Iran’s lack of new marketing activities in the natural gas sector has prevented the country from dominating regional and global markets.
Nasrollah Seifi, the former managing…
Energy
Amir Kabir Petrochemical Company has boosted its shares’ profit for the current Iranian year (started March 21) by 20% compared to that of the previous year.
An urgent water pipeline project is expected to curb the growing water crisis in the cities of Abadan, Khorramshahr, Darkhovein and Shadegan in the southern Khuzestan Province within two weeks…
BP and its partners have started the $28-billion Shah Deniz 2 gas development project in Azerbaijan, which is the starting point of the Southern Gas Corridor for gas supplies into Europe and…
Italy’s oil major Eni will announce by the end of this year binding commitments to become carbon neutral, its chief executive Claudio Descalzi said on Monday, in what would be the first pledge…
Indian refiners are preparing for any scenario in case they are unable to import any Iranian crude oil, as the United States has stepped up pressure on countries to bring Iranian exports down to…
Iraq’s oil exports from the southern ports on Persian Gulf averaged 3.52 million barrels per day in June, slightly above the May average, the oil ministry said in a statement. Iraq exported 3.49…
Expanding gas grid and supplying industrial and household sectors with natural gas in the underprivileged Sistan-Baluchestan Province top the National Iranian Gas Company's priorities, managing…
Iran can earn substantial revenues from electricity exports to regional markets to compensate reductions in the exports of other low value-added energy products like oil and gas, the deputy…
Qadir Petrochemical Company in the southern Khuzestan Province plans to raise its output of polyvinyl chloride, or PVC, to as much as 160,000 tons per year from the current 120,000 tons until…
Tehran Province’s power demand increases by about 150-200 megawatts with the rise of each degree Celsius in temperature, the managing director of Tehran Regional Electricity Company said on…
Iran’s crude oil and condensate exports reached 2.6 million barrels per day in June, higher than its average volumes over the past year.
Last month, Iran’s crude oil exports reached 2.28…
Gas condensate delivery to domestic refining complexes has experienced a huge rise in the past few months, the National Iranian Oil Company's director for international affairs said.
Asian demand for imported oil is set to slow for a second straight month in July, trade flow data showed on Monday, as economic growth starts to stutter amid an escalating trade dispute with the…
US President Donald Trump’s sustained bid to disrupt Iran’s petroleum exports could soon push oil prices above $90 a barrel, analysts told CNBC.
Russian energy giant Gazprom will still be able to finance the Nord Stream 2 gas pipeline project even if US sanctions are imposed on Western European partners in the project, the Nord Stream 2…
US President Donald Trump lashed out at OPEC with a warning to stop manipulating oil markets and piled pressure on close US allies in an interview that aired on Sunday with a threat to sanction…
Iran has asked fellow OPEC members to "refrain from any unilateral measures", warning that would undermine the unity of OPEC, following reports that Saudi Arabia has raised its oil production to…
US President Donald Trump’s administration backed off an assertion he made hours earlier indicating he persuaded Saudi Arabia to effectively boost oil production to its maximum capacity, which…
Iran will allow private companies to export crude oil, as part of a strategy to counter US sanctions, First Vice President Es'haq Jahangiri said on Sunday.
The country is looking at ways…
Kuwait will raise oil output by 85,000 barrels per day starting this week, part of an agreement between OPEC and non-OPEC producers to increase production by 1 million bpd, the country's energy…
The construction operations of Sixth Iran Gas Trunkline (IGAT-6)–a major component of the national gas grid–have been completed, the managing director of National Iranian Gas Company said on…
Amir Kabir Petrochemical Company in the southern Khuzestan Province exported over 21,000 tons of products in the last fiscal year (ended March 20, 2018), indicating a 100% growth compared with…
The first development phase of Bandar Abbas water desalination unit in Hormozgan Province will be completed in July, the governor general of the province said.
US crude production fell marginally by 2,000 barrels per day to 10.46 million bpd in April from the highest on record in March, the Energy Information Administration said in a monthly report on…
