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April 18,2018
The Iranian Oil Pipeline and Telecommunications Company transferred over 5.8 billion liters of petroleum products to five northeastern provinces of the country in the last fiscal year (ended March...
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April 18,2018
Bid Boland Gas Refinery project in the city of Behbahan, Khuzestan Province, will play a significant role in the expansion of the downstream petrochemical sector, the head of National Petrochemical...
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April 18,2018
Oil major Total said it will buy a majority stake in French electricity retailer Direct Energie in...
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April 18,2018
Middle East and North African countries need to invest $260 billion over the next five years for...
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April 18,2018
Russia is committed to its OPEC pact with Saudi Arabia and will continue to supply Europe...
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April 18,2018
The Organization of Petroleum Exporting Countries is moving toward maximizing its members' profit and stabilizing the market, the National Iranian Oil Company's former deputy for international...
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April 18,2018
The Russian Energy Ministry is working with Iran on extension of the agreement on oil supplies to...
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April 18,2018
Oil prices edged up on Wednesday, lifted by a reported fall in US crude inventories and the ongoing...
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April 17,2018
Domestic manufacturers are capable of providing technical services and producing 80% of advanced oil equipment to develop downstream and midstream projects that will be tendered by the Oil Ministry...
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April 17,2018
The National Iranian Drilling Company, a subsidiary of the National Iranian Oil Company, has signed two deals with NIOC's Exploration Management Department on providing equipment and services for...
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April 17,2018
Oil prices rose on Tuesday amid worries there could be a high risk of supply disruptions, especially...
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April 17,2018
In spite of the recent rainfalls across the country, Iran will face power shortage in the summer, a deputy at Iran Power Generation, Distribution and Transmission Company (Tavanir) said on Monday...
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April 17,2018
Iran's hydrocarbon reserves will last 155 years. Houtan Salari, a deputy at the National Iranian Oil Company, made the statement on the sidelines of "Third Argus Iran LPG and Petrochemical...
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April 17,2018
OPEC and allied producers will consider extending an agreement to cut oil output into 2019 when...
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April 17,2018
Citigroup analysts raised their forecast for oil prices for this year and next due to rising...
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April 16,2018
The first phase of gas feedstock delivery in the form of compressed natural gas to a power plant in the city of Chabahar in the southeastern Sistan-Baluchestan Province will be launched in May, the...
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April 16,2018
The high price of gas feedstock used to generate electricity for export does not justify investment in building power plants, the head of the board of directors at Iran’s Electrical Industry...
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April 16,2018
Oil fell more than 1% on Monday as markets opened after western airstrikes in Syria over the...
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April 16,2018
Iran's export of crude oil and condensates to Asian and European markets amounted to 2.1 million barrels per day in March. According to Shana, Oil Ministry's news portal, the figure breaks down to...
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April 16,2018
Efforts are underway to end gas flaring in two oilfields in the southern province of Khuzestan in the coming months, a senior official at the National Iranian Oil Company said.
"The gas flaring in...
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April 16,2018
With the US opting out of the Paris climate agreement, many have turned their focus to China...
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April 16,2018
The Russian Energy Ministry is confident of implementing the Nord Stream-2 gas pipeline...
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April 15,2018
The country's refineries produced close to 214 billion cubic meters of natural gas in the fiscal 2017-18, the National Iranian Gas Company's production manager said.
"The output indicates a hike...
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April 15,2018
Close to 3,000 megawatts in new power capacity will be added to the national grid to meet the electricity peak in summer, the managing director of Iran’s Thermal Power Plants Holding Company said...
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April 15,2018
Venezuelan President Nicolas Maduro has decreed extra powers to his oil czar Manuel Quevedo to...