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May 06,2018
Tehran Oil Refinery has signed a memorandum of understanding with two Japanese companies, JGC Corporation and Marubeni Corporation, on enhancing gasoline quality and quantity as well as reducing...
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May 06,2018
Transferring Turkmenistan's gas to Pakistan via Iran-Pakistan gas pipeline, aka Peace Pipeline, will benefit both neighboring states, the National Iranian Gas Company's managing director said.
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May 06,2018
China is the world’s most attractive country for renewable energy investment, according to a new...
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May 05,2018
Saudi Energy Minister Khalid al-Falih is optimistic that South Korea could end up in the shortlist to build...
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May 05,2018
China’s Sinopec will cut its June imports of crude from Saudi Arabia by 40% for the second month in...
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May 05,2018
Hong Kong-flagged cargo ship CF Crystal was the causal factor of the collision with the Iran-owned oil tanker Sanchi, 160 nautical miles off the coast of Shanghai, China, on January 6, said the...
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May 05,2018
The man who ran Venezuela’s state oil company PDVSA for a decade after 2004 says the country’s oil...
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May 05,2018
Close to 700 million cubic meters of water are wasted in the country annually, of which the loss of 250 mcm is inevitable, a senior official at the National Water and Wastewater Engineering...
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May 05,2018
Norway’s Statoil said it aims to cut its carbon footprint more aggressively as measures to reduce global...
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May 05,2018
Bandar Abbas Refinery in the southern Hormozgan Province is making concerted efforts to enhance the quality of its gasoline and diesel output to comply with Euro-4 emission standards by October,...
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May 04,2018
Debts of electricity subscribers to the Energy Ministry have exceeded $2 billion, a deputy energy minister said.
"The amount of unpaid dues to the ministry has amounted to a massive $2.3 billion...
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May 04,2018
Oil prices were little changed on Friday after rising earlier, as market jitters kicked in over the prospect...
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May 04,2018
Russia has reaffirmed its pledge to an alliance with OPEC, despite two months of breaching...
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May 04,2018
Oil Minister Bijan Namdar Zanganeh said the number of household gas subscribers in the country has increased by over 4.56 million in the past four years.
"Close to 3.14 million subscribers from...
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May 04,2018
The 23rd International Iran Oil, Gas, Refining and Petrochemical Exhibition, the largest annual convention in Iran's petroleum industry, will commence at Tehran's International Fairground on May 6...
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May 04,2018
Iran is seeing bumper oil exports, but that does not imply a production uptrend.
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May 04,2018
Saudi Arabia set the price of its benchmark crude in Asia at the highest level since August 2014, just...
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May 02,2018
The United States has moved ahead in EY’s Renewable Energy Country Attractiveness Index...
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May 02,2018
The Energy Ministry’s proposal to hike water and electricity tariffs has been ratified by the Cabinet, based on which the two vital commodities’ prices will rise by 7%. As per the new rule, which...
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May 02,2018
The National Iranian Gas Company will resume gas supply to combined heat and power (CHP) plants as soon as they settle their unpaid debts, managing director of the company said.
“CHP plants’ dues...
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May 02,2018
Oil prices firmed slightly on Wednesday, supported by concerns that the United States may reimpose...
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May 02,2018
Saudi Arabia would need oil prices to average $85-87 a barrel this year to balance its ...
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May 02,2018
Renowned European companies have expressed readiness to cooperate in the development of Iran’s petrochemical industry, the National Petrochemical Company’s managing director said.
“The UK-Based...
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May 02,2018
Iran’s crude exporters had a banner April, with shipments soaring to a record right before the...
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April 30,2018
The term “demand destruction” is again entering the lexicon of the current crude oil market, as the...