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April 27,2018
Energy Minister Reza Ardakanian has underlined the need to expand water treatment projects, especially in drought-hit regions, for tackling water shortage.
Referring to the unprecedented decline...
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April 27,2018
BP Plc. has announced that it has signed a production sharing agreement with the State Oil Company...
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April 27,2018
China kept fuel exports to North Korea to a trickle in March and exported no corn for a third straight month...
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April 27,2018
Italian oil major Eni on Friday reported a 31% rise in first-quarter profits, boosted by higher oil prices and...
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April 25,2018
Iran's Research Institute of Petroleum Industry has discovered more shale reserves in the Sea of Oman, the head of RIPI said.
"The landmark discovery of oil and gas deposits in the region, made in...
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April 25,2018
Aramco Trading, the commercial arm of oil giant Saudi Aramco, will be looking to trade up to 6 million...
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April 25,2018
The distribution of Euro-4 diesel will commence in June throughout the country, a deputy at the National Iranian Oil Products Distribution Company said. "Currently Euro-4 diesel production stands...
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April 25,2018
The state-run National Iranian Gas Company is determined to expand its presence in the world market and advance Iran's gas exports, the managing director of NIGC said on Tuesday.
Outlining his...
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April 25,2018
Oil prices on Wednesday fell back from more than three-year highs reached the previous session...
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April 25,2018
India purchased about 700,000 barrels of crude oil from Iran in March hitting a record high in the history of the two countries oil trades, according to a statement by Oil Ministry. Iran's oil...
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April 25,2018
Germany is ready to develop energy ties with Iran by focusing on water and solar collaboration, the European country’s ambassador to Iran said on Tuesday.
“Germany’s investments in the solar power...
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April 24,2018
Abadan Oil Refinery in Khuzestan Province plans to start the production of Euro-4 gasoline from early May, as the aging refinery has been overhauled to improve the quality of petroleum products,...
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April 24,2018
US crude oil and condensate exports to Europe are expected to hit an all-time high of around...
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April 24,2018
Electric buses were seen as a joke at an industry conference in Belgium seven years ago when the...
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April 24,2018
Iraq has paid all its dues related to natural gas imports, the head of National Iranian Gas Company said. "NIGC is ready to supply Rumaila Gas Power Plant in Basr, as soon as Iraqi officials...
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April 24,2018
In line with the government's drive to increase the share of value-added exports, the National Petrochemical Company aims to expand the country's petrochemical production map.
"The completion of...
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April 24,2018
Brent crude oil rose for a sixth day on Tuesday to hit its highest since November 2014 at over...
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April 24,2018
The much-anticipated international listing of Saudi Aramco—the world's largest oil company—is likely...
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April 24,2018
In line with the government's push to speed up production from fields shared with its western Arab neighbor, operations to drill 17 wells in Azar Oilfield, located in Anaran block bordering Iraq in...
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April 23,2018
Britain and South Korea are in talks to protect an arrangement of tax breaks for Korean buyers of North...
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April 23,2018
Oil prices dipped on Monday as a rising US rig count implied further increases in output, marking one...
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April 23,2018
The first offshore platform of South Pars Gas Field's Phase 14 in the Persian Gulf will come on stream by late May, the director of the phase said on Sunday.
"The drilling of seven wells at...
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April 23,2018
The Organization of Petroleum Exporting Countries and participating non-OPEC countries have achieved...
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April 23,2018
Egypt aims to attract foreign investments in the oil and gas sector to reach about $10 billion in the...
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April 23,2018
Iran’s defense and oil ministries signed a contract on Monday for transferring natural gas via pipeline from the city of Iranshahr to Chabahar in Sistan-Baluchestan Province.
According to Shana,...