Iranian exporters aim to increase LPG exports to full capacity, if the US administration lifts sanctions that limited shipments from the country's petrochemical plants and gas refineries, adding…
Energy
Oil prices rose for a second session on Wednesday on signs of strong fuel demand in western economies, while the prospect of Iranian supplies returning faded, as the US secretary of state said…
Since the beginning of the current water year (started Sept. 22, 2020) Iran has not received its fair share of water from Hirmand (known as Helmand in Afghanistan) River as per an agreement it…
The plan to transfer water from Aras River in northwest Iran to Tabriz in East Azarbaijan Province awaits the allocation of financial resources by the government, the provincial governor general…
The National Iranian Oil Company paid $35 billion in natural gas subsidies in 2020, up 35% compared to 2018. Oil Minister Bijan Namdar Zanganeh made the statement in a parliamentary hearing on…
Oil pulled back after hitting fresh multi-year highs on Monday, as investors awaited the outcome of this week’s talks between Iran and world powers over a nuclear deal that is expected to boost…
Export of petroleum products (naphtha, diesel and gasoline) from the Persian Gulf Star Refinery, a subsidiary of the National Iranian Oil Refining and Distribution Company in the port city of…
The National Iranian Gas Company prevented the emission of about 180 million tons of greenhouse gases in the last fiscal year (ended March 20, 2020) and emissions in the country's gas industry…
The relocation of Tehran Oil Refinery is a costly venture and the implementation of such a major project is next to impossible at least in the near future, deputy interior minister and head of…
Iran and Russia have agreed to improve collaboration in the development of energy sector in Iran.
At least 210 cities will encounter heightened water tension between June and September, director of the National Water and Wastewater Engineering Company of Iran (Abfa) said. “In 7,000 rural…
The development of petrochemical industry will help reduce crude sales, produce value-added products from hydrocarbon resources and generate higher revenues for the country, director of planning…
OPEC+ stuck to its plan to hike oil output in July, but Saudi Arabia’s energy minister kept the market guessing as to whether the group will add more supply later this year to keep pace with the…
The Iranian Central Oil Fields Company, a subsidiary of the National Iranian Oil Company, has launched operations to develop three gas fields in Fars Province, the managing director said.…
Iran exported more than $1 billion worth of polymer products in the last fiscal year (ended March 20, 2021), the head of Export Commission of the National Plastic and Polymer Industries…
A year after shuttering unprecedented volumes of crude, the OPEC+ alliance is expecting world oil markets to get acutely tight. The coalition led by Saudi Arabia and Russia believes that the…
Iran will have no difficulty finding customers for its oil. Oil Minister Bijan Namdar Zanganeh made the statement on Monday in Tehran in a ceremony to sign an agreement with five domestic…
Negotiations between the National Iranian Gas Company and Botas, Turkey's state oil and gas company, to renew a natural gas contract that expires in 2026, is underway, but no deal has been made…
Oil advanced in Asian trading with the market focused on an OPEC+ supply policy meeting early this week and any commentary around the prospect for returning Iranian supply.
Kermanshah Oil Refinery in the western namesake province is completing development plans in collaboration with the Research Institute of Petroleum Industry and using the institute’s indigenized…
Two large solar farms with a total capacity of 631 megawatts are under construction in Fars Province, the deputy governor of the province for Economic Affairs Coordination said. “The…
Straddling the joint border between Iran and Azerbaijan, Aras River has long been a source of livelihood for border dwellers and is a symbol of peace and friendship for the two countries.…
To help boost diesel production in compliance with Euro-5 emission standards at the Isfahan Oil Refining Company in central Isfahan Province, a diesel treatment unit was launched on Sunday,…
Petrofarhang Holding Company intends to increase methanol output capacity and complete methanol value chain to create added value by building new methanol units to produce polyolefins and…
The first phase of Khesht Oilfield development in Fars Province will go on stream in the summer, managing director of South Zagros Oil and Gas Production Company said on Sunday. "Phase 1…
