-
September 09,2014
More than 2.75 billion liters of gasoline was consumed in the first five months of the Iranian calendar year (beginning March 21), the managing director of Tehran's National Iranian Oil Refining and...
-
September 09,2014
Anahita refinery in Kermanshah Province is to be privatized, said the planning director of National Iranian Oil Refining and Distribution Company (NIORDC), Shana reported.
-
September 09,2014
Iran's negotiations with China and Russia are underway during the 11th Iran-Russia Joint Commission to assess possible ...
-
September 08,2014
Iran and Russia are expected to sign an agreement to strengthen economic cooperation, said the deputy oil minister, Ali Majedi. The agreement is to be ...
-
September 08,2014
China's crude oil imports in August recovered to an average 5.96 million b/d, surging 17.5% year on year, according to preliminary data released Monday, by the country's General Administration of...
-
September 08,2014
Brent crude fell below $100 a barrel for the first time since June 2013, as a slowdown in imports into China reinforced signs that global markets are comfortably supplied. West Texas Intermediate...
-
September 08,2014
Details of a plan were outlined Monday that will help conservation and save energy costs to the tune of several billion dollars.
Six of the plans to this effect are finalized and should save $12...
-
September 08,2014
Iran has turned into one of the biggest energy grids in the world, with 70 percent of the energy coming from gas, Oil Minister Bijan Namdar Zanganeh said Sunday after opening the Shourijeh storage...
-
September 08,2014
Illustrating the huge costs incurred by the government to produce and supply electricity, Hamid Chitchian, the energy minister, called on people to reduce electricity consumption.
-
September 07,2014
Propylene production will emerge as a key priority of Iran's growing petrochemical industry and a significant volume of the 24-million-ton methanol capacity would be transformed ...
-
September 07,2014
Two major Indian companies and a British firm clinched the lion's share of oil project contracts worth $4b awarded by ...
-
September 07,2014
Iran's Offshore Engineering and Construction Company (IOEC) is building five oil platforms in its construction yards in ...
-
September 07,2014
"We're driving profitability up for this business as we look into the '14 time frame and as we look into the strategic plan we lay out for the next three ...
-
September 07,2014
In the first five months of the current Iranian calendar year (began March 21), Iran crude exports surpassed projections by almost 8%, generating ...
-
September 07,2014
Royal Dutch Shell Plc (RDSA), which signed the first shale-gas production sharing contract in China, will trim its project in Sichuan province because of geological challenges and the area’s dense...
-
September 07,2014
The world’s largest floating solar installation is set to begin construction this month in Japan.
-
September 07,2014
Of the $2.1 billion required for construction of Kharg natural gas liquids (NGL) project, $600 million is planned to be taken from Iran's National Development Fund (NDF), and the balance from the...
-
September 07,2014
Shourijeh facility places Iran as the leading country in the region in terms of gas storage and fifth in the world.
-
September 06,2014
By launching the 9th pipeline of national gas network, which requires an estimated $8.5 billion investment, Iran is creating the infrastructure for gas export to Europe.
-
September 06,2014
The prospect of up to $18 billion in new fines for the 2010 Gulf of Mexico oil spill could pressure BP to sell assets from the Americas to Asia and Russia, where its interests risk being dragged into...
-
September 06,2014
The days of producing and exporting subsidized electricity are over, ILNA quoted a deputy oil minister as saying.
-
September 06,2014
Following the oil ministry's declared aim to increase gas production by 100 million cubic meters per day (mcm/d), development operations of some phases of South Pars field are being conducted with...
-
September 06,2014
Saudi Arabia cut October selling prices this week to customers in Asia, Europe and the US, in a sign that OPEC’s largest producer is unlikely to curb production even amid an excess of crude oil...