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February 28,2018
Iraq has agreed a deal with the semi-autonomous Kurdistan Regional Government to resume crude oil...
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February 28,2018
Annual water consumption in Iran has increased by over 15 billion cubic meters in the past two decades, Deputy Energy Minister Sattar Mahmoudi said.
“The country’s water use has reached 95 billion...
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February 27,2018
Eight new oil desalting projects in the southern oil regions went on stream, managing director of the National Iranian South Oil Company said.
"The initiative were aimed at a variety of goals,...
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February 27,2018
Anglo-Dutch major Royal Dutch Shell projects that the global liquefied natural gas markets may...
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February 27,2018
Term buyers of Iran's South Pars condensates have not received any cuts to their 2018 allocations despite the start of Phase 2 of Iran's Persian Gulf Star Refinery two weeks ago, term buyers and...
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February 27,2018
Transforming the port of Jask in the southern Hormozgan Province into a major oil terminal is a strategic step to expand Iran's oil export capacity, the chief executive officer of Iran's Petroleum...
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February 27,2018
French oil major Total is interested in bidding to build the greenfield 150,000 barrels per day Nassirya Oil Refinery in Iraq, according to two sources familiar with the matter. Last year, the...
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February 27,2018
The United States will overtake Russia as the world’s biggest oil producer by 2019 at the latest, the International Energy Agency said on Tuesday, as the country’s shale oil boom continues to upend...
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February 27,2018
Supplying natural gas as feedstock to two power plants in Konarak, Sistan-Baluchestan Province, and Sarakhs, Khorasan Razavi Province, requires the Energy Ministry’s cooperation in converting...
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February 26,2018
Oil steadied around its highest prices in three weeks on Monday, supported by comments from Saudi Arabia that it would continue to curb shipments in line with the OPEC-led effort to cut global...
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February 26,2018
A plan to truck oil from Iraq's northern Kirkuk fields to Iran cannot be fully implemented at this stage due to security concerns, the head of Iran-Iraq Chamber of Commerce said on Monday.
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February 26,2018
Two tripods for the flare stacks of the South Pars phases 23 and 24 are ready to be installed in the Persian Gulf, the director of phases 22-24 said.
Farhad Izadjou added that the equipment will...
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February 26,2018
Iran's oil and gas industry cannot experience a turning point in attracting foreign direct investment unless it reduces investment risk by normalizing its relations with the world.
Mehdi Asali,...
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February 26,2018
ONGC Videsh Ltd has opted to invest in developing a giant gas field in the Persian Gulf, for which a revised cost is being worked out, an unnamed official said.
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February 26,2018
Investment to launch development ventures in Mahshahr Special Petrochemical Economic Zone in Khuzestan Province has exceeded $17.8 billion, creating jobs for close to 3,000 people, managing...
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February 26,2018
The National Iranian Drilling Company, a subsidiary of National Iranian Oil Company, is making every effort to secure its footprints in the oil- and gas-rich Iraq to expand its activities there....
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February 25,2018
The Nord Stream 2 project will begin the process of attracting additional financing in the next couple of months, Chief Financial Officer Paul Corcoran told Sputnik on Thursday.
"We are starting...
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February 25,2018
US oil production has topped 10 million barrels per day, approaching a record set in 1970, but many investors in the companies driving the shale oil revolution are still waiting for their payday....
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February 25,2018
The first flare stack of South Pars Gas Field's Phase 14 in the Persian Gulf lit up on Saturday, the director of the phase said. "Platform SPD-A14, one of the phase's main platforms, is now...
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February 25,2018
In lines with efforts to provide the country's far-flung and underprivileged regions with natural gas, plans have been devised to lay 1,400 kilometers of pipeline in Sistan-Baluchestan Province in...
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February 25,2018
Libya’s oil exports from the Mellitah terminal will be modified after protests disrupted production at the key El-Feel deposit for the first time in two months, putting the OPEC nation’s crude...
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February 25,2018
Venezuelan President Nicolas Maduro promised on Saturday to recover 70% of the country’s lost oil production in the first half of 2018.
“I can tell you, the unprecedented injustices led to an...
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February 25,2018
Peak electricity consumption in the capital Tehran has increased by over 1,000 megawatts in the past two years, the managing director of Tehran Regional Electricity Company said.
“Peak demand for...
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February 25,2018
Post Bank of Iran has signed a trilateral memorandum of understanding with domestic companies on development of power plants.
The agreement was signed with Solar Power Plant Project Management...
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February 24,2018
Russia remained the top crude oil supplier to China in January, data showed, beginning 2018 on a strong note after the inauguration of an expanded trans-Siberia pipeline and as Beijing released...