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May 14,2018
Close to 800 million barrels of oil were exported from Iran’s largest oil loading and export facility, the Kharg Oil Terminal, in the previous fiscal that ended on March 20, 2018, managing director...
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May 14,2018
Construction operations for transferring associated petroleum gas from three oilfields in the southern province of Khuzestan to processing facilities were launched on Sunday in a ceremony attended...
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May 14,2018
Rosneft beat first-quarter net income forecasts as profit jumped sevenfold to $1.3 billion buoyed by...
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May 14,2018
OPEC is more focused on identifying the right level of oil inventory at its next meeting than the impact...
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May 13,2018
India’s oil minister on Saturday expressed concern about the rise in oil prices but said it was too early to...
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May 13,2018
Iran is set to double natural gas exports to the Iraqi capital Baghdad in June, as part of a plan formulated between the two sides last year, a senior energy official said.
"As per the agreement,...
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May 13,2018
Despite the possibility of the enforcement of new US sanctions against Iran's petrochemical industry, European firms are interested in launching joint ventures with Iranian enterprises on...
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May 13,2018
China could be a chief beneficiary of the US decision to withdraw from the Iran nuclear deal, as it would...
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May 13,2018
Oil Minister Bijan Namdar Zanganeh said on Sunday Iran will continue to swap Turkmenistan's gas with...
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May 13,2018
Iran Power Plant Repair Company carries out overhaul operations on power plants with about 10,000-12,000 megawatts of power production capacity per year, the company’s managing director said on...
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May 13,2018
Total has signed a memorandum of understanding with the government of Oman to develop natural...
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May 12,2018
Iran has acquired the know-how to design and build liquefied petroleum gas storage tanks, which places it among the top 10 countries with the technology, a member of the Association of Petroleum...
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May 12,2018
Crude prices fell in a seesaw session on Friday, retreating after early gains as it looked likely...
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May 12,2018
Lukoil and the Basra Oil Company signed a new development deal for West Qurna-2 field that provides for...
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May 12,2018
The venture to develop South Pars Gas Field's Phase 2 in the Persian Gulf has gained traction, as its feasibility studies have been completed by an unnamed French company, the chief executive...
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May 12,2018
US President Donald Trump’s decision to scrap the Iran nuclear deal can be good for oil bulls but...
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May 12,2018
In the wake of the US withdrawal from the Iran nuclear deal, Iran’s European customers are...
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May 12,2018
The first technology transfer deal to build gas compressors has been signed between TAPCO and the Austrian LMF, managing director of TAPCO said.
"Collaboration between TAPCO—an engineering,...
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May 11,2018
Oil prices dipped on Friday, easing from multi-year highs in the previous session on hopes that alternative...
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May 11,2018
The National Iranian Drilling Company, a subsidiary of the National Iranian Oil Company, has signed...
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May 11,2018
In line with efforts to fast-track the development of oil and gas fields, Drilling Company International is set to play a key role in the development of five massive hydrocarbon reserves, managing...
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May 11,2018
China has reassured Tehran that it will continue to import its crude, despite the United States’ withdrawal from the nuclear deal that will now be followed by sanctions targeting the Iranian oil...
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May 11,2018
The Russian and Iranian sides have signed a supplementary agreement to guarantee the construction...
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May 11,2018
The Global Petro Tech Kish Company is holding talks with unnamed Russian and Chinese...
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May 11,2018
Iranian Oil Minister Bijan Namdar Zanganeh said on Thursday that US President Donald Trump’s decision to quit a multinational nuclear deal would not affect Tehran’s oil exports.
“Trump’s decision...