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April 30,2019
Some 20 million barrels of Iranian oil sitting on China’s shores in the northeast port of Dalian for the past six months now appears stranded as the United States hardens its stance on importing...
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April 30,2019
Abundant gas deposits plus cost-effective production amply justify replacing gasoline with compressed natural gas, director of the CNG office of the National Iranian Oil Refining and Distribution...
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April 30,2019
Asia's crude oil imports from Iran rose to the highest in eight months in March as buyers rushed for more cargoes to take advantage of waivers to the sanctions the United States imposed, data from...
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April 29,2019
Bushehr Nuclear Power Plant in the southern namesake city that was temporarily shut down for technical overhaul has restarted operation, head of the plant said.
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April 29,2019
Privately funded power plants will continue to struggle with low profit margins in the months ahead unless government-affiliated Power Generation, Distribution and Transmission Company (Tavanir)...
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April 29,2019
The US sanctions on Iran’s oil sector has had no influence on petrochemical exports because the mechanism defined for exporting petrochemicals differs from crude oil export, the secretary general...
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April 29,2019
Oil prices fell on Monday, extending a slump from Friday that ended weeks of rallying, after President Donald Trump demanded that producer club OPEC raise output to soften the impact of US...
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April 28,2019
India has little choice to import oil from Iran under mounting pressure from the US, therefore it is exploring the crude oil market to replace its Iranian crude loss.
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April 28,2019
Russian President Vladimir Putin said on Saturday he hoped Iranian oil exports would continue despite Washington’s efforts to stop them.
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April 28,2019
The National Iranian Oil Company generated $8.6 billion from selling five petroleum products namely gasoline, diesel, mazut, kerosene and liquefied gas in the fiscal 2017-18, Fars news agency said...
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April 28,2019
A 10 megawatt solar power plant opened in Abadeh County in southern Fars Province on Sunday.
A private sector initiative, the plant is one of the largest of its kind in the south and cost $3.5...
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April 28,2019
Work is in progress at the Miandoab Petrochemical Complex in West Azarbaijan Province and production is slated to begin in the second half of the current fiscal that started in March, head of...
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April 27,2019
Trade unions have agreed to end a week-long strike at Europe’s largest oil refinery — Shell’s 404,000 barrel per day Pernis refinery in the Netherlands — after the parties resolved a dispute over...
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April 27,2019
Dredging is not the best long-term and economically-viable solution for Karun River in southwest Khuzestan Province against floods, head of the Faculty of Water Science Engineering at the Shahid...
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April 27,2019
Two Trump administration officials said on Friday that neither a wind-down period nor a short-term waiver on China’s oil purchases from Iran are being contemplated after Washington surprised Iran’s...
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April 27,2019
Persian Gulf Star Refinery in Bandar Abbas in southern Hormozgan Province has halted production of sour naphtha and henceforth all flammable oils produced at this refinery will be sweet, the...
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April 27,2019
Replacing eco-unfriendly fuels with natural gas, supplying petrochemical companies with gas as feedstock and exporting gas are among the Oil Ministry priorities in the current fiscal that started...
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April 26,2019
Turkey is trying to convince the United States to allow refiner Tupras, its biggest oil importer, to continue buying crude oil from Iran free of sanctions, Foreign Ministry spokesman Hami Aksoy...
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April 26,2019
Gasoline consumption in the first month of the new calendar year (March 21-April 20) indicates an increase of 4.7% compared to the corresponding period last year.
According to data from the...
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April 26,2019
Skid-mounted processing units also known as mobile oil treaters are processing close to 28,000 barrels of oil per day in South Azadegan Oilfield in Khuzestan Province.
With the help of mobile oil...
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April 26,2019
Oil Minister Bijan Namdar Zanganeh says Saudi Arabia and the United Arab Emirates presumably overstate their ability to produce higher levels of crude oil as demanded by the United States.
“I...
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April 24,2019
American middle class consumers are enjoying the strongest wage growth in a decade, but higher gasoline prices are eating a good chunk of that increase for many, and it looks like pump prices are...
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April 24,2019
In the wake of torrential rains in northern Mazandaran Province over the past four weeks, the biggest dam in the region -- Shahid Rajaee Dam -- is expected to overflow as a result of which the dam'...
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April 24,2019
Oil production in Venezuela has dipped so low that the owner of the world’s largest reserves is importing crude for the first time in five years.
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April 24,2019
A part of the West Ethylene Pipeline, which was damaged by heavy rains and landslides in Kermanshah Province, will be repaired and come online by the end of the week, the director of production...