-
February 04,2022
Oil prices climbed on Friday, extending sharp gains in the previous session as frigid weather swept across large swathes of the United States, threatening to further disrupt oil supplies.
-
February 04,2022
The National Iranian Oil Company is ready to return to the global crude oil market as quickly as possible, the oil minister said.
“International market needs more Iranian oil, which can help push...
-
February 02,2022
The total production of Azar Oilfield, which Iran shares with Iraq, has reached 50 million barrels in five years, said the managing director of Sarvak Azar Engineering and Development Company, the...
-
February 02,2022
Private sector is capable of indigenizing all kinds of catalysts needed by steel, petrochemical and oil industries, on condition that the government stops its disruptive interference in the fast-...
-
February 02,2022
Exporting gas through pipelines can help strengthen ties between countries, as the resulting interdependence helps establish better relations with neighboring states, said the deputy director for...
-
February 01,2022
In line with policies to boost the processing capacity of crude and gas condensates, the Oil Ministry has issued licenses for constructing oil refineries and petro-refining complexes in the...
-
February 01,2022
Studies by scientists at the United Nations Intergovernmental Panel on Climate Change (IPCC) show that the Middle East and North Africa are becoming drier and warmer regions, which will exacerbate...
-
January 31,2022
Non-revenue water loss in Iran is at least 10% higher than in neighboring states because close to 90,000 kilometers of pipelines in the national water network are corroded and must be replaced,...
-
January 31,2022
Electricity supply curbs imposed on factories over the last two weeks due to shortage of liquid fuel in thermal power stations have all been removed, a spokesperson for the Power Generation,...
-
January 31,2022
A total of 124 electricity projects will be launched in Yazd Province within the next 10 day, the head of Yazd Electricity Distribution Company said.
“The projects fall into four categories of...
-
January 31,2022
Oil rose more than 1% on Monday to the near seven-year highs hit in the previous session, while supply concerns and political tension in Eastern Europe and the Middle East put prices on track for...
-
January 30,2022
Russia has allocated a credit line worth $1.4 billion for the construction of Sirik Power Plant in Sirik County, Hormozgan Province, which will accelerate the process.
-
January 30,2022
The National Iranian Oil Company has defined several development projects to attract domestic and foreign investments to oil and gas sectors, deputy for development and engineering at NIOC said....
-
January 30,2022
Electricity generation from fossil fuels is neither financially viable nor environmentally sustainable, compared to renewable resources that contribute to sustainable economic growth, the head of...
-
January 30,2022
The production of Euro-4 compliant gasoline at Lavan Oil Refinery, a subsidiary of the National Iranian Oil Refining and Distribution Company in the southern Hormozgan Province, will rise by 1...
-
January 30,2022
The research and development unit of Pardis Petrochemical Company, in collaboration with researchers from the Faculty of Modern Sciences and Technologies, University of Tehran, have succeeded in...
-
January 28,2022
Close to 345,000 tons of liquefied petroleum gas have been exported from the Siraf Pars Port on the Persian Gulf coast since February 2021, the port operator said.
“Although the second jetty for...
-
January 28,2022
The cumulative output of natural gas and its byproducts from the South Pars Gas Field in the Persian Gulf has reached 2 trillion cubic meters since 2002, the operations manager of Pars Oil and Gas...
-
January 28,2022
Torrential floods have hit Kerman Province twice in the past 20 days, overflowing their banks and inundating residential areas, especially in rural regions, deputy governor for civil affairs said...
-
January 26,2022
The National Iranian Oil Company plans to increase crude oil and gas production capacity over the next eight years, the company’s director of integrated planning said.
“Oil and gas output are...
-
January 26,2022
Brent crude edged up on Wednesday as geopolitical tensions in Europe and the Middle East raised supply concerns while investors locked in profits ahead of updates from the US Federal Reserve and US...
-
January 26,2022
Natural gas, chemicals and downstream petrochemical products accounted for 58% of Iran’s non-oil export value during the first eight months of the current fiscal year (March 21-Nov. 21), the head...
-
January 25,2022
Exporting liquefied petroleum gas helps the Oil Ministry earn at last $5 billion in foreign currency revenues, because of which it opposes any plans to add the fuel to Iran’s energy mix, a lawmaker...
-
January 25,2022
Leaders in the Middle East and North Africa region lack the political determination to solve water tensions in drought-stricken countries and a water conflict is looming, a former member of the...
-
January 24,2022
Annual production capacity in Mahshahr Petrochemical Special Economic Zone (Petzone) along the northern coast of the Persian Gulf in Khuzestan Province has reached 20 million tons, managing...