Exporting raw materials cannot be considered a wise and sustainable economic strategy in today’s highly competitive world and it is high time decision-makers look more closely at value-…
Energy
Feasibility studies to produce olefin in Fanavaran Petrochemical Company in Khuzestan Province are underway as planned, the CEO of Tamin Oil, Gas and Petrochemical Investment Company (Tapico)…
Persian Gulf Star Refinery in the port city of Bandar Abbas in Hormozgan Province has begun production of gasoline compliant with Euro-5 standards, managing director of the company said. "The…
Investments in Iraq's electricity sector are expected to accelerate in the coming years and Iran’s private sector should have a bigger share of the neighboring country’s market, said a member of…
Iran’s oil output cannot be replaced by other producing countries if Tehran is hit by sanctions by the United States in November, Oil Minister Bijan Namdar Zanganeh told the ministry’s website…
International Energy Agency chief Fatih Birol said Monday he is not worried Saudi Arabia will cut oil supply in response to any potential sanctions over the killing of journalist Jamal Khashoggi…
Saudi Arabia has no intention of unleashing a 1973-style oil embargo on western consumers and will isolate oil from politics, the Saudi energy minister said Monday amid a worsening crisis over…
With abundance of wind, Zabol in Sistan-Baluchestan Province has great potential for producing impressive volumes of electricity with wind turbines, Mahmoud Owkati, chancellor of the University…
Advanced knowhow for producing special water filters used in seawater desalination will be shared with Iran and assorted membrane filters required for water filtration systems will be…
An oil refinery built by Azerbaijan on Turkey's Aegean coast went into operation on Friday amid hope of helping Ankara cut dependence on foreign refined oil products. President Recep Tayyip…
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.
Iraqi Oil Minister Jabar al-Luaibi has reversed his decision to transfer the ownership of nine state-owned oil companies from the ministry to the newly formed Iraq National Oil Company, the…
China wants to launch a world-first ‘man-made moon’ over the southwestern city of Chengdu by 2020 to help illuminate the city at night. If the first artificial moon experiment is successful,…
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.
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.
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…
The 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…
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…
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.
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,…
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…
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…
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., two…
Asia's liquefied natural gas prices are set to go up on the back of surging oil prices and tightening supplies, according to analysts. It comes at a time when demand for LNG is set to shoot up…
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,…
