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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,...
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September 29,2018
Head of the National Iranian Gas Export Company said cooperation with Oman is developing slowly due to legal issues rooted in stringent regulations in both countries.
Mehran Amir-Moeini told ISNA...
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September 29,2018
Russia’s oil production averaged 11.3 million bpd between September 1 and 27, up by more than 130,000 bpd compared to August and on course to set a new record-high in the post-Soviet era.
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September 29,2018
Director of supply and distribution at the National Iranian Oil Products Distribution Company has announced that Euro-4 gasoline and diesel sales have increased by 22% and 6% respectively in the...
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September 28,2018
Topsides of 13B main platform and 13D satellite platform of the South Pars Gas Field were loaded at Iran Marine Industrial Company (also known as SADRA) in the northwest of Persian Gulf.
Payam...
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September 28,2018
India is committed to buying Iranian oil and continuing the bilateral economic cooperation, the foreign minister said Thursday
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September 28,2018
Water and power projects in several towns in Semnan Province were inaugurated by Energy Minister Reza Ardakanian on Thursday.
One of the projects was the first solar power plant in the village of...
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September 28,2018
Oil prices are likely to climb continuously into next year, as concerns over drops in supply from the likes of Iran and Venezuela outweigh any worry that global trade disputes could undermine...
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September 28,2018
The mounting US pressure notwithstanding, Indian private petrochemical firms want to continue their trade and business with Iran’s petrochemical sector.
Bhavin Vora, head of a Indian private...
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September 26,2018
Turkey will continue to purchase Iran's natural gas, despite the US sanctions on Tehran, President Recep Tayyip Erdogan noted while in New York attending the annual United Nations General Assembly...
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September 26,2018
The domestic petrochemical industry is well placed in the global market and plans to expand, said the director of planning and development at the state-run National Petrochemical Company.
Speaking...
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September 25,2018
Oil prices hit their highest since November 2014 on Tuesday, topping four-year highs from the previous day, as looming U.S. sanctions against Iran and reluctance by the OPEC
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September 25,2018
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...
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September 25,2018
The unprecedented decline in precipitation during the past water year (Sept. 23, 2017-Sept. 22, 2018) and years of drought have caused a steep decline in the water stored in hydroelectric dams. As...
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September 25,2018
Energy trader Vitol will stop doing business with Iran after the US re-imposes sanctions on Tehran’s oil trade from November 4, a senior company executive said on Tuesday.
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September 24,2018
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, from...
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September 24,2018
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 a...
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September 24,2018
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 statements made...
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September 23,2018
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...
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September 23,2018
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...
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September 23,2018
OPEC is dying. President Donald Trump will probably rejoice. But he may not like what takes its place any better.
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September 23,2018
Gasoline production at Iran's Persian Gulf Star Refinery will reach 40 million liters per day by the end of the current fiscal (March 2019), the operation manager said.
"Work to develop the third...
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September 22,2018
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.
"The meeting...
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September 22,2018
Emirates National Oil Company has begun storing jet fuel on tankers ahead of US sanctions...
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September 22,2018
India’s Reliance Industries has shut down an oil and gas field in the offshore Krishna-Godavari basin...