The parliament is ready to back new investments that would help expand and complete the value chain in the key petrochemical industry, the spokesman of Majlis Energy Commission said on Monday.…
Energy
Iraq’s Oil Ministry has added a new processing unit to the Kirkuk Oil Refinery, increasing the plant’s capacity to 56,000 barrels per day, the ministry said in a statement on Monday. The new…
The United Nations Habitat Office in Tehran signed a memorandum of understanding with Tehran Province Water and Wastewater Company on Monday on expanding collaboration in water management.
Iran's state oil company is lining up a spate of subcontracts for local firms as part of large-scale oil and gas development projects and aims to ensure that incompetent firms will be struck out…
India’s government is in favor of banning the import of petroleum coke on environmental grounds, according to a government affidavit filed with the country’s top court, which could be a big blow…
Average prices of Iranian crude oil have soared by around $12 per barrel in 2017 from the previous year, the Oil Ministry said, reflecting an upward trajectory in global prices of the energy…
Kuwait’s Oil Minister Essam al-Marzouq said on Sunday OPEC and other oil producers will study before June the possibility of an exit strategy from the global oil supply-cut agreement.
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An initiative is underway to collect carbon dioxide emissions in petrochemical plants in the southern port city of Mahshahr, Iran's second largest petrochemical hub in Khuzestan Province.
Sri Lanka is willing to source its demand for oil derivatives from Iran, Sri Lankan ambassador in Tehran said on Sunday.
"There is a lucrative market for oil products in Sri Lanka and…
With its smog-prone north desperate to slash coal consumption, China is looking to deploy nuclear power to provide reliable winter heating. This has raised public safety concerns, although…
Iraqi Oil Minister Jabar al-Luaibi said on Sunday a deal signed with Tehran to swap up to 60,000 barrels per day of crude produced from northern Iraq's Kirkuk Oilfield for Iranian oil is for one…
A pilot production at Egypt’s Eni SpA-operated Zohr natural gas field will begin “in the coming few days”, the oil ministry said, as the country nears its goal of commercial output from the…
Iran's electricity supply to Pakistan increased by around 5% in fiscal 2016-17 (ended on March 20) compared to the previous fiscal.
Iraq has signed an agreement with Iran to export crude from its Kirkuk Oilfield at a rate of between 30,000 and 60,000 barrels per day, an Iraqi oil official said on Saturday.
Iraq plans…
Russian President Vladimir Putin said on Friday Russia was ready to sell gas to Saudi Arabia after he flagged off the first loading of liquefied natural gas at the Novatek-led Yamal LNG project…
Venezuela’s crude oil exports to the United States fell in November to their lowest level since January 2003, when a strike knocked down the country’s output, due to sanctions and a steep…
The administration of US President Donald Trump plans to keep coal and nuclear power plants running, but analysts are skeptical it will do enough to prevent more of the facilities from closing…
The sixth Iran Gas Trunkline (IGAT-6)–a major component of the national gas grid–will go on stream by the end of December, a top gas official said. "I-GAT-6 pipeline project is planned for…
Production of ethane from the giant South Pars Gas Field in the Persian Gulf is expected to rise by 25% in the present fiscal year (ending March 20, 2018) compared to the previous year, the…
With cold weather and rainfall descending on many regions of Iran, the residential sector is expected to drive demand for natural gas as consumers burn more fuel for heating homes.
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Operations to complete the Asalouyeh combined cycle power plant in southern Iran have gained fresh impetus following the allocation of financial resources, an official of Pars Oil and Gas…
European power companies could save billions of dollars by stepping up the closure of coal-fired power plants, as nearly all of them will be loss-making in Europe by 2030, think-tank Carbon…
The head of Iraq’s state oil marketer SOMO is currently holding talks in Iran to determine a start date for oil exports from Iraq’s Kirkuk oilfields, Iraqi Oil Minister Jabar al-Luaibi said on…
Bushehr's Fajr-e-Jam Gas Refinery processed over 1.4 billion cubic meters of natural gas in the period between Oct. 23 and Nov. 21, managing director of the refinery said. “As winter is…
Iraq and Turkey are willing to cooperate with Iran in expanding and modernizing the country's aging gas stations, managing director of filling stations' planning and research center said.
