Some 2,400 projects are underway in water, wastewater and power sectors across the country, which have progressed by 60% on average.
Energy Minister Reza Ardakanian made the statement on…
Energy
In line with plans to boost gas output from South Pars Gas Field in the Persian Gulf, the second offshore platform of the field’s Phase 14 was installed with flying colors.
Iranol Oil Company, a major local motor oil producer, has launched a new export terminal at Imam Khomeini Port in the southern Khuzestan Province.
According to Isa Es'haqi, managing…
Oil prices fell on Wednesday as a tropical storm hitting the US Gulf Coast weakened and had a lower impact on production than initially expected. US West Texas Intermediate crude futures were at…
Oil Minister Bijan Namdar Zanganeh said Iran’s annual ethane production has increased by 60% over the course of four years to March 2018, amounting to 6 million tons, and is slated to observe a…
Saudi Aramco awarded on Tuesday to Baker Hughes the first integrated services contract for capacity expansion of its large offshore Marjan Oilfield, the Saudi firm’s biggest upstream development…
The world’s top oil buyers are discovering that US sanctions on Iran will squeeze their trade flows whether they agree with America or not.
It was only about three months ago that India’…
Iran plans to move its main oil export terminal from the Persian Gulf to a terminal in the Sea of Oman, AFP quoted Iranian President Hassan Rouhani as saying.
Oil Minister Bijan Namdar Zanganeh said Iran’s annual ethane production has increased by 60% over the course of four years to March 2018, amounting to 6 million tons, and is slated to observe a…
Dehdasht Petrochemical Industries Company and Nargan Company, as the contractor, signed an agreement on building a heavy polyethylene production plant in the city of Dehdasht, Kohgilouyeh-…
US crude oil has not traded at $95 a barrel since 2014, but this is the year that could change.
Energy expert John Kilduff counts Iran sanctions as the top reason why West Texas…
Qatar has set the August retroactive official selling price for its Marine crude at $72.9 per barrel, down from $73.5 a barrel for the previous month, a document issued by the company and…
Iran may resort to various ways of reducing the impact of US sanctions on its oil exports and those tactics could include secret oil shipments without trackers on tankers, bartered trades,…
Japan's major oil wholesalers are preparing to suspend crude oil imports from Iran in October, amid fears Washington will sanction countries importing Iranian crude, local media reported on…
Gasoline consumption in the fifth Iranian month that ended on Aug. 22 reached an unprecedented average of 100 million liters per day, forcing the National Iranian Oil Products Distribution…
The National Iranian South Oil Company, a subsidiary of state-owned National Iranian Oil Company, signed two contracts, worth $1.2 billion, on Tuesday with two domestic companies on preventing…
President Hassan Rouhani inaugurated three major petrochemical ventures in the southern city of Asalouyeh in Bushehr Province on Tuesday, in a ceremony attended by Oil Minister Bijan Namdar…
President Hassan Rouhani is due in the southern city of Asalouyeh in Bushehr Province this week to inaugurate petrochemical ventures.
To supply underprivileged regions with gas, a large compressed natural gas station became operational in Nain County in Isfahan Province, managing director of Isfahan Gas Company said on Monday…
Half of electricity network installations in Tehran, Alborz and Qom provinces are over 20 years old, raising the vulnerability of the grid, the head of Tehran Regional Electricity Company said…
In line with the Energy Ministry's push to boost output from joint hydrocarbon reservoirs, Iran's Petroleum Engineering and Development Company (PEDEC) is making efforts to ramp up crude…
India and France have joined hands to spearhead a global "solar revolution" with the aim of generating 1 terawatt of energy by 2030, an ambitious goal that requires $1 trillion.
Top oil exporter Saudi Arabia is expected to keep prices for the light crude grades it sells to Asia largely unchanged in October from the previous month to keep its oil competitive against…
Oil prices rose on Monday, supported by concerns that falling Iranian output will tighten markets once US sanctions bite from November, but gains were limited by higher supply from OPEC and the…
After 24 years, Denmark will start importing oil again, primarily due to lower production in the North Sea area.
Last year, Denmark was self-sufficient in oil. As oil production is…
