The government is to call on private investors willing to bid for the pipe-laying project as part of the construction of pipelines and gas stations to transfer Iran's gas to Iraq in the near…
Energy
First gas condensate shipment from South Pars Phases 15 and 16 has been exported, said the operator of the two phases, ISNA reported. A total of 500,000 barrels of gas condensate was exported. A…
French oil and gas giant Total will cut capital spending by 10% this year in response to the falling oil prices, according Arabian Oil & Gas. Capital spending is expected to fall between $2bn…
The Research Institute of Petroleum Industry (RIPI) updated the database of the country's hydrocarbon reserves, a member of the research group said Sunday. "We have compiled data after examining…
Iranian firms are interested in cooperating with the Russian petrochemicals firm Sibur, TASS quoted participants of RosIranNeftekhim-2015 international conference as saying. A representative of…
More than 8.1 billion liters of gasoline was consumed in the country during the 120-day period from September 23 to January 21, indicating an increase of 156 million liters compared with the same…
Ethylene feedstock will be supplied to Mahabad Petrochemical Complex before yearend (March 20), said the operator of the West Ethylene pipeline project, Shana news agency reported Saturday.
Laying a gas transfer pipeline through Caspian Sea is not economically viable, said the director of international affairs at the National Iranian Gas Company, proposing potential routes on which a…
More than a year after production was suspended at a liquefied natural gas (LNG) factory in Assalouyeh, Bushehr Province, a German company that had agreed to supply the facility with main LNG…
After six rounds of public call a total of 2,261 companies registered for inclusion in the oil ministry's list of oil and gas industry manufacturers, the eligibility of 453 applicant firms was…
US energy major Chevron Corp said it will stop exploring for shale gas in Poland, a sector that has failed to live up to its early promise of transforming eastern Europe’s energy supplies, Reuters…
OPEC's oil supply has risen this month due to more Angolan exports and steady to higher output in Saudi Arabia and other Persian Gulf producers, a Reuters survey showed, a sign key members are…
Turkey’s natural gas imports for 2015 are projected to reach 52.2 billion cubic meters (bcm), an increase of 9.6 percent compared to last year, according to Turkish Ministry of Energy and Natural…
Iran is Middle East’s major petrochemical producer, an official from Moscow Chamber of Commerce and Industry said Friday.
China Coal, the country’s second-largest coal producer, expects its net profit to fall by as much as 85 percent, which would be its biggest earnings drop in 10 years as the sector is hit by…
A contract was signed for purchase of a floating production, storage and offloading (FPSO) unit to be utilized in development of the South Pars oil layers, said managing director of…
Major international oil companies are awaiting the lifting of sanctions against Iran to commence cooperation in oil and gas sector, Oil Minister Bijan Namdar Zanganeh was quoted by ISNA as saying…
Taking into account the maturity of Iran's oilfields as well as the current rate of extraction from the reservoirs, oil production is expected to dwindle to less than one million barrels per day…
Asian imports of Iranian crude rose by 19.8 percent last year to hit a three-year high, although further increases by the OPEC nation's biggest buyers will depend on whether Tehran and world…
Russia’s natural gas monopoly Gazprom will take up the strategic project of gas distribution network development throughout the Central Asian republic of Kyrgyzstan. The Russian company would be…
Global petrochemical prices fell about 18 percent in December, the biggest month-over-month drop since November 2008, according to TradeArabia. The prices in the more than $3-trillion-plus…
Re-directing Russia’s gas supplies to Europe bypassing Ukraine from 2019 is a decided matter and the European Union has little time to prepare sufficient infrastructure, Chairman of the Gazprom…
Royal Dutch Shell has signed a deal with Iraq worth $11 billion to build a petrochemicals plant in the southern oil hub of Basra, Iraqi Industry Minister Nasser Al-Esawi said on Wednesday,…
Gas trade balance will turn positive in the next Iranian year (starting March 21) upon finalization of a gas export agreement with Iraq, managing director of the National Iranian Gas Company said…
Renewable energies department of presidential office announced that Iran has acquired the technical knowhow for production of biofuels, adding that a biofuel production pilot project has been…
