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June 20,2018
Oil Minister Bijan Namdar Zanganeh rejected leaving the 2016 pact of curbing oil output by OPEC members.
"Every decision in OPEC needs unanimity … I do not believe that we can reach an agreement...
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June 20,2018
The state-run Renewable Energy Organization of Iran, aka SUNA, settled roughly $23.6 million of unpaid dues for purchasing electricity from renewable power stations, the head of the organization...
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June 20,2018
China’s proposed tariffs on US petroleum imports, part of a mounting trade war between the two...
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June 20,2018
National Iranian Oil Company plans to increase the production capacity of its oilfields by 400,000 barrels...
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June 20,2018
Zanjan Petrochemical Complex’s registered capital has experienced a sixfold increase in the past three years, which can contribute to Zanjan Province’s growth in acquiring modern technologies, the...
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June 20,2018
India, the world’s third-largest oil consumer, expects a responsible approach from its...
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June 19,2018
Despite expectations that OPEC and Russia will likely decide to boost production this...
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June 19,2018
Japan’s Osaka Gas Company said on Tuesday it would bring forward its schedule for restoring normal piped...
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June 19,2018
Operations to develop South Pars Gas Field's Phase 11 in the Persian Gulf are moving forward despite Total abandoning the venture, the deputy for development and engineering at the National Iranian...
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June 19,2018
ExxonMobil plans to develop a project to import liquefied natural gas on Australia’s east coast that...
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June 19,2018
Beijing’s retaliatory measures against US tariffs can include penalties on oil coming to China from...
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June 19,2018
Despite the US-Saudi Arabia ploy to coerce OPEC members' to raise output, the National Iranian Oil Company should strongly hold its position to maintain oil production and exports at the current...
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June 19,2018
Domestic water and power plans are expected to draw a total of €4 billion ($4.63 billion) in finance from Islamic Development Bank, ECO Trade and Development Bank as well as Asian Infrastructure...
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June 18,2018
The construction operation of the mega petrochemical project in the city of Masjed Soleyman in southern Khuzestan Province is in a good stage of development, the CEO of Masjed Soleyman...
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June 18,2018
The National Iranian Oil Company needs a policy paradigm shift to develop oilfields, a member of Iran's Institute for International Energy Studies said.
"The new model of oil contracts—the Iran...
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June 18,2018
China’s threat to impose duties on US oil imports will hit a business that has soared in the last two...
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June 18,2018
Venezuela’s economic and oil industry demise is likely to result in its crude oil exports to...
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June 18,2018
Shahid Mofatteh Power Plant in Hamedan Province has scaled back its gas consumption by 22.8% in the past three months compared with the corresponding period of the last fiscal year (ended March 20...
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June 18,2018
Iran says Venezuela and Iraq will join it in blocking a proposal to increase oil production, which...
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June 18,2018
Norwegian oil and gas firm Equinor has awarded drilling and well service contracts worth 30 billion...
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June 17,2018
Turkey is taking advantage of its abundant supply of freshwater as a bargaining chip not only to help preserve national integrity but also to help its economy thrive, a senior research fellow at...
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June 17,2018
The US political pressure on Saudi Arabia to boost oil output, irrespective of OPEC's agreement on production curb, is more of a conspiracy against the organization to undermine its decision...
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June 17,2018
Venezuela’s plummeting oil production is nearing the psychological threshold of just 1 million...
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June 17,2018
Egypt has raised gasoline prices by up to 50%, its oil minister said on Saturday, under an IMF reform plan...
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June 17,2018
The Oil Ministry plans to modify the contracts it had earlier signed with domestic oil parts manufacturers so that they would be able to fulfill their commitments, the head of the Society of...