As part of a drive to protect the environment and curb air pollution, the Comprehensive Monitoring Office at the Department of Environment has reached a deal with the National Iranian Oil…
Energy
Gas Exporting Countries Forum, an industry group representing gas sellers, will support its members against US sanctions as the restrictions have no economic basis, GECF’s secretary-general said…
Three new platforms of the South Pars Gas Field's phases 13, 14 and 22-24 in the Persian Gulf will be installed by summer end (Sept. 22), Pars Oil and Gas Company's director for project planning…
Oil Minister Bijan Namdar Zanganeh has called on UAE Minister of Energy and Industry Suhail Mohammed Al Marzouei to include in the June 22 meeting of the organization in Vienna ways and means to…
Lukoil, Russia’s second biggest oil producer, said on Tuesday it had decided not to go ahead with plans to develop projects in Iran at present due to the threat of US sanctions, a company…
A total of 63 plans with a progress rate of 60-90% are under construction in the petrochemical industry, the head of board of directors at Iran’s Association of Petrochemical Industry…
The National Iranian Drilling Company has conducted 209 logging operations on the country's onshore and offshore hydrocarbon reservoirs since the beginning of the current fiscal that started on…
International expositions are the best opportunity to introduce Iranian technological breakthroughs in oil drilling sector to foreign markets.
Hamidreza Tayebi, the head of Academic…
Iran’s Oil Minister Bijan Namdar Zanganeh said on Wednesday French oil major Total has two months to seek exemption from US sanctions after Washington’s withdrawal from the international nuclear…
Oil prices steadied on Wednesday after falling steeply in recent days on concerns that Saudi Arabia and Russia will pump more crude in the second half of the year in response to falling global…
The Royal Bank of Scotland said that it would no longer provide project-specific funding for new coal-fired power stations, thermal coal mines, oil sands projects, or Arctic oil projects,…
The global oil industry should ramp up investment to ensure it can cope with future consumption growth and avoid supply shortages, OPEC Secretary-General Mohammed Barkindo told a conference in…
Chevron, Shell and Exxon have begun evacuating staff working on offshore platforms in the Gulf of Mexico ahead of a subtropical storm Alberto. Production has not yet been affected, the…
There has been a lot of talk on both sides of the Atlantic about the US pivot and efforts at locking in natural gas market share in Europe.
Much of this comes amid US President Donald…
Record crude oil volumes exported from the United States will be heading to Asia in the next couple of months to take another piece of the market away from Russia and the Organization of…
Oil prices were mixed on Tuesday, but remained under pressure from expectations that Saudi Arabia and Russia would pump more crude to ease a potential shortfall in supply.
A Chinese investment firm is set to spend $2 billion on the construction of an oil refinery in the northern Mazandaran Province, the deputy head of the province's Investment Center said.
Indian refiners say they are keen to maintain oil imports from Iran despite the US withdrawal from a nuclear deal with Tehran and threats to pressure the country with, according to the National…
While the capital Tehran’s low rainfall rate has adversely affected its surface and underground water reservoirs, the metropolis’s potable water consumption is about twice the country’s average…
Electricity consumption is expected to reach a peak of 58,000 megawatts in the current fiscal (started March 21), which will be 2,600 MW more than that of last year, a deputy at Iran Power…
Researchers of Petrochemical Research and Technology Company, a subsidiary of National Petrochemical Company, have developed a catalyst for methanation of synthetic gas.
Oil prices fell on Monday, extending even steeper declines from Friday, as Saudi Arabia and Russia said they may increase supplies and as US production gains show no signs of abating.
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Venezuela's Nicolas Maduro was sworn in Thursday for a second term as president of the crisis-wracked Latin American country, just days after winning an election boycotted by the opposition and…
Saudi Aramco has awarded a contract to Halliburton for unconventional gas stimulation services, as Saudi Arabia seeks to further reduce its domestic crude oil burn, freeing barrels for export or…
A seasonal splurge has helped lift Asia’s crimped gasoline refining profits out of a long slump, but higher crude prices and the rise of energy-efficient cars are set to leave margins stuck at…
