The first phase of Bandar Anzali small-scale power plant with 25-megawatt output will become operational in Gilan Province soon. Hassan Vali, the project operator, said Sunday the venture with…
Energy
Iraq's debt to Iran for electricity imports amounts to $1 billion and it is hoped that the debt will be cleared in the near future, a spokesman for the Iran Power Generation, Distribution and…
Euro-4 diesel sales started in nine more provinces and nationwide supply will commence in March, a deputy at the National Iranian Oil Products Distribution Company said. "As of now the…
China’s state-run Zhenhua Oil is set to sign a head of agreement that includes a proposed joint venture with Iraq’s state oil marketer SOMO and for 2019 annual crude oil supply in Shanghai next…
Tabriz Petrochemical Company has developed a RTO system to collect and dispose emissions from its ABS unit and the system will be operational within two weeks, the managing director said.
Russia’s oil production increased to 11.41 million barrels per day in October from 11.36 million bpd in September, setting a new post-Soviet record high as the largest oil companies, Rosneft and…
Most of the world’s top oil trading houses expect oil prices to decline next year as slowing global economic growth and rising oil supply is expected to compensate for fewer Iranian crude…
The infrastructure to restart use of smart fuel cards for fuel rationing is almost ready, a member of the Majlis Energy Commission said.
The prospects of Indian refiners cutting their intake of Iranian crude oil to zero are unrealistic, the chairman of Indian Oil Corporation told S&P Global Platts.
The US has agreed to let eight countries -- including Japan, India and South Korea -- keep buying Iranian oil after it reimposes sanctions on the OPEC producer on Nov. 5, a senior administration…
Oil prices seesawed on Friday as markets were lifted by hopes the United States and China may resolve their trade disputes soon, before being weighed down by a report Washington had granted…
OPEC’s crude production climbed to the highest level since 2016 as increases by Saudi Arabia and Libya offset losses stemming from impending US sanctions on Iran. The group’s 15 members boosted…
Higher electricity and water tariffs for consumers who exceed reasonable consumption limits is on the government agenda and the new rates should be finalized by end of the fall, the energy…
Diesel production in compliance with Euro-4 emission standards has doubled over the last seven months, the main oil refining company said.
China’s imports of Iranian crude dropped in September both compared to the same month last year and to August, while crude oil imports from the US doubled year-on-year in September despite the…
Proposals by Russia’s Zarubezhneft Company for developing three oil fields in western Iran have been studied by the National Iranian Oil Company's Reservoir Management Committee. Experts…
Pipe laying work to connect South Pars Gasfield Phase 13 onshore refinery in Asalouyeh to the sixth and ninth Iran Gas Trunkline (IGAT 6 and 9) has been completed, the director of Phase 13…
The current water year (started Sept. 23) began with scattered showers and total precipitation height in over a month shows a 56% increase compared to the corresponding period last year,…
The Trump administration has cut down Iran's oil exports more quickly than many expected, but just days before a White House deadline, it is still a long way from achieving its stated goal of…
High oil prices are hurting consumers and could also have adverse implications for producers, the executive director of the International Energy Agency said on Tuesday.
Pars Oil and Gas Company has launched butane storage tanks at phases 20 and 21 of the giant South Pars Gas Field in the Persian Gulf.
The National Iranian Drilling Company has drilled 88 onshore and offshore wells over the last seven months, the company’s deputy managing director said. "By employing 70 offshore and onshore…
Increasing gasoline prices would be subject to amending the 2018-19 budget law and the government so far does not intend to propose any such changes, says a lawmaker.
China will lead global refinery capacity expansion and investments with 3.12 million barrels per day additional refining capacity and $67.3 billion capital expenditure through 2022, data and…
Although the European Union has vowed to create a special purpose vehicle to continue trade with Iran after the US sanctions on Tehran’s oil return next week, the bloc is struggling with the set…
