline consumption in the fifth Iranian month that ended on Aug. 22 reached an unprecedented average of 100 million liters per day, forcing the National Iranian Oil Products Distribution Company...
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September 04,2018
President Hassan Rouhani inaugurated three major petrochemical ventures in the southern city of Asalouyeh in Bushehr Province on Tuesday, in a ceremony attended by Oil Minister Bijan Namdar...
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September 04,2018
Qatar has set the August retroactive official selling price for its Marine crude at $72.9 per barrel, down...
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September 04,2018
Japan's major oil wholesalers are preparing to suspend crude oil imports from Iran in October...
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September 04,2018
The National Iranian South Oil Company, a subsidiary of state-owned National Iranian Oil Company, signed two contracts, worth $1.2 billion, on Tuesday with two domestic companies on preventing the...
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September 04,2018
US crude oil has not traded at $95 a barrel since 2014, but this is the year that could change.
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September 03,2018
Half of electricity network installations in Tehran, Alborz and Qom provinces are over 20 years old, raising the vulnerability of the grid, the head of Tehran Regional Electricity Company said.
“...
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September 03,2018
India and France have joined hands to spearhead a global "solar revolution" with the aim of...
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September 03,2018
Oil prices rose on Monday, supported by concerns that falling Iranian output will tighten markets once...
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September 03,2018
To supply underprivileged regions with gas, a large compressed natural gas station became operational in Nain County in Isfahan Province, managing director of Isfahan Gas Company said on Monday.
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September 03,2018
In line with the Energy Ministry's push to boost output from joint hydrocarbon reservoirs, Iran's Petroleum Engineering and Development Company (PEDEC) is making efforts to ramp up crude production...
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September 03,2018
Top oil exporter Saudi Arabia is expected to keep prices for the light crude grades it sells...
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September 03,2018
After 24 years, Denmark will start importing oil again, primarily due to lower...
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September 03,2018
President Hassan Rouhani is due in the southern city of Asalouyeh in Bushehr Province this week to inaugurate petrochemical ventures. According to NIPNA, the National Petrochemical Company's...
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September 02,2018
Libya’s oil production has been holding at around 1 million barrels per day for the past couple...
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September 02,2018
Statistics indicate that the world's natural gas demand will grow 50% by 2040, a senior official from the Gas Exporting Countries Forum said.
"This means that natural gas will play a key role in...
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September 02,2018
Operations to drill 11 offshore wells in the Persian Gulf are being carried out by the Iranian Offshore Engineering and Construction Company, the contractor of South Pars Phase 14 said on Sunday...
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September 02,2018
The National Iranian Oil Company's Health, Safety and Environment Department has outlined measures implemented in the past 12 months as well as its future plans.
“Devising and implementing HSE...
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September 02,2018
Russian oil output stood at 11.21 million barrels per day in August, unchanged from 11.21 million...
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September 02,2018
An overhang of unsold crude in the Atlantic Basin has halved in recent weeks, suggesting oil traders...
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September 02,2018
Raising production at South Azadegan Oilfield in the oil-rich Khuzestan Province tops the priority list of the Petroleum Engineering and Development Company (PEDEC) in the current Iranian year (...
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September 02,2018
Technological advances and an increased awareness of the dangers posed by climate change are...
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September 01,2018
The US administration said on Friday that six companies, including ExxonMobil Corp, Marathon...
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September 01,2018
OPEC oil production has risen this month to a 2018 high as Libyan production recovered...
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September 01,2018
The First Iran International Gas Show (IRGS 2018) opened on Saturday at Tehran's Shahr-e-Aftab International Exhibition Complex. The four-day event, with a focus on "domestic capabilities,...