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October 21,2018
Oil prices at $80 a barrel are too high and unhealthy for the world today, Bob Dudley, the chief executive of British multinational oil and gas company BP, said Friday.
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October 20,2018
Work is in progress to develop new phases in combined-cycle power plants as part of the blueprint to meet the country's growing electricity demand.
"Projects that will come on stream by June are...
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October 20,2018
Iran's Society of Iranian Petroleum Industry Equipment Manufacturers is inviting small and medium enterprises (SMEs) in the energy sector to attend a Tehran seminar and discuss with Iranian...
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October 20,2018
Asian buyers of Iranian oil are gaining confidence they will win US consent for some imports to continue even after American sanctions snap back next month.
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October 20,2018
Talks are underway to buy shares in refineries of other countries to help the country secure its international oil market share, National Iranian Oil Company's managing director said.
"Buying...
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October 20,2018
One million energy-intensive households and commercial units in Tehran will be equipped with smart electricity meters in the second phase of the National Smart Metering Program (known as Faham in...
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October 20,2018
Poland’s main gas firm PGNiG has signed a 20-year agreement with US Venture Global LNG, under which the Polish energy firm will receive 2 million tons of US liquefied natural gas (LNG) every year...
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October 19,2018
Terminating its contract to develop Iran's giant South Pars Gas Field Phase 11, the French energy company Total has submitted the project's tender and technical documents to its partner, China...
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October 19,2018
An unprecedented volume of Iranian crude oil is set to arrive at China’s northeast Dalian port this month and in early November before US sanctions take effect, according to an Iranian shipping...
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October 19,2018
Asia's liquefied natural gas prices are set to go up on the back of surging oil prices and tightening supplies, according to analysts.
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October 19,2018
Crude oil production in Sivand, Esfand and Dena offshore oilfields off the Persian Gulf will increase by 16,000 barrels per day.
To achieve the goal, the Iranian Offshore Oil Company signed a...
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October 19,2018
The Trump administration intervened to quash a $15 billion deal for Siemens AG to develop power stations in Iraq, instead persuading Baghdad to sign an agreement with General Electric Co
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October 19,2018
Turkey’s top refiner, Tupras, is in talks with US officials to obtain a waiver allowing it to keep buying Iranian oil after Washington reinstates sanctions on Iran’s energy sector in November,...
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October 17,2018
Foreign companies have signed contracts to invest in small power production projects in Mazandaran Province, managing director of Mazandaran Regional Electricity Company said.
Hossein Afzali...
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October 17,2018
Mangalore Refinery and Petrochemicals, a subsidiary of India’s Oil and Natural Gas Corporation, expects India to receive this month a waiver from the US sanctions on Iranian oil
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October 17,2018
Iran has proved that it has great potential for investment given its abundant and untapped hydrocarbon resources and collaborating with oil majors can help it raise energy output.
Azamat Ismagilov...
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October 17,2018
Rhetoric from the United States that it wants to reduce Iran’s oil exports to zero is hot air and more akin to “political bluff”,
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October 17,2018
OPEC has urged its members not to mention oil prices when discussing policy in a break from the past, as the oil producing group seeks to avoid the risk of US legal action for manipulating the...
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October 17,2018
Oil prices rose for a fourth day on Wednesday after industry data showed a surprise decline in US crude inventories and tension over the disappearance of a prominent Saudi journalist stoked supply...
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October 17,2018
The first 20,000 ton methanol consignment produced by Marjan Petrochemical Company in the southern city of Asalouyeh in Bushehr Province was shipped from Pars Special Economic Energy Zone on the...
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October 16,2018
Petrochemical output reached 27.3 million tons in the first six months of the current fiscal ending in September 22 and generated $6.3 billion in export revenues.
According to Shana, the...
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October 16,2018
India’s oil demand is expected to rise by 5.8 million barrels per day by 2040, accounting for about 40% of the overall increase in global demand during the period, OPEC’s secretary general said on...
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October 16,2018
Iran officially started spot oil trading on its energy exchange on Tuesday with the National Iranian Oil Company publishing a notice of offer on Monday, in which it outlined the terms and...
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October 16,2018
Namak (Salt) Lake in Qom Province is drying up and if it is not provided with enough water resources, nearly 25% of the country’s population will face the problem of dust storms soon, a lawmaker...
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October 16,2018
Russian energy minister Alexander Novak discussed bilateral and OPEC+ cooperation with Iranian Oil Minister Bijan Namdar Zanganeh in Moscow, according to a statement released by the Russian Energy...