The National Iranian Oil Company and Rosgeologia—Russian State Geological Company— have started work on updating Iranian oil and gas fields' seismic data and carrying out a number of water…
Energy
The first Iranian oil cargo to Greece will be delivered by the end of March.
Hellenic Petroleum, Greece's largest refiner, signed a deal with the National Iranian Oil Company in January to…
South Africa and Saudi Arabian ACWA Power launched a $328 million solar power plant in the Northern Cape Province, as Africa's most industrialized country rushes to expand its power supply and cut…
The Obama administration is set to reverse course on opening Atlantic waters to a new generation of oil and gas drilling, after a revolt by environmentalists and coastal communities that said the…
In a decision of far-reaching strategic implications, India is all set to sign a deal to have a direct subsea gas pipeline from Iran, by circumventing Pakistan.
The subsea pipeline would…
Iraq’s state-run North Oil Company has stopped pumping crude produced at fields it operates in the Kirkuk area through a pipeline to Turkey, three sources said. The pipeline carries crude to the…
Regaining the lost market share in Europe is the top priority of the National Petrochemical Company, as Europeans are not willing to invest in petrochemical projects due to their limited feedstock…
Iran has expressed interest in providing 3,000 megawatts of electricity to Pakistan to tackle the country’s persistent power outages, according to sources familiar with the matter.
The National Iranian Drilling Company is accelerating operations to complete the drilling of wells at eight oil and gas fields, deputy director of National Iranian Drilling Company said.
Iran’s Oil Ministry has taken no new decision to scrap smart fuel cards, the oil minister announced.
“Although I agree with stopping the distribution of gasoline via electronic fuel cards,…
Oil fell around 3% on Monday after Iran dashed hopes of a coordinated production freeze any time soon, returning bearish sentiment to the market over a supply glut that has sent prices crashing.…
China's total nuclear power generation capacity is expected to reach 120-150 gigawatts by 2030, requiring the construction of an average of eight to 10 new units a year over the next 15 years,…
Only half of the capacity of compressed natural gas stations across Iran is being used, managing director of National Iranian Oil Refining and Distribution Company announced.
“There are…
Iran’s January oil exports to Japan witnessed a rise of 10.7% to reach 195,000 barrels a day.
According to a report published by Japan’s Ministry of Economy, Trade and Industry, the country…
Iranian Gas Engineering and Development Company plans to lay 5,000 kilometers of gas pipeline in addition to building 25 gas compressor stations by the end of the sixth five-year development…
Russia's Energy Minister Alexander Novak said on Monday Iran has the right to pump more barrels of oil despite a call by OPEC members and producers outside the 13-member organization to freeze…
Italian engineers hired to help prevent a catastrophic collapse of Iraq's largest hydroelectric dam will need at least two months to assess the structure before starting major maintenance work, a…
Italian firm Eni began producing oil from its Goliat field in the Norwegian Arctic late on Saturday, making it the world's most northerly oilfield in production.
"It started last night,"…
Iran is holding negotiations with the International Group of Protection & Indemnity Clubs in a meeting in Dubai, the UAE, to ease the transportation of crude oil it sells to customers…
A consortium made up of Indonesia's state energy firm PT Pertamina and Japan's Marubeni Corp. has signed a deal with General Electric for the US firm to provide gas turbines for a $2 billion power…
The French oil and gas giant Total and National Petrochemical Company have reached an agreement to jointly construct a petrochemical complex in Iran.
According to Mehr News Agency, the two…
As long as Iran's pre-sanctions target of producing 4 million barrels of oil per day has not been reached, the country will not participate in meetings for discussing an oil freeze, Iran's oil…
Eight years ago, 75% of Iran’s total annual spending were provided by selling crude oil and gas—a volume that has dropped below 20% now.
Iran’s Vice President for Science and Technology…
Oil prices might have bottomed as production declines in the United States and other non-OPEC producers are accelerating and an increase in supply from Iran has been less than dramatic, the…
A meeting between oil producers to discuss a global pact on freezing production is unlikely to take place in Russia on March 20, sources familiar with the matter say, as OPEC member Iran is yet to…
