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June 12,2021
The 10 largest public oil firms in the world reported combined profits of $46 billion for the first quarter of 2021, thanks to higher oil prices this year.
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June 12,2021
OPEC predicted that the recovery in global oil demand will gather strength in the second half of the year, as the group prepares to consider reviving more halted output.
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June 12,2021
A rise in temperature, which has been predicted for the coming days, may lead to a surge in power consumption and hit an unprecedented record of 60,000 megawatts, the Energy Ministry’s spokesman...
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June 12,2021
Iran's crude processing capacity has experienced a 30% rise over the last seven years.
According to IRNA and based on information from the National Iranian Oil Company, refineries in Iran could...
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June 11,2021
Two water projects were inaugurated in Ilam and Kermanshah provinces in western Iran on Thursday.
Konjancham Dam in Mehran County, Ilam Province, was launched to help irrigate 2,750 hectares of...
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June 11,2021
Oil prices slipped on Friday but were set for their third weekly rise on expectations for a recovery in fuel demand in Europe, China and the United States, as rising vaccination rates lead to an...
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June 11,2021
The second gas unit of Hengam Power Plant in Bandar Abbas, southern Hormozgan Province, which was equipped with an indigenized F-class turbine, came on stream on Thursday in the presence of Deputy...
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June 09,2021
Since the beginning of the current water year (started Sept. 22, 2020) Iran has not received its fair share of water from Hirmand (known as Helmand in Afghanistan) River as per an agreement it had...
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June 09,2021
Oil prices rose for a second session on Wednesday on signs of strong fuel demand in western economies, while the prospect of Iranian supplies returning faded, as the US secretary of state said...
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June 09,2021
The plan to transfer water from Aras River in northwest Iran to Tabriz in East Azarbaijan Province awaits the allocation of financial resources by the government, the provincial governor general...
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June 09,2021
Iranian exporters aim to increase LPG exports to full capacity, if the US administration lifts sanctions that limited shipments from the country's petrochemical plants and gas refineries, adding to...
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June 08,2021
The National Iranian Oil Company paid $35 billion in natural gas subsidies in 2020, up 35% compared to 2018.
Oil Minister Bijan Namdar Zanganeh made the statement in a parliamentary hearing on...
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June 07,2021
Export of petroleum products (naphtha, diesel and gasoline) from the Persian Gulf Star Refinery, a subsidiary of the National Iranian Oil Refining and Distribution Company in the port city of...
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June 07,2021
Oil pulled back after hitting fresh multi-year highs on Monday, as investors awaited the outcome of this week’s talks between Iran and world powers over a nuclear deal that is expected to boost...
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June 07,2021
The National Iranian Gas Company prevented the emission of about 180 million tons of greenhouse gases in the last fiscal year (ended March 20, 2020) and emissions in the country's gas industry will...
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June 06,2021
Iran and Russia have agreed to improve collaboration in the development of energy sector in Iran.
In a meeting attended by Iran’s Energy Minister Reza Ardakanian and Managing Director of Russian...
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June 06,2021
The relocation of Tehran Oil Refinery is a costly venture and the implementation of such a major project is next to impossible at least in the near future, deputy interior minister and head of the...
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June 02,2021
The development of petrochemical industry will help reduce crude sales, produce value-added products from hydrocarbon resources and generate higher revenues for the country, director of planning...
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June 02,2021
The Iranian Central Oil Fields Company, a subsidiary of the National Iranian Oil Company, has launched operations to develop three gas fields in Fars Province, the managing director said....
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June 02,2021
At least 210 cities will encounter heightened water tension between June and September, director of the National Water and Wastewater Engineering Company of Iran (Abfa) said.
“In 7,000 rural...
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June 02,2021
OPEC+ stuck to its plan to hike oil output in July, but Saudi Arabia’s energy minister kept the market guessing as to whether the group will add more supply later this year to keep pace with the...
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June 01,2021
A year after shuttering unprecedented volumes of crude, the OPEC+ alliance is expecting world oil markets to get acutely tight.
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June 01,2021
Negotiations between the National Iranian Gas Company and Botas, Turkey's state oil and gas company, to renew a natural gas contract that expires in 2026, is underway, but no deal has been made yet...
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June 01,2021
Iran exported more than $1 billion worth of polymer products in the last fiscal year (ended March 20, 2021), the head of Export Commission of the National Plastic and Polymer Industries Association...
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June 01,2021
Iran will have no difficulty finding customers for its oil.
Oil Minister Bijan Namdar Zanganeh made the statement on Monday in Tehran in a ceremony to sign an agreement with five domestic...