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March 03,2019
Construction of a new ethylene oxide plant will begin soon in Andimeshk, Khuzestan Province, director of public relations of Persian Gulf Petrochemical Industries Company said Saturday.
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March 02,2019
Annual natural gas transfer capacity has increased by 20 billion cubic meters over the last two years.
Data released by the National Iranian Gas Company news portal shows 260 bcm of gas can be...
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March 02,2019
Russian oil output stood at 11.34 million barrels per day in February, down some 75,000 barrels per day from the October level, the baseline for a global deal, but still missing the accord target,...
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March 02,2019
Although China will continue to raise its liquefied natural gas (LNG) imports this year, the 2019 rise in the world’s key LNG demand growth market may not be enough to absorb all the new supply...
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March 02,2019
The Majlis Joint Commission, a parliamentary body responsible for reviewing the budget bill, on Saturday approved the $500 million government-proposed funding for expanding rooftop photovoltaic...
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March 02,2019
OPEC oil supply fell to a four-year low in February, a Reuters survey found, as top exporter Saudi Arabia and its Persian Gulf Arab allies over-delivered on the group’s supply pact while Venezuelan...
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March 01,2019
Domestic companies are facing chronic shortages of polyethylene terephthalate, commonly known as PET because the key raw material is being exported in bigger volumes.
According to data provided...
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March 01,2019
To provide Parsian Gas Refinery with more natural gas as feedstock, production from the Pazan and Madar gas fields in Fars Province is on the agenda of South Zagros Oil and Gas Production Company,...
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March 01,2019
Thermal power plants accounted for almost 94% of total electricity production in the last 10 months, managing director of the Thermal Power Plants Holding Company said.
"There are 123 thermal...
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March 01,2019
Oil producing group OPEC is responsible for salvaging the entire oil industry with its deal to curb output, OPEC's secretary general told CNBC, but the US shale revolution has helped to prevent "...
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February 27,2019
Iran will have 10,000-megawatt power deficit in the coming summer, said Tuesday the head of the Federation of Iranian Energy Exports Industries in Tehran.
Referring to government measures in...
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February 27,2019
Renewable energy is the most cost-effective compared to all other traditional sources to generate power, head of Renewable Energy and Energy Efficiency Organization (Satba) said Wednesday.
"The...
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February 27,2019
Venezuela is running out of space to store its sanction-stained crude that few dare to buy, forcing it to reduce output at a time when the world is thirsty for heavy, sulfurous oil.
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February 26,2019
Electricity experts from Iran, Russia and Azerbaijan are in Moscow, discussing technicalities of creating an energy corridor that envisages the export of electricity from Russia to Azerbaijan and...
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February 26,2019
Japanese refiner Cosmo Oil will load around 900,000 barrels of Iranian Heavy crude oil in early March as local refiners are rushing to lift as much barrels from Iran during the current 180-day US...
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February 26,2019
Iran has bettered Qatar in developing its share of the joint South Pars Gas Field over the past six years.
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February 26,2019
Oil inched lower on Tuesday to extend losses of more than 3 % from the previous session, easing after US President Donald Trump called on OPEC to rein in its efforts to boost prices.
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February 25,2019
Crude oil exports from Iraq’s southern ports on the Persian Gulf stand at around 3.565 million barrels per day so far in February, two oil executives told Reuters on Monday.
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February 25,2019
The National Iranian Drilling Company has drilled and repaired 123 onshore and offshore wells over the past 11 months, the company’s deputy managing director for drilling operations said Monday.
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February 25,2019
Untapped hydrocarbon reserves are huge and encouraging the private sector to enter this key sector should be a priority.
Seyyed Saleh Hendi, the head of National Iranian Oil Company's Exploration...
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February 24,2019
Global natural gas demand will rise by almost 50% over the next 23 years and Iran will be among the major suppliers alongside Russia and the United States.
Mohammad Hossein Adeli, a former...
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February 24,2019
Phase 14 of South Pars Gas Field in the Persian Gulf has registered 84% progress, said the energy deputy at the Industrial Development & Renovation Organization of Iran.
No foreign contractor...
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February 24,2019
As Pakistan faces worsening water scarcity - and trouble sourcing international cash for hydropower dams it says it needs - it has turned to an unlikely source of cash: A fundraising campaign...
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February 24,2019
The UK's Unite trade union on Saturday approved plans for industrial action at Total's North Sea oil and gas fields, including the Shetland Gas Plant, as a dispute over offshore rotas flared up...
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February 24,2019
The number of greenfield oil and gas projects to get their final investment decision could rise threefold in 2019 all over the world, Norwegian energy consultancy Rystad Energy has forecast.