The National Iranian Oil Products Distribution Company has launched six portable fuel stations on the crowded roads of northern Iran where demand for gasoline is very high.
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
A diesel hydrotreating unit, which is a part of the plan to raise production capacity and quality, is near completion at Bandar Abbas Oil Refinery in the southern Hormozgan Province, the…
Identifying sustainable water and energy consumption patterns to meet the current and future generations' needs tops the Energy Ministry's agenda.
Energy Minister Reza Ardakanian made…
Five Caspian Sea states reached a breakthrough agreement on sovereign rights to the sea, paving the way for new oil and gas plans after more than two decades of disputes.
Workers at three of Total’s North Sea oil platforms started a 12-hour strike on August 13 as planned after talks with the company failed last week, regional officer for the Unite union, Wullie…
Oil prices slipped on Monday as trade tensions and troubled emerging markets dented the outlook for fuel demand, but US sanctions against Iran pointed toward tighter supply ahead.
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PetroChina Company Limited may temporarily halt the purchase of US liquefied natural gas spot cargoes through the winter to avoid potential tariffs amid a trade conflict between the US and China…
National Iranian Oil Company's reduction of official selling price for Asian buyers is not higher than the global market norms and is on par with trends followed by all producers, a company…
Groundwater reserves in Tehran Province have fallen by 150 million cubic meters per annum, the director for water reserves conservation at the Regional Water Company of Tehran said.
Experts of the National Iranian Oil Refining and Distribution Company are producing 80% of catalysts required for manufacturing oil products, the company's commercial manager said.
Iraq's Oil Ministry is discussing prospects of increasing gas import from Iran for its industrial and residential sectors, a senior energy official said.
The Russia-led Nord Stream 2 consortium said on Sunday it has applied to Denmark for an alternative gas pipeline route through the Baltic Sea that would avoid the Nordic state’s territorial…
Venezuela's state-owned PDVSA's dependence on its US unit Citgo for refined products and diluents could be jeopardized by a US court order on Thursday, which may result in the company losing…
While it is true that China's crude oil imports recovered slightly in July, it was still among the lowest so far this year due to a decline in demand from smaller independent “teapot” refineries…
American drivers are unlikely to see prices at the pump fall, if crude is released from the Strategic Petroleum Reserve because US oil production already is sky high, analysts said. The…
The efficiency of Ferdowsi Power Plant in Mashhad, Khorasan Razavi Province, will rise by 17% when the plan to convert the plant’s system to combined-cycle is implemented, the project’s manager…
Studies on securing and plugging abandoned gas wells in North Pars Gas Field in the Persian Gulf have been completed by Pars Oil and Gas Company.
According to Oil Ministry's Shana, the…
The agreement to develop South Pars Gas Field's Phase 11 in the Persian Gulf with France’s Total and China National Petroleum Corporation has not undergone any changes yet.
Mohammad…
Prices of gasoline and oil derivatives will experience no change until the end of the current fiscal year that started on March 21.
Hossein Amiri-Khamkani, a member of Majlis Energy…
Experts of the National Iranian Oil Company have restored a dilapidated gas-powered turbine in Ahvaz pumping station, Khuzestan Province, which has boosted the transfer of crude oil to…
Some domestic combined heat and power (CHP) plants owe millions of dollars to the state-owned National Iranian Gas Company for the natural gas they received in the past few years for use as…
Canadian oil producers are once again suffering from a steep discount for their oil, causing the largest spread between Canadian oil and WTI in years. Western Canada Select recently fell below $…
Ahmed Al Jaber, UAE minister of state and Group CEO of Abu Dhabi National Oil Company, has met with Japan's Minister of Economy, Trade and Industry Hiroshige Seko, as part of a series of…
Crude oil prices rose more than 1% on Friday as US sanctions against Iran looked set to tighten supply, but futures contracts posted a weekly decline since investors worried that global trade…
The Philippines is trying to curb its inflation running at five-year highs by ordering companies to make available for sale cheaper but dirtier fuel, backtracking on a ban on such fuels…
