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April 06,2018
Iran's Energy Ministry meets a major part of its need for high-tech equipment with the help of domestic manufacturers, a deputy energy minister said.
"The strategy is aimed at not only taking...
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April 06,2018
Russian Energy Minister Alexander Novak said an arrangement under which Moscow cooperates with the...
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April 06,2018
Oil prices fell on Friday after US President Donald Trump’s threat of new tariffs on China reignited...
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April 06,2018
Indian state refiners plan to almost double oil imports from Iran in 2018-19, drawn by incentives offered...
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April 06,2018
The delayed project to swap Kirkuk crude oil in the neighboring Iraq to Iran is expected to be launched later this month, the secretary-general of Iran-Iraq Chamber of Commerce said on Friday.
“In...
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April 06,2018
Pakistan State Oil this week issued its first fuel oil import tender for the year after suspending purchases at...
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April 04,2018
The global deal to rein in oil output has removed “85% of the problem” of oversupply, and OPEC...
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April 04,2018
Iran is expected to fetch $14 billion in revenues from petrochemical exports in the current fiscal (started March 21), the head of National Petrochemical Company said on Wednesday.
"Upon the...
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April 04,2018
To play a more leading role in international drilling ventures, the National Iranian Drilling Company, a subsidiary of National Iranian Oil Company, is in talks with a number of foreign firms,...
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April 04,2018
Oil prices slipped on Wednesday on expectations for a buildup in US crude inventories, but...
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April 04,2018
Gasoline consumption in Iran during the 13-day period marking Norouz (the Iranian New Year) hit a record...
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April 04,2018
Oil Minister Bijan Namdar Zanganeh has urged the need to support the private sector in line with the country's push toward indigenization of oil and gas equipment, saying his ministry has devised...
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April 04,2018
Iran’s Energy Ministry predicts a 4,000-megawatt reduction in power generation during the approaching summer peak consumption hours compared to that of last summer, as chronic water crisis will...
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April 04,2018
OPEC crude production dropped to the lowest in a year amid the woes facing Venezuela’s oil industry.
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April 03,2018
To develop 27 hydrocarbon reservoirs, negotiations are underway between the state-owned National Iranian South Oil Company and multinationals to sign deals worth $4.3 billion in the next two years...
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April 03,2018
Indian Oil Corp, the country’s biggest refiner, will spend $22 billion on its expansion over the...
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April 03,2018
The Iraqi Cabinet on Sunday approved a plan to raise the nation’s oil output capacity to 6.5 million barrels...
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April 03,2018
Mega crude oil tanks in the port of Jask in the southern Hormozgan Province will have the capacity of storing up to 30 million barrels of crude oil, the managing director of National Iranian Oil...
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April 03,2018
International sanctions against Iran's banking system will not create a major hurdle on transferring money into the country by Russia’s state-owned oil company Zarubezhneft, which made a major oil...
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April 03,2018
In an effort to increase the share of natural gas in its energy supply, China’s state energy...
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April 03,2018
Oil prices inched up on Tuesday as rising Russian output and expectations of a reduction in Saudi...
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April 03,2018
Iranian manufacturers of equipment and parts used in the petrochemical industry should be backed by the government and domestic banks, the managing director of Tamin Petroleum and Petrochemical...
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April 02,2018
Russian oil output rose slightly in March to an 11-month high of 10.97 million barrels per day, above...
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April 02,2018
Turkmenistan is exploring options on gas swap deals with Iran to export its fuel to markets further afield...
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April 02,2018
The second gas sweetening train of the South Pars Gas Field's Phase 13 in Persian Gulf will go on stream in April, less than a month of implementing its first train, the director of Phase 13...