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January 09,2019
Gasoline imports could likely end by September if all goes well and there is no sharp spike in domestic consumption, CEO of the National Iranian Oil Refining and Distribution Company said.
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January 09,2019
The oil market is on its way to rebalancing, and the 1.2 million barrels per day in supply cuts by OPEC and its allies will be enough to finish the job in the first half of this year, UAE Energy...
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January 09,2019
India has begun paying Iran for oil in rupees, a senior bank official said Tuesday, the first such payments since the United States imposed new sanctions against Tehran in November.
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January 08,2019
Total investments in oil and gas in Norway are set for a second annual increase in 2019, but this year will likely be the peak of oil investments on the Norwegian Continental Shelf, as investments...
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January 08,2019
Extended financial constraints in and procrastination by Islamabad notwithstanding, energy officials in Tehran are still hopeful that the long-delayed gas project with Pakistan will eventually see...
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January 08,2019
The National Iranian Oil Products Distribution Company has plans to distribute 28 million liters of Euro-4 diesel nationwide on a daily basis by the end of the current fiscal in March, said the...
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January 08,2019
Households in some deprived regions in South Khorasan Province that have built solar panels on their rooftops are earning almost $75 per month, the head of the provincial Regional Electricity...
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January 08,2019
An energy expert on construction affairs says inefficient construction methods that disregard regional characteristics in building homes has led to massive energy waste in Iran.
"Firstly, home...
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January 07,2019
With brand-name drillers unwilling to jump in, Venezuela is resorting to a newly formed US company for help in shoring up production from its crude reserves, the largest in the world.
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January 07,2019
India's ONGC Videsh Limited has recorded its second oil discovery in Colombia, at onshore block CPO-5 located in the oil-rich Llanos Basin, company officials said Monday.
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January 07,2019
Ilam Gas Processing Company's power plant generated 67,000 megawatt hours of electricity in the last six months raising revenue and at the same time helping the national grid meet summer demand,...
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January 07,2019
Oil prices rose by more than 1% on Monday, lifted by optimism that talks could soon resolve the trade war between the United States and China, while supply cuts by major producers also supported...
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January 07,2019
Decades of drought and steep decline in precipitation have caused water levels in Sistan-Baluchestan Province's seven dams to fall to 429 million cubic meters, almost 22% of the total capacity of 1...
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January 07,2019
National Iranian Drilling Company has indigenized 5,000 more drilling parts in collaboration with domestic manufacturers and engineers over the past two decades, the head of NIDC's Technology and...
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January 05,2019
Annual water loss in urban areas (25%) is of epic proportions, director of the Consumption Management Office at the National Water and Wastewater Engineering Company said in Mashhad on Saturday.
“...
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January 06,2019
The global petrochemical industry is poised for solid growth over the next nine years, with nearly 1,158 planned and announced plants slated to come online primarily in Asia and the Middle East...
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January 06,2019
The largest solar farm, with a capacity to produce 1,000 megawatts of electricity, will be constructed in Markazi Province in central Iran, deputy governor for economic affairs said in the...
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January 06,2019
Iran and Afghanistan started a new round of talks on water sharing from the Hirmand (also known as Helmand) River and its tributary.
Afghan deputy minister of water, Khan Mohammad Takal conferred...
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January 06,2019
Trade talks resuming Monday between the US and China could signal whether crude and LNG flows will pick up between the two countries this year or stay mired in the trade dispute.
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January 06,2019
Subsea pipe laying of the second main pipeline of phases 22-24 of the South Pars Gas Field in the Persian Gulf hve been completed, the three phases’ development manager Farhad Izadjoo said.
Now...
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January 05,2019
Turkey's crude oil import profile is set for major changes this year following the re-imposition of US sanctions against its main crude supplier, Iran, coupled with the commissioning of Socar's new...
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January 05,2019
OPEC crude cargoes leaving for the United States in December dropped to the lowest level in at least five years, data from Refinitiv Eikon and market intelligence firm Kpler show.
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January 04,2019
Oil rose towards $57 a barrel on Friday after China said it would hold talks with the United States to look for solutions to a trade dispute, while signs of lower crude supply also supported prices...
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January 05,2019
The eight traditional customers that got a waiver from the US to continue importing specific quantities of Iranian oil are fully compliant with the sanctions, Iran's deputy oil minister for trade...
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January 05,2019
Iraq vowed on Friday to adhere to the production cuts agreed to by OPEC and its allies that went into effect at the start of the year.