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February 07,2023
About 60% of the drilling rigs of the National Iranian Drilling Company need to be upgraded, the vice president of NIDC said.
“The NIDC has 73 drilling rigs that are operating in different regions...
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February 07,2023
In terms of weight, 98% of the catalysts used in the oil industry are produced by Iranian manufacturers, managing director of Petrochemical Research and Technology Company said.
Pointing out that...
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February 07,2023
Oil prices hiked on Monday after falling 8% last week to more than three-week lows as concerns that slower growth in major economies may limit fuel consumption outweighed signs of a demand recovery...
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February 07,2023
Compressed natural gas stations across the country have sustained losses of about $4 million over the last month as the National Iranian Oil Company has restricted natural gas delivery to pumps...
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February 07,2023
More than 1,000 unauthorized wells in Khorasan Razavi Province have been sealed since the beginning of the current Iranian year (March 2022), the director of Protection and Operation Office of...
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February 05,2023
The second steam unit of Sabalan Combined Cycle Power Plant in Ardabil Province with a capacity of 160 megawatts was connected to the Iran’s national electricity network on Sunday, deputy for...
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February 05,2023
Crude oil production in Sivand and Esfand offshore oilfields off the Persian Gulf has increased by 20% or 16,000 barrels per day, the managing director of the National Iranian Oil Company said.
“...
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February 05,2023
Pars Oil and Gas Company, a subsidiary of the National Iranian Oil Company, signed a $900m contract Saturday with domestic company Iranian Offshore Engineering and Construction Company to develop...
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February 04,2023
Construction of phases 7 and 8 of the South Wastewater Treatment in Tehran is underway to expand the coverage of the sewage network in Rey County, south of Tehran.
The treatment plant includes...
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February 04,2023
Iran's liquefied petroleum gas shipments has risen by 50% to reach 310,000 tons per month, largely to Asia, since 2021.
Oil Minister Javad owji made the statement in a parliamentary hearing last...
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February 04,2023
A 10-megawatt solar power plant in Damghan County, Semnan Province was inaugurated by Energy Minister Ali Akbar Mehrabian on Friday and Iran’s renewable energy output capacity surpassed 1 gigawatt...
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February 01,2023
Natural gas exports to Iraq and Turkey has reduced by 46 million cubic meters per day, said Hamid Hosseini, the head of board of directors at Iranian Oil, Gas and Petrochemical Products Exporters’...
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February 01,2023
Bandar Abbas Oil Refinery in Hormozgan Province has increased its output capacity by 51% in recent years, the managing director of the refinery said.
“The capacity of the refinery in Bandar Abbas...
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February 01,2023
Oil prices rose on Wednesday as signs of slowing inflation in the United States eased fears that the world's largest oil user may face a recession because of further interest rate hikes and a...
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February 01,2023
After supplying gas to the cities of Zabol and Khash in Sistan-Baluchestan Province in the past few months, the third largest gas project in the vast province will become operational soon with the...
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February 01,2023
A knowledge-based company, based in Tehran’s Shamsabad Industrial Town, has indigenized a top drive system (TDS) that is used to drill oil and gas wells to the depth of 4,000 meters, head of the...
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January 31,2023
South Pars Gas Complex in Bushehr Province has produced 700,000 barrels of gas condensates per day during the first 10 months of the current Iranian year (March 21, 2022-Jan. 20), director of...
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January 29,2023
In lines with policies to fight against air pollution, the Oil Ministry has allocated close to $20 billion not only to boost the quality of its refined products but also to collect associated...
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January 28,2023
Energy efficiency and renewable energy policies can substantially reduce the demand for and supply of energy generated from fossil fuels namely natural gas, oil and coal-fired power plants.
Meysam...
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January 28,2023
Energy efficiency and renewable energy policies can substantially reduce the demand for and supply of energy generated from fossil fuels namely natural gas, oil and coal-fired power plants.
Meysam...
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January 24,2023
The National Iranian Oil Company is projected to sell 1.4 million barrels per day of crude oil at $85 as per the budget law of next Iranian year (March 2023-24), partly by using a barter system....
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January 21,2023
Adopting a floating pricing mechanism for feedstock delivered to the petrochemical sector is necessary to help sustain production and guarantee long-term profit, the head of Masjed Soleyman...
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January 17,2023
Despite freezing temperatures and heavy snowfalls in different parts of Iran, which have led to a record high gas consumption, the gas grid is stable throughout the country, although a slight...
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January 16,2023
As long as the Financial Action Task Force, the global anti-money laundering watchdog, does not remove Iran from its blacklist, the country cannot have a say in the global oil and gas markets, an...
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January 16,2023
The Energy Ministry has approved the transfer of 50 million cubic meters of water from the Shahriar Dam in Mianeh County, East Azarbaijan Province, to Ardabil Province, the representative of...