India’s crude oil demand is forecast to grow to 500 million tons per year by 2040, but persistent increases in oil prices might act as a dampener for the rate of growth, Partha Ghosh, an…
Energy
Production of premium gasoline, marketed as "super", will restart in Isfahan Oil Refinery in Isfahan Province, and at Imam Khomeini Oil Refining Company in Shazand in Arak, Markazi Province,…
South Korea has not purchased any petroleum products from Iran for three consecutive months.
Oil Ministry's spokesman Kasra Nouri made the announcement, exposing the contradictory…
The Majlis Research Center says consumers who exceed reasonable limits constitute 15% of the total electricity subscribers and has called for revising electricity tariffs for large consumers as…
OPEC is dying. President Donald Trump will probably rejoice. But he may not like what takes its place any better.
For a while, in its youth, the group burned so very bright, helping…
Water in dams surrounding the capital in the last water year (Sept. 23, 2017-Sept. 22, 2018) has declined by 210 million cubic meters -- a 25% decrease compared to the corresponding period last…
Gasoline production at the Persian Gulf Star Refinery will reach 40 million liters per day by the end of the current fiscal (March 2019), the operation manager said.
Iran Oil Minister Bijan Zanganeh said on Sunday he hoped decisions taken by the Joint OPEC-non-OPEC Ministerial Monitoring Committee (JMMC) would not be affected by US President Donald Trump’s…
The joint OPEC and non-OPEC ministerial committee, aka JMMC, which is due to meet today in Algeria, has decided to adjust Iran’s declining share in OPEC, a senior energy analyst said.
Over 4.56 trillion rials ($30 million) have been allocated to projects for supplying natural gas to 500 villages in the northern Mazandaran Province by the end of the current fiscal year (March…
Emirates National Oil Company has begun storing jet fuel on tankers ahead of US sanctions against Iran to ensure planes arriving and leaving Dubai have enough fuel, industry sources said.
…
Millions of dollars in subsidies for a Nova Scotia tidal project is just one of the coming announcements, as Ottawa boosts riskier forms of renewable energy, says the federal natural resources…
India’s Reliance Industries has shut down an oil and gas field in the offshore Krishna-Godavari basin after its production rates began to decline several months ago, the company said in a…
Iran's LPG shipments loaded, or due for lifting, in September dipped to 356,000 million tons ahead of new US sanctions in November, after hitting 568,000 million tons last month, the highest…
An OPEC and non-OPEC monitoring committee found that oil producers’ compliance with a supply-reduction agreement reached 129% in August, two committee delegates said on Saturday. Compliance with…
Oil Minister Bijan Namdar Zanganeh on Thursday said he would veto any OPEC deal that imperils Iran's oil market share, after the organization's talks with Russia and other partners to…
Crude oil exports from southern Iraq are close to a record high so far in September, averaging 3.6 million barrels per day as of Thursday, according to sources who had tracked shipping data to…
ExxonMobil, Chevron and Occidental Petroleum are joining the Oil and Gas Climate Initiative to mitigate climate change.
India may revert to paying Iran in rupees for the oil it buys from its third largest supplier, as US sanctions will from Nov. 4 block the use of US dollars to settle such trades, a top official…
US President Donald Trump on Thursday demanded OPEC lower prices, boasting that Middle East Arab countries owe their security to American support. “We protect the countries of the Middle East,…
Iran's top engineering and energy enterprise MAPNA Group is set to embark on a petrochemical project and implementation of power plants in the Parsian Special Economic Energy Zone in the…
Imposing sanctions against oil producing states like Iran will have an adverse impact on oil markets as well as the world's economy, the country's former governor at the Organization of…
Operations to build new combined-cycle power plants in southeastern Sistan-Baluchestan Province, with a collective capacity of 1,350 megawatts, are underway as part of efforts to minimize…
The second development phase of Abadan Oil Refinery in Khuzestan Province is making progress as per the envisaged plans, the refinery’s managing director said.
Iranian Central Oil Fields Company plans to develop eight gas fields so as to prevent a reduction in their extraction rate, ICOFC’s managing director said.
