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April 02,2018
Iraq plans to award oil and gas exploration and development contracts in 11 new blocks on April 15, oil ministry spokesman, Asim Jihad, said on Sunday.
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April 02,2018
Oil prices rose on Monday, lifted by a drop in drilling activity in the United States.
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April 02,2018
Bahrain said on Sunday it had discovered the country’s largest oilfield in decades, located off...
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April 02,2018
Iran plans to add close to 3,000 megawatts to its power plant capacity in the current fiscal (started March 21), boosting it to 80,000 MW, the energy minister said.
"About 2,100 MW of new power...
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April 02,2018
Production from Azar Oilfield, currently at 30,000 barrels per day, will reach 60,000 bpd upon the completion of operations to drill new wells in the field, manager of the development project said...
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March 18,2018
The United States of America and its regional ally Saudi Arabia are making a lot of efforts to squeeze Iran's share in its traditional oil markets in East Asian countries.
“Saudi Arabia has...
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March 10,2018
Narsi Ghorban, a prominent Iranian energy analyst from London University, expressed concerns over the cut in oil budget, saying it could inflict long-term damage on the industry.
Ghorban said...
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March 18,2018
Iran's petrochemical complexes have produced nearly 50 million tons of goods in 11 months ending Feb. 19, of which 20 million tons worth almost $11 billion were exported to international markets,...
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March 16,2018
Over 182 billion cubic meters of natural gas were supplied through the national gas network in the 11 months ending Feb. 19, the managing director of state-owned National Iranian Gas Transmission...
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March 18,2018
ExxonMobil is working with a group of Pakistan’s large businesses on a proposal to build...
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March 18,2018
Better technology could reduce the average production costs of all oil and gas resource classes...
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March 18,2018
South Zagros Oil and Gas Production Company, a subsidiary of the National Iranian Oil Company, has produced over 58 billion cubic meters of natural gas during the current fiscal that ends on March...
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March 18,2018
Abu Dhabi National Oil Company said on Sunday it has signed 40-year agreements with...
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March 18,2018
Italian oil major Eni hiked its dividend on Friday and held out the prospect of a share buyback after...
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March 18,2018
Energy Minister Reza Ardakanian left Tehran for Brasilia, Brazil's capital, on Sunday to attend the Eighth World Water Forum, themed 'Sharing Water' scheduled for March 18-23. Leading a delegation...
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March 18,2018
With the aim of producing Euro-5 diesel in Shiraz refinery, the company has recently conducted negotiations to sign an agreement with a multinational company, Honeywell UOP, over the purchase of...
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March 17,2018
Oil prices jumped on Friday, with Brent crude futures hitting their highest in more than two weeks.
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March 17,2018
California cities and counties seeking to hold five of the largest oil companies accountable for their...
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March 17,2018
Iraq is inviting companies to bid for building a 70,000-bpd oil refinery near the town of Haditha in the Anbar...
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March 17,2018
Iran does not intend to increase crude output in the next fiscal year that starts on March 21, the National Iranian Oil Company’s managing director said on late Friday.
“The country’s oil...
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March 17,2018
In line with policies to help expand domestic companies' scope of exploration and production operations, the National Iranian Oil Company will finalize an agreement with Pasargad Energy Development...
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March 17,2018
Ukraine’s state-held gas company Naftogaz and Russia’s gas giant Gazprom will meet by the end...
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March 17,2018
The Italian oil major Eni will discuss sanctions against Russia with authorities in the European Union...
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March 17,2018
Iran's gasoline production has hit a record with 77.4 million liters per day, marking a 16% hike, thanks to the recently launched Persian Gulf Star Refinery in the southern city of Bandar Abbas,...
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March 17,2018
The Iranian Offshore Oil Company, a subsidiary of the National Iranian Oil Company, is determined to raise crude production by about 50,000 barrels per day in the next fiscal (starting March 21),...