Repayment of $1.5 billion loans for petrochemical projects will be settled by 2018, production manager at the National Petrochemical Company (NPC) said Monday.
Energy
Oil Minister Bijan Namdar Zanganeh said late Sunday “ Expanding the national gas grid in particular to Sistan and Baluchestan Province in the southeast is a priority” of his ministry.
After…
Poland is ready to contribute to Iran’s oil and gas fields’ development plan said Bogoslav Souzanski, manager of the Middle East department of the state-owned Polish oil and gas…
Iran has agreed to build a crude oil refinery in Indonesia following President Hassan Rouhani's recent visit to Jakarta, Fars news agency reported.
Iran's biggest solar power plant is slated to come into operation within the next two years in northwest Iran, said managing director of Sazeh Omid Negin Co., operator of the project.
Pakistan State Oil Co has issued its first tender to buy liquefied natural gas (LNG) after it recently completed an import terminal, industry sources said on Monday. The company is seeking four…
Asian refiners renewed their contracts for the purchase of oil from Iran, IRNA reported. Chinese, Indian, South Korean, Japanese and Turkish refiners have extended their oil purchase contracts…
China overtook the US as the world’s biggest importer of crude oil in April, the culmination of a seismic shift in global energy flows over the past decade. Chinese customs data showed crude oil…
Iran exported more than $450 million worth of oil and gas equipment in the last Iranian calendar year (ended March 20), said a member of board of directors at the Society of Iranian Petroleum…
Located on the Ring of Fire and home to more than 200 volcanoes, Indonesia is estimated to have about 28 GW of geothermal potential for power generation, which is about 40 percent of the…
Gas station owners' association has called for a further 15 percent decrease in compressed natural gas (CNG) prices, Tasnim news agency quoted Ardeshir Dadras the head of CNG association board of…
Despite the fact that the Oil Minister Bijan Namdar Zanganeh and the director of international affairs of the Iranian National Oil Co. (NIOC), Seyed Mohsen Ghamsari say exporting gas to…
Power consumption in Tehran is estimated to increase by 5.5 percent year-over-year in summer, and plans call for partial shutdown of industrial units to curb consumption during the peak demand,…
The National Iranian South Oil Company (NISOC) has launched enhanced oil recovery (EOR) projects at five of its oilfields to enhance the oil recovery rate, research and technology director at the…
Gasoline imports have hit a record high since implementation of Iran's subsidy reform plan, statistics published by Fars news agency suggests.
While gasoline consumption in the current year…
Azerbaijan’s state oil company SOCAR has suspended construction of the carbamide plant in Georgia’s territory, SOCAR president Rovnag Abdullayev told reporters. This decision has been made because…
The Korean Petro Artoon Co. (PAC) insulation warehouse, located in Asaluyeh, was damaged in a fire late Saturday, Fars news quoted Kazem Moradi the director general of disaster management office…
Comision Federal de Electricidad (CFE), Mexico’s state-owned power company, expects $16.6 billion will be spent on infrastructure including pipelines and power projects in the coming years as the…
Gazprom CEO Alexey Miller and Vice President of China National Petroleum Corporation (CNPC) Wang Dongjin signed an agreement on the basic conditions of gas supplies from Russia to China…
Iranian private firms will build five compressed natural gas (CNG) stations in Iraq, director of CNG stations establishment projects said, Shana news agency reported.
Although now not working on any joint oil projects, "our company is seeking ways to expand technical cooperation with Iran in the oil and gas sectors," said the head of engineers' trade promotion…
In spite of the crippling sanctions and international restrictions, Iran Nasb Niroo Co. (INNC) managed to indigenize the complete platform package for up to two megawatt steam turbines; Shana news…
Oil production from the Organization of the Petroleum Exporting Countries (OPEC) totaled 30.93 million barrels per day (bpd) in April, up 210,000 bpd from March, as several member countries…
Iran will ship the first diesel consignment to Tajikistan in the near future, with an aim to reinforce its presence in international markets, director of international affairs at the National…
The long-awaited Persian Gulf Star Refinery (Setareh Khalij-e-Fars in Persian) with an overall capacity of 360,000 barrels of gas condensate will be inaugurated by January 2016, managing director…
