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October 05,2018
Qatar's energy minister has defended OPEC's oil market strategy, saying a deal between the oil producing group and non-OPEC producers is not aimed at manipulating oil prices.
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October 05,2018
Years of drought have left decision-makers with little option but to meet a bigger share of freshwater need for the growing population from seawater, said the deputy for supervising operations at...
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October 05,2018
Indian buyers reduced US crude purchases and loaded up on Iranian oil ahead of the restart of US sanctions next month and as the WTI-Brent differential narrowed, according to traders and shipping...
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October 05,2018
South Pars Gas Complex accounts for more than 71% of Iran’s total gas production, the managing director of South Pars Gas Complex said.
“Close to 650,000 barrels of gas condensate per day is...
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October 05,2018
Iran has the capacity, ability and infrastructure to play a bigger role in regional and global natural gas markets.
Hamidreza Araqi, the head of National Iranian Gas Company, made the statement at...
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October 05,2018
Qatar's energy minister has defended OPEC's oil market strategy, saying a deal between the oil producing group and non-OPEC producers is not aimed at manipulating oil prices.
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October 03,2018
The delayed project to swap Kirkuk oil from Iraq to Iran was launched last week.
Seyyed Hamid Hosseini, secretary general of Iran-Iraq Chamber of Commerce, made the statement on Monday, ISNA...
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October 03,2018
US crude oil shipments to China have “totally stopped”, the president of China Merchants Energy Shipping Co. said on Wednesday, as the trade war between the world’s two biggest economies takes its...
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October 03,2018
Consumption of jet fuel in the first half of the current fiscal (began in March) has declined by about one million liters compared with the corresponding period last year, director of the Aviation...
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October 03,2018
Syria’s Electricity Minister Mohamed Zuhair Kharboutli has called for strengthening cooperation with Iran in the power sector saying Iranian companies are always a priority and the Islamic Republic...
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October 02,2018
Petrochemical output reached close to 27.5 million tons over six months, the National Petrochemical Company said in a report.
"Production of petrochemicals and polymers in the 57 petrochem ...
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October 02,2018
The number of compressed natural gas stations has reached 2,436, the National Iranian Oil Refining and Distribution Company's director for CNG stations said.
“Plans call for building 150 new CNG...
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October 02,2018
OPEC’s oil production in September rose by 90,000 bpd from August to 32.85 million bpd—the highest level so far this year, but a plunge in Iranian production partly offset higher production in...
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October 02,2018
Power wastage in the national electricity grid has fallen to under 10% in the last two weeks, deputy of distribution coordination at Iran Power Generation, Distribution and Transmission Company (...
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October 02,2018
Water and electricity consumption in Bahregan Oilfield, in southern Bushehr Province, show 25% and 5% decline in the first half of the current fiscal (began in March) compared to the same period...
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October 01,2018
Close to 2.57 billion kilowatt hours of electricity was generated from alternative energy sources over nine years curbing both water and fossil fuel consumption.
This volume of clean energy was...
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October 01,2018
Japan's crude oil imports from Iran jumped 65% year on year in August, marking the fourth consecutive month of increase, according to government trade data released Thursday.
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October 01,2018
Petroleum Engineering and Development Co. (PEDEC), a subsidiary of the National Iranian Oil Company, Petro Omid Asia Company and Omid Investment Management Group signed a contract on Sunday to...
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October 01,2018
Iraq plans to increase the production and exports of light crude oil to 1 million barrels per day in 2019, as part of its strategy to boost state revenue
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October 01,2018
Denying reports about curbing oil output, Ali Kardor the CEO of the National Iranian Oil Company says Iran has no plans to cut production and NIOC is pumping as before.
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September 30,2018
Close to 60% of plants that receive feedstock from petrochemical units have shut down and the rest are working at 30% capacity due to lack of raw materials, a board member of the Iran National...
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September 30,2018
The amount of energy wasted on the way to reach the consumers in the country equates to the energy released by burning almost 500 million barrels of crude oil, a noticeably prohibitive volume, said...
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September 30,2018
Iraq has begun producing gas from the Nasiriya oilfield in the south of the country at a rate of 1.4 million cubic meters a day,
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September 30,2018
China has hiked its 2019 crude oil import quota for “non-state trade”, generally meaning independent refiners, by 42% to 202 million tons
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September 29,2018
China’s Sinopec Corp is halving loadings of crude oil from Iran this month, as the state refiner comes under intense pressure from Washington to comply with a US ban on Iranian oil from November,...