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April 10,2018
In line with plans to complete the value-added chain in Sadaf Petrochemical Asalouyeh Company, a styrene-butadiene rubber (SBR) unit is being constructed in the company under the supervision of...
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April 09,2018
Iran is in dire need of investment to boost domestic production, Oil Minister Bijan Namdar Zanganeh said.
“The most important measure we should take is to facilitate the flow of investment in the...
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April 09,2018
South Korea’s KTC Company is set to develop a 200-megawatt solar plant in the southern city of Fasa in Fars Province in the current fiscal that started on March 21.
The company signed a deal worth...
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April 09,2018
Oil markets stabilized on Monday after slumping around 2% last Friday on concerns over an...
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April 09,2018
The US is exporting crude oil at a record pace with no signs of slowing down, which has the potential...
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April 09,2018
To boost petrochemical output capacity, improvement and optimization of 12 petrochem plants are underway in different provinces, production manager at the National Petrochemical Company said.
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April 09,2018
Shale drillers boosted drilling activity in the US oil patch to the highest in three years even as American...
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April 09,2018
Kinder Morgan Canada Limited (KML) on Sunday suspended most work on a $5.8-billion oil...
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April 08,2018
The Finnish government said it had given its consent for the construction of the Nord Stream 2 pipeline...
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April 08,2018
A comprehensive overhaul of the oil industry, including renovation of decades-old infrastructures, and investments are needed to develop oilfields and increase crude output.
However, Mohammad Reza...
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April 08,2018
Austrian energy group OMV said it has reached an agreement with Abu Dhabi National Oil Company to...
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April 08,2018
China invested a total of $126.6 billion in renewable energy in 2017, the highest figure ever and...
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April 08,2018
BP expects up to a tenth of its total earnings to come from India over the next 10 years, but not...
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April 08,2018
Gasoline import will decrease by 50% in the summer (June 22 to Sept. 22), the head of National Iranian Oil Products Distribution Company said.
"It is projected that the country will need to import...
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April 08,2018
Karoun Petrochemical Company (KRNPC) in Mahshahr Special Petrochemical Economic Zone in Khuzestan Province has produced a modified version of methylenediphenyl diisocyanate.
The product, dubbed '...
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April 08,2018
Austrian energy group OMV said it has reached an agreement with Abu Dhabi National Oil Company to...
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April 07,2018
A senior energy official warned against injudicious gas consumption in Iran, calling on both private and public sectors to adopt more efficient patterns.
Saeed Momeni, the National Iranian Gas...
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April 07,2018
International energy giants, which can bring investment and technology to the oil-rich Iran, are awaiting the United States’ decision on the Joint Comprehensive Plan of Action, Iran’s nuclear deal...
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April 07,2018
An analysis of crude oil production in Iran shows that approximately $21 billion in capital expenditure...
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April 07,2018
Saudi Arabia’s state oil company will sign an agreement this weekend with a British oilfield services firm...
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April 07,2018
In line with efforts to fast-track power plant construction projects, a 460-megawatt power station in Mazandaran Province, Noshahr County, will become operational by May, managing director of...
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April 07,2018
Russian companies are expected to invest $22.5 billion in oil production this year, with crude output and...
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April 07,2018
The Iraqi Oil Ministry signed a two-year contract with Anton Oilfield Services and Petrofac on Thursday to...
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April 06,2018
Russian Energy Minister Alexander Novak said an arrangement under which Moscow cooperates with the...
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April 06,2018
Oil prices fell on Friday after US President Donald Trump’s threat of new tariffs on China reignited...